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Logistics

How Foreign-Trade Zones Can Cut Import Costs

FBJNA – How It Works, with Sandler, Travis & Rosenberg Trade Report – With U.S. tariffs increasing the cost and complexity of importing goods, companies are taking another look at a longstanding customs tool that can defer, reduce or, in some cases, eliminate duties: the foreign-trade zone. Foreign-trade zones, or FTZs, are designated locations physically within the U.S. but treated as outside U.S. customs territory for purposes of customs entry. That distinction ... [+]

GEODIS Opens Philippines Forwarding Office

GEODIS has opened its first company-owned freight forwarding office in the Philippines, replacing an agent model as the logistics provider expands its presence in a market attracting increased manufacturing and technology investment. The Manila office will provide air and ocean freight forwarding, project logistics and supply ... [+]

Long Beach Ties SE Asia Growth to Rail Investment

The Port of Long Beach is pointing to growing trade with Southeast Asia as another reason to expand on-dock rail capacity, as Vietnam has become the port's second-largest trading partner behind China. CEO Noel Hacegaba said shifting sourcing and manufacturing patterns are increasing the importance of ... [+]

Panama Canal Bulker Transits Fall 22%

Panama Canal bulker transits have fallen 22 percent year over year since the beginning of July as lower water levels and increased competition for transit slots push more dry bulk vessels toward longer alternative routes, according to BIMCO. Tankers have added to competition for canal capacity ... [+]

UP-NS Merger Filings See Competitive Remedies

The regulatory battle over the proposed Union Pacific-Norfolk Southern merger is beginning to move beyond broad arguments over consolidation as railroads, shippers and other parties outline specific competitive concerns and potential remedies they may ask the Surface Transportation Board to impose. One of the most significant ... [+]

New DHL AI Tool Analyzes Customs Tariff Data

DHL Global Forwarding has launched an artificial intelligence-based tool that allows shippers to use natural-language queries to analyze customs declarations, tariff exposure, duty spending and clearance performance across global operations. TradeNavigator operates within DHL's TradeConnect platform, which integrates local customs declaration data from more than 75 ... [+]

DHL, ITC Expand SME Cross-Border Program

DHL and the International Trade Centre have renewed a partnership aimed at helping small and midsized businesses overcome logistics and other barriers to international trade. Under a memorandum of understanding signed Sept. 16, DHL and ITC will expand support for SMEs in exports, supply chains and ... [+]

HD Hyundai Tests WindWings for LNG Carrier

HD Hyundai Heavy Industries is working with BAR Technologies, Korean Register and the Liberian Registry to determine whether rigid wind sails can be incorporated into a 174,000-cubic-meter LNG carrier design, potentially extending wind-assisted propulsion into another major deep-sea vessel class. The companies signed a joint development ... [+]

Chiquita, TA Dedicated Refine Banana Logistics

Chiquita Fresh North America and TA Dedicated are marking 20 years of a transportation relationship supporting the movement of bananas from U.S. ports into the grocery distribution network. The partnership represents the inland portion of a highly specialized cold chain in which maintaining temperature, transit times ... [+]

Crowley Adds Houston-Central America Service

Crowley will launch a new weekly container service connecting Port Houston with Guatemala and Honduras beginning Sept. 10, expanding direct U.S. Gulf connections with Central America. The Gulf-Central America Express Service will connect Houston with Santo Tomás de Castilla, Guatemala, and Puerto Cortés, Honduras, with Thursday ... [+]