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CBP Automates ACE Secure Data Portal Process

U.S. Customs and Border Protection (CBP) on Oct. 30 automated the process for applying for a new Automated Commercial Environment (ACE) Secure Data Portal (ACE Portal) top account with the Importer sub-account view. For trade parties with an existing CBP Form 5106 (5106 record) on file with CBP and without existing ACE Portal account access, this enhancement will modernize the process for accessing the importer sub-account features available in the ACE ... [+]

Incora’s Malaysia Office Supports APAC Growth

Incora, a provider of integrated supply chain solutions for the aerospace and defense industries, said it has opened an office in Johor, Malaysia, a latest step in its expansion across the Asia-Pacific. The new office will serve as Incora’s Asia-Pacific Shared Service Center and will provide enhanced support to more than ... [+]

CMA CGM Announces 10 New 24K TEU LNG Ships

French Carrier CMA CGM has entered its fleet and registered 10 new liquefied natural gas (LNG) dual-use 24,212-TEU vessels, the largest LNG-powered ships in the world.  Rodolphe Saadé, chairman and CEO of the CMA CGM Group, made the announcement at the 20th edition of the Assises de l’Économie de la Mer. CMA ... [+]

US Chamber to Congress on Shutdown: ‘Enough’

U.S. Chamber of Commerce President and CEO Suzanne P. Clark, in a letter to Congress Nov. 6 called on Senate Democrats to immediately vote to reopen the federal government and work with Republicans to address pressing issues such as healthcare affordability. “ENOUGH. Government shutdowns are always counterproductive, imposing heavy burdens on ... [+]

Port Canaveral’s Results Rely on All Segments

Canaveral Port Authority CEO Capt. John Murray in his annual state of the port address, detailed how all segments of operations – cruise, cargo, recreation, real estate, commercial fishing and aerospace – contributed to the Central Florida port’s performance. Revenue for fiscal year 2025 reached US$218 million, with US$182 million coming ... [+]

China to Resume US Soya Bean Imports, BIMCO

Following U.S.-China trade negotiations, China has committed to resume imports of U.S. soya beans and will purchase 12 million tonnes during the rest of 2025 and 25 million tonnes per year during the next three years, like 2024 volumes. If these commitments are met, U.S. soya bean shipments are expected ... [+]

Dry Bulk Demand Softens as Coal Shipments Fall

Coal shipments are forecast to decline 4.9 percent between 2025 and 2027, as demand is falling as electricity generation from renewable sources continues to expand, particularly in China, Europe and India, said BIMCO, the Danish shipping association. Furthermore, the global steel demand outlook is weak, contributing to limited demand for iron ... [+]

KKR Launches Galaxy Container Solutions

Global investment firm KKR said it has launched Galaxy Container Solutions, a global marine container leasing and financing platform, in partnership with a team of industry veterans. Galaxy will be owned by KKR-managed credit funds and accounts, which are committing US$500 million to the company via KKR’s Asset-Based Finance (ABF) strategy. Galaxy’s ... [+]

DHL Supply Chain Launches ReTurn Network

Contract logistics provider DHL Supply Chain said it has launched its DHL ReTurn Network, a multi-client reverse logistics solution in North America, designed to help businesses manage returns more efficiently and sustainably. National Retail Federation said U.S. consumers returned more than US$890 billion worth of merchandise in 2024, a 15 percent ... [+]

Spot Rate Market Flat Through October, Xeneta

Average container market spot rates from the Far East to U.S. was flat on all five main front-hauls the week of Oct. 31, and remain so against levels seen in mid-October, said Xeneta, the freight rate benchmarking and market analytics platform. Compared to September, average Far East-to-U.S. West Coast spot rates ... [+]

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