APL Ltd. has for the second straight year emerged as the favorite shipping line for service among a group of agricultural sector exporters and importers, with Orient Overseas Container Line finishing a close second in the Agriculture Transportation Coalition (AgTC’s) annual ocean carrier performance survey.
|
SAN FRANCISCO — U.S. containerized exports could exceed imports during certain months as soon as 2016 and on an annual basis by 2020, Walter Kemmsies, chief economist at Moffatt & Nichol, told the annual meeting of the Agriculture Transportation Coalition (AgTC). Kemmsies cautioned that those projections could be derailed by myriad factors including macroeconomic changes, shifts in rates by container and bulk carriers, and U.S. failure or success in developing infrastructure needed to support exports. But he said the U.S. has an opportunity to be a net exporter of loaded containers, largely because of its comparative advantage in agriculture production.
|
WASHINGTON, D.C. — The U.S. Department of Agriculture (USDA) said information collected so far indicates the discovery of bioengineered wheat growing in an Oregon field in late May appeared to be a “single isolated incident.”
|
Monsanto Co. won another round in a legal battle with U.S. organic growers on June 10, when as an appeals court threw out the growers' efforts to stop the company from suing farmers if traces of its patented biotech genes are found in crops, newswire reports say.
|
A long-planned barge service between the Ports of Stockton and Oakland, Calif., began operation the evening of June 9, American Shipper reports.
|
The European Union and the U.S. officially launched far-reaching negotiations on a trans-Atlantic free trade and investment agreement on June 17 that could boost their combined economies by as much as $280 billion a year, the Journal of Commerce reports.
|
