President Trump met with business leaders last week to present a plan for keeping jobs in the United States. He offered a carrot - a dramatic cut in taxes and regulations - as well as a stick - a substantial tax on companies that decide to send their factories offshore.

A surge in piracy to the west of the Philippines is forcing shipowners to divert vessels through other waters, increasing costs and extending the time it takes to transport goods such as Australian iron ore to key Asian destinations, according to Reuters.

Although rates have risen from the historic lows of early 2016, uncertainty for the global container shipping market in 2017 will be uncertain, according to Xeneta, a company that provides market intelligence platform for containerized ocean freight.

Drewry Financial Research said last week that after the collapse of Hanjin Shipping last fall, Taiwanese carrier Yang Ming has taken pole position as the most debt-burdened container line in the industry.

DHL has announced the market launch of CILLOX, the online platform that matches full truck load (FTL) and less-than-truckload (LTL) shipments with available transportation providers.

European aerospace giant Airbus has unveiled plans to develop a "flying car" to function as an aerial taxi and carry cargo.

The dry bulk market's strong end to 2016 is unlikely to last long into 2017, according to the latest research from Maritime Strategies International. In its latest quarterly dry bulk market report, MSI predicts a depressed year for rates in 2017, a year marked by multiple risks to recovery.

DHL eCommerce, a division of Deutsche Post DHL Group, has launched a fulfillment center in Sydney to meet Australian domestic demand for overseas goods ordered by online shoppers, the company says.