Commerce Department clashes with industry economist. Will US steel capacity utilization tank or rebound is at the heart of the controversy? Or is it something else…
For all stakeholders in maritime transportation regulation, all eyes were on London during the second week of April and meetings being held there by the Maritime Environmental Protection Committee (MEPC) of the UN International Maritime Organization (IMO). After some debate, the MEPC adopted a strategy for further reductions by the shipping industry of CO2 emissions, a plan which represented a middle ground among member states participating in the meeting.
The port commission also eyes future, allocating resources to explore logistics hub scenarios.
The slow switch of pharmaceuticals shippers away from air cargo and toward ocean has more to do than just costs. It’s also about the lack of reliability of air carriers in protecting the integrity of temperature-controlled shipments.
WTO worries the domino effect will take hold. Governments, industry and labor groups, and companies from around the world appear to be unanimous in their condemnation of the tariffs on steel and aluminum imports, and fearful of the consequences of such measures.
We finally know what President Donald Trump is going to do with the Department of Commerce’s recommendations for steel and aluminum tariffs and quotas under Section 232 of the Trade Expansion Act of 1962. Apparently, he’s going to exceed them.
Trump would be advised to salvage whatever relationships he can in Asia.
The South Carolina Ports Authority expects its second inland port, in Dillon, South Carolina, to open in April, a facility slated to support growing intermodal cargo volumes between the Port of Charleston and markets throughout the Carolinas, the Northeast, and the Midwest. The upcoming event will reflect South Carolina’s growth in logistics investments and freight movement.
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