Transport, Trade and Regulation News

President Donald Trump’s nominee to head the US Export-Import Bank has described the bank as “corporate welfare” that should be abolished.

The World Bank will provide 5.3 billion taka of the funding.

Indian efforts to make it easier to do business in the country paid off Tuesday.

Cosco Shipping is heading for the world's number three container line position, with its rapid expansion boosted by the Chinese government.

Latest Teamsters organizing effort focuses on changing owner-operator model and federal pollution rules governing ports.

Transporters of outsized cargoes now must obtain permits to cross borders and even to move from region to region within countries.

There is quite a difference between the single market and the customs union.

European airlines are bystanders in the long simmering “open skies” dispute between US and Gulf airlines that looks like it is about to shoot up to the top of President Trump’s “America First” agenda.

The corridor is the second-busiest artery in the country.

“The Receita Federal is intent on pushing the pedal of pain down this week.”

Bharat Mala supplements the much publicized Sagar Mala program.

The cost for shipping from Novorossiysk to Istanbul has fallen substantially.

The official said four companies have met pre-selection conditions under the new tender.

US contractors, manufacturers, suppliers, and US-flag ocean carriers say Ex-Im Bank is essential if US-based companies are to compete with more than 60 other nations that provide export credit.

The ports of Los Angeles and Long Beach will soon release the final draft of an update to its historic Clean Air Action Plan.

A sharp break in relations between the United Kingdom and the European Union after Brexit will be devastating for the trade and business between both parties.

Express couriers each day handle thousands of e-commerce shipments.

The fourth round of talks on the renegotiation of the North American Free Trade Agreement are careening toward an inclusive end.

Virginia joins Miami, South Carolina, Port Everglades, Tampa, Jacksonville, Port Manatee, and Savannah in the program.

The low-sulfur fuel rule taking effect in 2020 is likely to usher in “a paradigm change” akin to the introduction of mega-ships.

The world was shocked by British citizens’ decision on June 24, 2016, to withdraw their nation from the European Union.

ExxonMobil said that it expects new fuel formulations will appear in order to meet demand for bunkers with a sulfur content of 0.5 percent.

The Trump administration’s 10-day waiver expired Sunday.

Ports must invest more than $100 billion over the next five years to upgrade infrastructure for big ships. Private equity funds ready to step if, if the deals fit their investment strategies.

“The expectation is that the work on the short-term solution will begin later this year.”

The Vancouver Fraser Port Authority (VFPA) is also inching closer to creating a single portal for truck appointment systems.

Hearing rebuts attacks on law after Puerto Rico hurricane.

A host of issues critical to shippers, brokers and truckers await Robert P. Martinez, President Trump’s nominee to head the Federal Motor Carrier Safety Administration.

India's customs agency agreed to postpone by a month the enforcement of the use of radio-frequency identification sealing tags for factory-stuffed export shipments.

US Rep. Alan Lowenthal, D-Calif., suggests a tax on surface freight transportation to meet the nation's huge infrastructure development needs.

The Chinese government has been cracking down on factories with low environmental standards and safeguards since the early 2000s.

It has been nine months since a shipper coalition submitted a petition seeking guidance on the matter.

Transporters of outsized cargoes now must obtain permits to cross borders and even to move from region to region within countries.

The reduction slightly jars the confidence of the container shipping industry.

"You just find an export credit agency in another country. When that happens, the supply chain leaves the United States and goes to that other country.”

Codesa runs the ports of Praia Mole and Vitoria.

Global marine terminal operators that have led port privatization in India could unshackle themselves from a long-running and complicated pricing regime.

The European Union is the United Kingdom’s largest trading partner, accounting for almost half of its exports.

The pricing discipline that has worked so effectively in pushing up carrier profits this year is being threatened by a looming rate war.

Chittagong Chamber of Commerce President Mahbubul Alam expressed satisfaction over the government’s moves.