International Trade News

WASHINGTON, D.C. — The American Trucking Associations is urging the U.S. Senate to pass a shorter “short-term patch” to the Highway Trust Fund than that approved by the House of Representatives earlier this month and then quickly move to finding a long-term funding solution.

Japan and Mongolia have reached a bilateral free trade agreement aimed at eliminating import tariffs on most products tra


Infrastructure
U.S. Transportation Secretary Anthony Foxx won’t be celebrating if a $10.9 billion injection for the Highway Trust Fund approved by the House last week makes it through the Senate.

Diesel
Trucking interests in Southern California were urged this week to lobby for a delay in the inclusion of transportation fuels under the state’s cap and trade law...

India’s merchandise exports rose for the third straight month in June on a year-over-year basis, expanding 10.22 percent to $26.48 billion...

Panama Canal locks project
An arbitration hearing is set to begin Monday in Miami on a contractor’s claim for $180 million in cost overruns for expansion of the Panama Canal.

Top 40 container lines in U.S. import trade in the first quarter of 2014
First-quarter 2014 numbers are in for the U.S. containerized ocean trade, with year-over-year results essentially flat.

Port of Los Angeles
The impact of importers’ contingency plans to avoid any West Coast labor disruptions tied to International Longshore and Warehouse Union contract talks are showing up in second-quarter import volumes.

The U.S.-Asia ocean container trade increased 2.7 percent to 20 million 20-foot-equivalent units in the 12 months ending March 2014 compared with the prior 12-month period, according to data from PIERS, the data division of JOC Group.

WASHINGTON — The U.S. Congress is winding up to punt on the challenge of finding a long-term solution to fund highways, bridges and roads...