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Democratic leaders in the U.S. House of Representatives said Wednesday they planned to indefinitely postpone action on a free trade deal with Colombia negotiated by the Bush administration. House Speaker Nancy Pelosi said more time is needed to make sure the pact addresses labor and environmental standards and that the president should tackle the stru...
The National Industrial Transportation League late Wednesday announced the selection Bruce J. Carlton, assistant administrator at the Maritime Administration, as its next president, effective June 1. Carlton replaces John Ficker, who left the organization late last year to become a supply chain executive at First Industrial Realty Trust, one of the n...
Apollo Management, the private investment company founded in 1990 by Leon Black, Joshua Harris and Marc Rowan, said shareholders at the company will sell 29.8 million shares to the public for $417.5 million, or $14 per share. The price, which is what the shares have traded for as recently as Monday on a private exchange, is sharply lower than the $24 ...
Westlake Village, Calif.-based Dole Food Co., the world's largest fresh-fruit and vegetable producer, is facing its own credit crunch and is looking to sell off land in Hawaii and California to avoid defaulting on $350 million in bonds. The revenue generated from the unidentified assets would be used to infuse emergency capital into the firm. Dole's $...
U.S.-flag ships operating on the Great Lakes are adopting new measures to reduce the risk associated with one of several ways a fishing-killing virus could enter Lake Superior. Members of Lake Carriers' Association (LCA) said they would conduct ballast water exchange when possible or implement other measures when taking on ballast in areas known to be...
U.S. Customs and Border Protection has decided not to move forward with the controversial Global Trade Exchange concept that would have created a privately managed database of international transactions that could be mined by law enforcement for cargo security purposes, Deputy Commissioner Jayson Ahern testified last week. Ahern told the House Appropr...
William Reinsch, president of the National Foreign Trade Council and a former Commerce Department official during the Clinton administration, urged Capitol Hill lawmakers Tuesday of the dangers associated with implementing unilateral sanctions against Iran. There is no question that Iran's behavior poses grave concerns for the United States and our al...
A congressional watchdog report has found the Office of the U.S. Trade Representative and other agencies must do a better job at coordinating their reviews on the effectiveness of various trade preference programs. Trade preference programs have proliferated over time, becoming more complex, but neither Congress nor the interagency Trade Policy Staff ...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi
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