trade agreement art
Two decades after the enactment of NAFTA, the debate over free trade has again risen to the top of the U.S. political agenda. This time, the controversy rages around the looming Trans-Pacific Partnership, a 12-nation trade bloc that would unite the U.S. and 11 other Pacific Rim countries in a wide-ranging pact that would establish new rules for international trade, intellectual property and foreign investment.

Krishnapatnam Port Container Terminal, an emerging alternative gateway on India’s southeastern coast, last week celebrated the first vessel call of the Chennai-Colombo-Gulf (CCG) service, a weekly intra-regional loop operated jointly by Simatech Shipping and Evergreen Line

US, Japan flags
Merchandise trade between Japan and the United States is expanding at a breakneck pace, as Japan’s exports and imports both charged ahead by more than 20 percent for the second straight month in April on a year-over-year basis.

Container shipping lines are enjoying strong westbound traffic growth to South Asia and the Middle East, giving carriers a ray of hope at a time when the shared trunk services from Asia to Europe are struggling, Drewry reported.

The West Coast contract agreement that was ratified Friday by the membership of the International Longshore and Warehouse Union, while applauded by cargo interests, carriers, ports and truckers, and rightfully so, will have a limited impact on West Coast port productivity and labor relations.

Port of Oakland dock operations
The membership of the International Longshore and Warehouse Union Friday voted overwhelmingly to approve a new contract that should ensure labor peace at West Coast ports for at least the next four years.

High-tech companies around the world expect exports to grow over the next two years, but air cargo freight and passenger jets are set to gain not container lines.

Shipping businesses in China are finally emulating their Western peers by embracing the opportunities and challenges brought by the internet, cloud computing, and big data.

Mexican exports this year are set rise 5 percent on increased demand for automobile shipments and other manufactured goods built in Latin America’s second-largest economy.