Archives



December 2019

JAXPORTS Welcomes Experienced FTZ Export

The Jacksonville Port Authority (JAXPORT) is pleased to announce that experienced foreign trade zone expert Deborah Lofberg has joined the Commercial team as Manager of Foreign Trade Zone. In this position, Lofberg is responsible for managing JAXPORT’s Foreign Trade Zone No. 64, serving existing customers and attracting new businesses looking to take advantage of the cost savings and other efficiencies the FTZ offers. She also tracks trends and issues related ... [+]

Next Level of Digitalization

Lufthansa Cargo is expanding its digital sales channels with dynamic spot prices that can be booked immediately. These are now automatically generated in real time via the Rapid Rate Response (RRR) mechanism and are displayed as directly bookable offers. "With automated spot prices, we can make our customers offers. We are ... [+]

Over $10 B in Goods Moved Through Rickenbacker’s FTZ 138 in 2018

Foreign-Trade Zone 138 is growing and so is the global competitiveness of businesses operating within the 25-county zone. According to a recent federal report, $10.4 billion worth of goods moved through warehousing and distribution operations within FTZ 138 in 2018. As a result, Rickenbacker-based FTZ 138 ranks 7 out ... [+]

AAFA Welcomes Progress on USMCA

The American Apparel & Footwear Association welcomes the announcement that the House of Representatives will move forward with a vote on the U.S.-Mexico-Canada Agreement (USMCA), paving the way for expedited approval and what the industry hopes will be a seamless transition from the North American Free Trade Agreement (NAFTA). “AAFA strongly ... [+]

NFTC Welcomes Announcement of Agreement on USMCA

Washington D.C. – National Foreign Trade Council (NFTC) President Rufus Yerxa today issued the following statement following the announcement of an agreement on USMCA: “This is finally good news on the trade front after a long, hard year. We’re optimistic about the deal and are looking forward to seeing the ... [+]

Port of Oakland export volume up 5.8% last month

Port of Oakland export cargo volume increased 5.8% last month compared to November 2018, according to statistics released on December 10. It was the second straight month export levels have risen in Oakland, the Port said. Export volume had previously climbed 10.8% in October. According to Port data, Oakland handled ... [+]

Savannah continues to build container volumes

The Port of Savannah moved 363,000 twenty-foot equivalent container units in November, a 5.4% increase over the same month last year, or an additional 18,460 TEUs. For the fiscal year to date (July-November), the Georgia Ports Authority has handled nearly 2 million TEUs, an increase of 109,000 TEUs, or 5.8%. The ... [+]

Truckers Hail Deal on USMCA Trade Agreement

American Trucking Associations leaders hailed an agreement between the United States, Mexico and Canada that paves the way for USMCA’s ratification in Congress. “Now with a clear path to USMCA’s ratification, this is an historic victory for truck drivers, motor carriers and the entire American economy,” said ATA President Chris Spear. ... [+]

VLSFO sales are growing; New low-sulphur bunker oil popular in Rotterdam

The new low-sulphur bunker oil VLSFO (Very Low Sulphur Fuel Oil with a maximum 0.5% sulphur) has become extremely popular in Rotterdam, Europe’s largest bunker port. Half of all November bunker sales were for VLSFO. This became apparent from the bunkering notifications via the Port of Rotterdam Authority’s TimeToBunker App. ... [+]

India Invests in Ocean Leadership

India has begun to invest heavily, albeit quietly, in expanding its naval and air power across the Indian Ocean. The effort is driven by two factors: a desire to improve maritime domain awareness and maritime security throughout the vast region, and New Delhi’s growing anxieties about Chinese inroads in its strategic backyard. As Chinese ... [+]

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