Hurricane Harvey and its aftermath—torrential rain and flooding—continue to cripple the Texas transportation industry. Throughout Houston and surrounding Texas counties, storm damage has displaced thousands, made highways and key transportation…
Trade Alerts
Port of Los Angeles Reports Busiest July in History
On Thursday, August 10th, the Port of Los Angeles announced that July container volumes had climbed by 16 percent compared to July 2016. In total, 796,804 Twenty-Foot Equivalent Units (TEUs)…
Port Workers in India Expected to Strike August 18th
India’s major ports, which together account for roughly 70 percent of the country’s total container trade, are bracing for an indefinite strike on August 18, 2017. With the threat of…
Collection of Softwood Lumber CVD to End August 26th
On April 28, 2017, the Department of Commerce (DOC) instituted the Softwood Lumber Countervailing Duty (CVD) Case C-122-858, under provisional duty measures, after making the preliminary determination that countervailable subsidies…
India Introduces Goods and Services Tax (GST)
On July 1, 2017, a Goods and Services Tax (GST) was enacted throughout India to replace multiple cascading taxes previously levied by state and local governments. Introduced as one indirect…
Swissport Ground Handler Strike at Toronto Pearson Airport
Canada’s busiest airport is braced for delays after more than 700 ground handlers working for Swissport at Toronto Pearson Airport (YYZ) walked off the job Friday, July 28th, after rejecting…
COSCO Shipping and SIPG Make Bid to Acquire OOCL
On July 9, 2017, COSCO Shipping Holdings Co. Ltd. announced that COSCO Shipping and SIPG (Shanghai International Port Group) made an offer to all shareholders of OOCL to acquire all…
TMF at Ports of LA/LB to Increase on August 1, 2017
The West Coast MTO Agreement (WCMTOA) recently announced that the Traffic Mitigation Fee (TMF) at the Ports of Los Angeles and Long Beach will increase by 2.3% on August 1,…
Cyberattack on Maersk: Operations Returning to Normal
After the June 27, 2017, cyberattack known as Petya crippled A.P. Moller-Maersk’s IT and booking systems, leading to congestion at some of the 76 ports run by the company’s APM…
Maersk Cyberattack: Current Outlook
A.P. Moller-Maersk, the owner of the world’s largest shipping company Maersk Line, was hit by the global ransomware attack known as Petya, which began Tuesday, June 27, 2017. Maersk was…