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The cost of a new Port of Montreal terminal that Canadian Prime Minister Mark Carney says is in the national interest has soared to about $1.7 billion, according to a Cabinet minister.

Shorting Maersk stock during a global trade war may seem like a sure bet. But investors who’ve loaded up on the trade since April have so far only been handed big losses.

Two longtime stalwarts of the drayage community serving the Port of Oakland and beyond closed their doors in recent weeks after around four decades in business each.

“July may be our peak season month as retailers and manufacturers bring orders in earlier than usual, then brace for trade uncertainty," said Port of Los Angeles' Gene Seroka.

Oregon lawmakers on June 30 approved $100 million for a new container terminal at the Port of Coos Bay, propelling the Pacific Coast Intermodal Port from proposal to construction plan.

U.S. port activity softened in May as tariffs weighed on trade, ending months of gains at Los Angeles, Long Beach, Oakland and Seattle-Tacoma.

Two new ship-to-shore container cranes have arrived at Jaxport’s Blount Island terminal, expanding the port’s capacity to handle larger vessels as part of a state-backed modernization push.

The new facility is designed specifically to handle cold-rolled steel coils. It marks the first phase in a plan to upgrade the site into a high-performing logistics hub for central Alabama.

Canada’s provincial leaders urged Prime Minister Mark Carney to back new oil pipelines, electricity grids, critical mineral mines, ports and railways at a meeting June 2 meant to identify “nation-building” projects to be fast-tracked.

The ceasefire in the tariff fight between the United States and China is encouraging trade across the Pacific, holding up freight prices three weeks on, even as container bookings have slowed.