US pays bulk of tariff costs as levies fail to save steel jobs
American companies and consumers are paying almost the full cost of U.S. tariffs, and the impact of those duties on import volume magnifies over time,…
Long Beach’s Cordero says investment in Zero Emissions key to long-term growth
Critics says the cost of doing business at Long Beach and Los Angeles is high and due in part to tough regulations on diesel emissions,…
Averitt opens distribution center in Atlanta to serve Southeast transportation hub
Averitt Express has opened a new distribution and fulfillment center in Atlanta, GA. Located just minutes from downtown and Hartsfield-Jackson Atlanta International Airport, the facility…
Paxxal Inc. Names Jeffrey Barlow as Chief Financial Officer
Barlow reports to Ben Stoller, Chief Executive Officer and Executive Managing Member of Paxxal, and will have direct responsibility for overall financial, accounting, procurement and…
Hapag-Lloyd issues notice for CAF Surcharge in North Europe
Effective for sailings as of February 1, 2020 and valid until further notice, the Currency Adjustment Factor (CAF) for the North European trades will be…
Hapag-Lloyd issues notice for CAF surcharge for Mediterranean
Effective for sailings as of February 1, 2020 and valid until further notice, the Currency Adjustment Factor (CAF) for the Mediterranean trades will be as…
German car production drops to 23-year low on waning exports
German car production fell to its lowest in almost a quarter of a century as Europe’s biggest economy suffers from the fallout of a global…
Energy commodity prices rose more than other goods in 2019
The energy portion of the S&P Goldman Sachs Commodity Index (GSCI) ended 2019 22% higher than it began the year. Price indexes for other commodity…
CMA CGM announces port congestion surcharge in Libya
Considering the current increasing congestion in Libya at the ports of Benghazi and El Khoms, CMA CGM will apply the following Port Congestion Surcharge with…
Hapag-Lloyd announces revised fuel surcharge for France
Effective January 1, 2020 Hapag-Lloyd revised the Fuel Surcharge for Inland Haulage under Carrier arrangement from/to France
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