U.S. May Remove Tariffs for Least Developed Countries – The U.S. International Trade Commission is evaluating the impact of eliminating tariffs and quotas on products from the world’s poorest countries. Although World Trade Organization (WTO) members agreed in 2005...
Collapsible Cargo Container Being Tested – A new collapsible container design is being developed by the Dutch company Cargoshell. The new container is made of lightweight composite materials and, according to the manufacturer, can be broken down by one person in 30...
FDA Seeks to Improve Import Safety – The Food and Drug Administration (FDA) released a report that outlines ways to improve the safety and security of the imported products that it regulates. In the past ten years, the FDA went from policing six million shipments to...
Hybrid Powered Cargo Ship – The Auriga Leader, a cargo ship operated by NYK Line, is undergoing testing of a battery system designed to store the power of its massive solar cells. The project has been in development since 2009 when solar panels were installed...
China Raises Power Prices – A looming power shortage in China has led to price increase as much as 3% in some areas. The increases are targeted at commercial, industrial, and agricultural users and specifically exclude residences. As summer’s peak demand approaches,...
Greener Shipping Containers – Maersk announced a new policy regarding container flooring. Currently, the shipping industry uses as much as 1.5 million cubic meters of hardwood annually to outfit new containers. Under the new policy, Maersk will only purchase...
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