Industry News

Port Tracker Says Container Imports Will Decline This Month

Containerized imports at the major U.S. gateways will decline in February, but volumes will pick up in the spring, according...

Star Reefers Swings to $124 Million Loss in 2011

Star Reefers swung to a $124 million net loss in 2011 from an $89,000 profit a year ago, as the...

Shipping Corporation of India Profit Down 40 Percent

Shipping Corporation of India’s third quarter net profit fell 40 percent from a year ago to $15.12 million, as the...

Asia-Europe Spot Rates Resume Their Fall

Spot freight rates on the westbound Asia-Europe trade dropped by 3.2 percent this week from the week before as the...

Global Economy on the Mend, Says Survey

A quarterly global survey says the world’s economic climate has begun to improve after two quarters of decline but remains...

news

The merchandise processing fee (MPF) collected by U.S. Customs and Border Protection has been increased from .21% to .3464%...

After months of waiting, the Generalized System of Preferences (GSP) was extended today, along with the Andean Trade...