The Atlanta, Ga.-based parcel giant posted a net income of $1.27 billion for the second quarter of 2016 on revenues of $14.63 billion, year-over-year increases of 3.2 percent and 3.8 percent, respectively.
The U.S. International Trade Commission has recommended to the White House that certain changes to the country’s Harmonized Tariff Schedule be made to conform with the World Customs Organization’s amendments to the global harmonized system.
The U.S. International Trade Commission said the Earned Import Allowance Program continues to fall short at boosting the Dominican Republic’s apparel exports to the United States.
Registration takes less than 1 minute.
Ocean carrier Hyundai Merchant Marine joining the 2M Alliance - comprised of Maersk Line and MSC - has fueled speculation about Maersk’s ultimate motives, but the short term impact is a larger share on the transpacific trade, especially from Korea.
After a weak first quarter in 2016, east-west capacity rebounded slightly in advance of the traditional summer peak season, but overcapacity, decreased volumes and low rates continued to drive carriers into the ever-changing alliance game.
The intermodal center, which is scheduled to commence operations in the late summer of 2018, will enable shippers from surrounding states to more easily reach the Port of Savannah by rail instead of truck, the Georgia Ports Authority said.