Transport, Trade and Regulation News

In an effort to boost trade between two of Asia's major emerging economies, South Korea and India signed a comprehensive free trade agreement Friday that will slash tariffs, encourage mutual foreign i

In a further sign that Europe's largest economy may be reviving, Germany's trade surplus increased by 28 percent in June compared to May, official data showed on Friday.

DHL agreed to pay $9.4 million to settle allegations it violated U.S. export controls for shipments to Iran, Sudan and Syria, the government said Thursday.

i2 Technologies improved upon the profit earned from selling its software as a service products to semiconductor designers and supply chain planners.

The head of the United Transportation Union sent a quick apology to key senators after members of the Senate Commerce, Science and Transportation Committee erupted in anger over a union claim of influ

China's trade surplus this year is likely to drop by 23.3 percent to $220 billion, the State Information Center, an influential government think tank, said in a report.

Clothing retailer Polo Ralph Lauren said Wednesday it earned a $76.8 million profit despite falling sales in its fiscal first quarter in part through savings on logistics and transportation costs.

An angry flare-up over a union influence claim led the Senate Commerce, Science and Transportation Committee to both approve Daniel R.

A key Senate committee approved the president’s nominees for senior jobs at the Department of Transportation, to lead the Surface Transportation Board and fill a slot at the National Transportat

A new sponsor re-introduced in the House a bill that would benefit entrepreneurs who want to offer short sea shipping services.

International ocean and air freight forwarder FedEx Trade Networks recently opened seven freight forwarding offices in Asia and Latin America, expanding its operations to cover key trade lanes.

DHL Supply Chain recently rolled out an inbound logistics system in Europe for Jaguar Land Rover.

Many rail freight shippers are captive to a single carrier and it is “very rare” to have two lines serving them, said Sen. John Thune, R-S.D.

The U.S. Postal Service ended its third fiscal quarter June 30 with a net loss of $2.4 billion as cost cutting failed to keep pace with falling revenue.

Motor carriers doing business with the Defense Department through owner-operators must pass on any fuel surcharges under an interim rule that took effect July 29.

New orders for manufactured goods in the United States increased by 0.4 percent to $349 billion in June, the fourth such increase in the last five months, the U.S. Census Bureau reported Wednesday.

Agility, the Kuwait-based provider of logistics services, increased net profit by 3 percent during the first half of 2009, compared with the same period last year, to $261.5 million.

Talks to craft legislation that would revamp federal oversight of railroad-shipper disputes “continue to move forward but we’re not there yet,” said Sen. John Thune, S.D.

Panalpina Group, the Switzerland-based logistics and forwarding provider, reported its net profit dropped 77.9 percent during the first half of 2009 compared with the same period last year, to $15.9 m

Sen. Jay Rockefeller said proposed rail reform legislation may not emerge in the few days remaining before the Senate starts a planned month-long recess on Aug.

Non asset-based transportation holding company Circumference America consolidated operations and sold its intermodal division, Radius Rail Logistics.

A swift conclusion to the long-delayed Doha round of negotiations could "act as a stimulus for recovery" from the global recession, World Trade Organization head Pascal Lamy said Tuesday.

Inflation remains well under control in the 30-nations that belong to the Organization for Economic Cooperation and Development, the Paris-based research organization said Tuesday.

Technology provider INTTRA rolled out an upgraded version of its online ocean shipment booking tool Monday, adding capabilities that enable shippers and forwarders to send more detailed booking inform

A closely watched index of industrial shipping in the United States fell back slightly in July from the month before, Cass Information Systems announced Monday, amid growing signs that the year-long d

The Institute of Supply Management's manufacturing index jumped 4.1 percentage points in July to its highest point in a year and accelerating figures in the closely watched report suggest manufacturer

Logistics provider Agility opened a 139,900-square-foot logistics hub near Kuala Lumpur, the capital of Malaysia.

DSV, the largest Scandinavian trucking and logistics company, reported a larger-than-expected decline in second-quarter earnings and lowered its full-year forecast to reflect shrinking ocean, air and

The growth rate of the index of industrial prices measured by The Journal of Commerce and the Economic Cycle Research Institute moved into positive territory for the second week in a row in the week e

As complaints mount about the slow pace of the federal stimulus program, planners of a truck staging ramp for shippers in St. Joseph, Mo., have just the opposite problem.

A significant reform of U.S. export controls long criticized as deeply flawed and counterproductive is in the works, and exporters hope for major changes in the regulations.

Taxing drivers by the number of miles they travel instead of the amount of fuel they buy has become a popular alternative for lawmakers as they look for ways to pay for the highway infrastructure of t

For all the debate over “green shoots” and “brown shoots,” it is increasingly clear that a global industrial recovery is taking root and is starting to fertilize economic recovery worldwide.

The House on Thursday passed H.R. 283-142 a bill that tightens safety standards for domestic and imported food products.

A government audit says the financial viability of the U.S. Postal Service is at high risk as the USPS struggles to keep up with declines in mail volume reaching billions of pieces a year.

The Department of Transportation’s stimulus payments jumped by $146 million in the week ending July 24, bringing its total to $919.5 million.

David T. Matsuda was sworn in Thursday as deputy maritime administrator, the agency announced.

Maria Luisa O’Connell, president of the Border Trade Alliance, has been appointed Customs and Border Protection assistant commissioner for public affairs, the trade group announced.

The World Trade Organization decided Friday to create a panel of experts to investigate whether a ban by the United States on imports of Chinese poultry violates WTO regulations.

The decline in gross domestic product slowed dramatically in the second quarter, giving hope the recession may indeed be coming to an end.