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US Levies on Chinese Ships Risk ‘Trade Apocalypse’

A proposal from the U.S. would put million-dollar levies on Chinese ships docking in the U.S. It's aimed at curbing China’s dominance of shipbuilding, logistics and maritime industry.

March 24, 2025

Trucking Market Shows Signs of Recovery After Long Downturn

Trucking is emerging from a difficult period, and the headwinds that have plagued the industry are beginning to weaken as freight volumes improve and capacity leaves the market.

March 21, 2025

France Backs Using EU’s Top Trade Tool Against US If Needed

The anti-coercion instrument, which is subject to a number of conditions and steps, would eventually allow the EU to deploy a broad range of retaliatory responses.

March 21, 2025

NTSB Says Maryland Could Have Found Key Bridge Vulnerability

The Maryland Transportation Authority did not conduct a risk assessment that, if acted upon, could have allowed the state to protect the Francis Scott Key Bridge from collapsing, NTSB says.

March 21, 2025

Exxon, Trafigura Protest Colonial Pipeline Changes

Commodities trading giant Trafigura joined oil majors Exxon Mobil and Chevron in protesting operational changes to Colonial Pipeline’s 5,500-mile fuel network.

March 21, 2025

FedEx Reports Net Income, Revenue Increase for Q3

FedEx Corp. continued efforts to improve profitability during its fiscal third quarter despite navigating an especially challenging operating environment, the company said.

March 21, 2025

China Cuts Back on Small Packages Shipped to US

Chinese companies cut back on the small packages they shipped to the U.S. last month, as President Donald Trump looks to close off the trade and impose tariffs on all imports from China.

March 21, 2025

Foxconn Gets First Major EV-Making Client in Mitsubishi

Hon Hai Precision Industry, known as Foxconn, has secured an agreement to make Mitsubishi EVs, scoring the first major customer for its fledgling EV contract manufacturing business.

March 21, 2025

BP to Sell Gas Pipeline Stake to Apollo Funds for $1 Billion

BP said Apollo-managed funds will purchase a 25% noncontrolling stake in BP Pipelines for about $1 billion, marking the British energy giant’s first divestment under its turnaround plan.

March 21, 2025