China’s Finance Ministry on Sept. 11 announced the first round of exemptions of U.S. goods from Chinese retaliatory tariffs. The exemptions will be effective from Sept. 17 to Sept. 16, 2020. Specifically, the exclusions will cover two lists — one comprising 12 items and another comprising four items.
The agency responsible for the health of the U.S. maritime sector will be considering the role that labor and politics play in automating port operations. In comments submitted to the U.S. Maritime Administration (MarAd), Daniel Reiss, president of Automated Terminal Systems (ATS), said that it’s a mistake for terminal operators and port authorities to appease […]
Most of the nation’s largest seaports are reporting record cargo volume amid stalled trade negotiations between the United States and China. The Port of Los Angeles, the nation’s busiest, set a new single-month cargo record for the fourth consecutive month.
In an increasingly environmentally conscious world, many companies are adopting more sustainable transportation methods to reduce their carbon footprints. And for good reason — cars, trucks, aircraft and other forms of transportation account for more greenhouse gas emissions than any other source, according to the U.S. Environmental Protection Agency.
With news of July being the hottest on record, it seemed fitting that we take a look at temperature-controlled air cargo. Indeed, a number of freight forwarders noted in recent earnings reports that temperature-controlled volumes were a bright spot in an otherwise disappointing first half of the year for air cargo.
In July, NATS handled 252,173 flights in UK airspace, an increase of 0.9% on July 2018. There was growth in many areas of the operation, especially non-transatlantic international overflying traffic and transatlantic overflights, increasing by 6.5% and 5% respectively. Traffic grew at seven of the 13 airports where NATS provides the air traffic control service, […]
Container volumes into U.S. ports slowed through the first half of 2019 due to the overhang from last year’s push to bring in containers ahead of tariffs and the uncertain economic outlook. Thanks to the trade war with China, trans-Pacific import volumes took the biggest hit. The 10 largest U.S. ports by throughput reported loaded […]
The U.S. Department of Transportation announced Wednesday, July 31, that it will award $478 million in airport infrastructure grants to 232 airports in 43 states and Puerto Rico.
Legislators propose a share of U.S. crude oil and natural gas exports be transported in ships built in the U.S. and operated with U.S. crews.
Federal Reserve officials decided to add some additional stimulus into the economy, settling on a 25 basis point reduction in the federal funds rate at the conclusion of the July 30-31 Federal Open Market Committee (FOMC) meeting. This marks the first reduction in interest rates since 2008 and ends a monetary tightening cycle that began […]
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