Transport, Trade and Regulation News

Beijing’s stated decision to allow the yuan to gradually float against global currencies won’t dent the country’s booming export growth, but the move will help stabilize the economy

While it may be well into 2011 before Congress can enact a new long-term funding program for surface transportation, the Obama administration could be just weeks away from laying out what it wants in

The U.S.

Six months after Customs and Border Protection moved to active enforcement of Importer Security Filing rules amid suggestions that the sky would collapse for many importers, the sky looks to be right

A Miami exporter of heavy equipment for the construction, farm and trucking industries pleaded guilty this week to trying to defraud the U.S.

Sen. John McCain introduced legislation to “fully repeal” the Jones Act, which he said is preventing non-U.S.-flag vessels from helping clean up the Gulf of Mexico oil spill.

The Senate on Friday afternoon confirmed on a voice vote John S. Pistole to be the administrator of the Transportation Security Administration.

U.S. steel imports increased by 4.7 percent in May to 2.2 million tons from 2.1 million tons in April, the American Institute for International Steel said Friday.

Truckload freight demand is slowing, according to the Morgan Stanley Truckload Freight Index.

Four emerging conditions promise to have long-term impact on supply chain management, according to Detlef Trefzger, member of the management board of Schenker.

Buying Binge Drives Up Box Prices

Nike plans to increase its orders for footwear and apparel 7 percent over the next six months and will turn to greater use of air freight to “meet the tremendous growth in orders” for the

The Federal Aviation Administration issued $125 million in contracts to develop commercial jet technologies that cut fuel consumption, emissions and noise.

The U.S.

With the exception of transportation equipment, orders and shipments for manufactured durable goods increased 0.9 percent in May, signaling a growing recovery for core manufacturing.

The Federal Maritime Commission granted Commissioner Rebecca Dye a three-month extension of her fact-finding into vessel capacity and equipment shortages, putting off completion of a report until the

Customs brokers are asking the House Ways and Means Committee to weigh in on legislation that would require foreign manufacturers to have registered agents in the U.S.

The UK's new government said it will sell off state-owned rail, aviation and postal assets as part of a deficit reduction program.

Europe’s currency crisis and China’s slowing growth won’t derail what’s emerging as a sustainable but uneven recovery, economist Nariman Bahravesh said Wednesday.

Two Customs and Border Protection officials who have worked closely with the trade community were recognized Monday for their service to the agency.

Customs and Border Protection should stop looking at security and trade facilitation as a balancing act between opposites but see them as an integrated whole, Commissioner Alan Bersin told a conferenc

The economic impact of the Gulf oil spill will be “trivial,” said the chief economist of a commercial real estate service provider.

The Department of Transportation will join with the Department of Housing and Urban Development to decide how to allocate some money from the DOT’s “TIGER II” infrastructure grant ac

The U.S.

The World Bank says it’s easier to import goods into South Korea, Estonia and Japan than it is to get shipments into the United States.

Last year’s 18.2 percent drop in business logistics spending was a record, according to an annual benchmark report, but it was a record with an asterisk.

In his June 10 speech to the National Industrial Transportation League, Rep. James L. Oberstar outlined some of the features he and Sen. Jay Rockefeller plan to produce in the new rail law.

U.S. rail shippers for years tried to get Congress to act on their complaints and toughen federal rules over rates and service from the nation’s few remaining major long-haul lines.

A key lawmaker’s call for sweeping ocean shipping regulatory reform puts antitrust immunity and carrier business practices under the spotlight

Hershey is shifting production from its headquarters on East Chocolate Avenue in Hershey, Pa., to improve its manufacturing and distribution, an effort projected to earn up to $80 million a year in su

Leaders of the Senate Agriculture, Nutrition and Forestry Committee this week joined the chorus of lawmakers and shippers asking what can be done about equipment shortages and vessel capacity that are

The Senate may confirm John S. Pistole as head of the Transportation Security Administration before the July 4 congressional recess, according to Sen. Joseph I.

Congress Reconsiders Liability Limits

Europe’s logistics industry is emerging leaner and fitter from double-digit declines in revenue and earnings spawned by the worst economic and trade recession since World War II.

With the economy seemingly taking a step back for every step forward, the 2010 U.S.

The Obama administration is giving its stimulus projects a new push and a stronger emphasis, saying transportation construction projects are reaching a peak for the two-year spending program.

Customs and Border Protection is campaigning for the election of Sandra M. Bell to head the World Customs Organization’s office of compliance and facilitation.

The Consumer Product Safety Commission is supporting legislation that would require foreign manufacturers to have registered agents in the U.S. to represent them in state and federal courts.

U.S.

Output at U.S. factories, mines and utilities rose 1.2 percent in May, led by a third straight monthly increase in manufacturing, the Federal Reserve reported.