Karen Thuermer

AAFA Welcomes Progress on USMCA

The American Apparel & Footwear Association welcomes the announcement that the House of Representatives will move forward with a vote on the U.S.-Mexico-Canada Agreement (USMCA), paving the way for expedited approval and what the industry hopes will be a seamless transition from the North American Free Trade Agreement (NAFTA). “AAFA strongly supports USMCA and is thankful to USTR and Congressional leadership for their work to finalize a deal that can get ... [+]

NFTC Welcomes Announcement of Agreement on USMCA

Washington D.C. – National Foreign Trade Council (NFTC) President Rufus Yerxa today issued the following statement following the announcement of an agreement on USMCA: “This is finally good news on the trade front after a long, hard year. We’re optimistic about the deal and are looking forward to seeing the ... [+]

Port of Oakland export volume up 5.8% last month

Port of Oakland export cargo volume increased 5.8% last month compared to November 2018, according to statistics released on December 10. It was the second straight month export levels have risen in Oakland, the Port said. Export volume had previously climbed 10.8% in October. According to Port data, Oakland handled ... [+]

Savannah continues to build container volumes

The Port of Savannah moved 363,000 twenty-foot equivalent container units in November, a 5.4% increase over the same month last year, or an additional 18,460 TEUs. For the fiscal year to date (July-November), the Georgia Ports Authority has handled nearly 2 million TEUs, an increase of 109,000 TEUs, or 5.8%. The ... [+]

Truckers Hail Deal on USMCA Trade Agreement

American Trucking Associations leaders hailed an agreement between the United States, Mexico and Canada that paves the way for USMCA’s ratification in Congress. “Now with a clear path to USMCA’s ratification, this is an historic victory for truck drivers, motor carriers and the entire American economy,” said ATA President Chris Spear. ... [+]

VLSFO sales are growing; New low-sulphur bunker oil popular in Rotterdam

The new low-sulphur bunker oil VLSFO (Very Low Sulphur Fuel Oil with a maximum 0.5% sulphur) has become extremely popular in Rotterdam, Europe’s largest bunker port. Half of all November bunker sales were for VLSFO. This became apparent from the bunkering notifications via the Port of Rotterdam Authority’s TimeToBunker App. ... [+]

India Invests in Ocean Leadership

India has begun to invest heavily, albeit quietly, in expanding its naval and air power across the Indian Ocean. The effort is driven by two factors: a desire to improve maritime domain awareness and maritime security throughout the vast region, and New Delhi’s growing anxieties about Chinese inroads in its strategic backyard. As Chinese ... [+]

Jim White, Port of Baltimore Executive Director, Resigns

James J. White, who has guided the Helen Delich Bentley the Port of Baltimore during a period of record revenue, cargo and job growth as executive director of the Maryland Department of Transportation Maryland Port Administration (MDOT MPA), has announced his resignation effective December 31. Executive Director White led operations ... [+]

Europe’s biggest e-logistic park with over 700,000 sqm of warehouses.

E-commerce confirms its vitality in Europe by marking its switch to a new market trend requiring today’s companies to adapt their long-term strategy to reach this promising growing market. According to the latest report published by the European Ecommerce Europe lobby, this sector's turnover is expected to INCREASE BY 13.6% in ... [+]

HHLA continues its success, but uncertainties on the rise

Hamburger Hafen und Logistik AG (HHLA) continued its positive performance in the first nine months of 2019. The company recorded another significant increase in revenue and saw strong growth in its operating result. It was again possible to improve profitability year-on-year in a challenging market environment. Container throughput increased moderately ... [+]