Transport, Trade and Regulation News

The Hellenic Republic Asset Development Fund will announce the winner at the next meeting of its directors.

Direct links with Taiwan and South Korea would boost the economies of northern and central Luzon, the largest and most populous island in the Philippines.

The new center for e-customs clearance in the Russian northwest is located 37 from Russia’s busiest container port.

Legislators’ recent and rare interest in rewriting the Shipping Act of 1984 has been sparked by fear that the three shipping alliances have too much power and the Federal Maritime Commission doesn’t have a strategy to rein them in.

The acquisition, said to be worth around $4 billion, will cement Maersk’s position as the world’s largest container line.

Whoever wins the bidding would gain access to a Brazilian flag, which would allow them to operate along the Brazilian and Mercosur coastline.

The Federal Maritime Commission’s unanimous decision not to block the East Coast Gateway Port Terminal Agreement, the first of its kind in the United States, sets a precedent for port partnerships of this kind.

US Customs and Border Protection is chipping away at unfinished parts of its omnibus Automated Commercial Environment system for electronic document filing.

“The alliances are a tremendous concern.”

Customs clearance at Russian ports is set to take longer.

Eimskip in the last two years has acquired two freight forwarders focused on reefer cargo.

The project is tied to CBP's still-incomplete Automated Commercial Environment.

Proposed Canadian legislation would allow EU-based carriers to reposition empty containers between domestic ports.

"Customers change over $50 a container.”

The lower level of increase makes it less likely that shippers will move volumes to Russian rail operators.

The original rulemaking announcement, however, did not include the new rule’s effective date.

A Mexican government report alleging a lack of competition among the country’s top three rail operators may be the first test of a new railroad regulatory agency created last year.

HSH Nordbank booked a loss provision of 2 billion euros for loans to its struggling shipping clients.

The EU’s Port Services Regulation has finally come into force.

The new rules underscore a recent trend of greater government scrutiny of the pricing practices of the world’s leading ocean carriers.

Although the 2M Alliance will launch April 1, the HMM agreement will go into effect as soon as March 30.

The fine against each company could reach 9-10 billion rubles ($150-170 million).

The same legislation was introduced once before without ever making it out of the Senate.

Japanese authorities have ordered Yusen Logistics Co. to completely suspend its customs clearance operations.

India’s major ports face a fresh threat of labor stoppages.

The Department of Justice declined to say why CEOs of major carriers were served subpoenas March 15 at the biannual Box Club meeting in San Francisco.

The future of the Compliance, Safety, Accountability or CSA program increasingly is in doubt.

The scandal revolved around a federal police investigation that translates to “The Flesh is Weak.”

The decision on the deal, said to be worth around $4 billion, was due on March 27.

Beyond the headline numbers of multi-billion-dollar investments, Belt and Road is an opaque concept.

The Department of Justice is targeting a “gray area” between its authority and that of the Federal Maritime Commission.

US authorities capitalized on a rare window to exercise their power over non-US-based companies.

Despite President Donald Trump’s aversion to multilateral agreements, TFA holds big benefits for US companies.

The TFA contains sweeping provisions for expediting the movement of goods, and for publishing up-to-date data about rules and regulations critical for speeding up trade facilitation.

A "technical error" could cut $112 million from federal funding for truck safety enforcement programs, raising the risk of high-cost accidents.

“Working together in a cartel ... does not fly with the Commission.”

Brazil formerly had an independent port ministry.

“If we get a cut of what they are talking about, it’s going to be devastating.”

FMC Commissioner Daniel Maffei said he was “disappointed” to learn this week that the 2M and Ocean alliances had decided to forgo emergency funds to protect cargo.

India wants to switch from a point-to-point transportation system to a hub-and-spoke model.