MSC GRI from USA WC, EC & Gulf to Far East Ports
General Rate Increase (GRI) for Far East Westbound cargo (ex. USA) effective March 16th, 2020
CN initiated progressive and orderly shutdown of its Eastern Canadian network
CN announced Thursday that the Company has been forced to initiate a disciplined and progressive shutdown of its operations in Eastern Canada. This will include…
Bundesbank Warns of Coronavirus Hit to German Exporters
German exporters are likely to suffer from the coronavirus outbreak in China that’s threatening to disrupt global supply chains, according to the Bundesbank.
Alstom in talks for $7 billion buyout of Bombardier train unit
French train maker Alstom SA confirmed it’s in talks to acquire the rail business of embattled Canadian train and plane maker Bombardier Inc., in a…
Lebanese Airline scraps decision to accept foreign currency only
Lebanon’s Middle East Airlines scrapped a decision to reject payments in the local currency, hours after the nation’s president warned against the move and questioned…
U.K. Brexit negotiator to set out goals after EU warnings
David Frost, the U.K.’s chief Brexit negotiator, will set out Britain’s goals for talks over its future relationship with the European Union in a speech…
Chinese Airlines Begin Reporting Impact from Coronavirus
China’s three largest airlines reported declines in January passenger traffic because of the coronavirus outbreak, with the shortfalls likely to deepen this month as the…
U.K. Consumers Face Higher Prices for EU Goods, Deal or Not
U.K. consumers will face higher prices on goods coming from the European Union after Brexit, whether Boris Johnson signs a free trade agreement with the…
U.S.-Kenya trade talks seen a risk for Africa regional pact
A possible U.S.-Kenya free-trade agreement could undermine an existing continent-wide commerce pact and limit Africa’s power to negotiate with the U.S.
Italy escapes higher U.S. tariffs on some products
Italy escaped higher U.S. trade tariffs on some exported goods after directly lobbying administration officials in Washington, according to the country’s foreign minister.
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