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WASHINGTON — President Joe Biden announced March 11 the U.S. will dramatically downgrade its trade status with Russia as punishment for its invasion of Ukraine and also ban imports of Russian seafood, alcohol and diamonds.

Yellow Corp. has reached a settlement with the Department of Justice over allegations dating back to 2005 that the company overcharged the federal government while shipping items for the Department of Defense.

A California industrial real estate developer will begin construction this spring on two facilities totaling almost 1 million square feet near the Hampton Roads port terminals in Virginia.

WASHINGTON — Congress on March 8 passed legislation that would shore up the U.S. Postal Service and ensure six-day-a-week mail delivery, sending the bill to President Joe Biden to sign into law.

The Port of Baltimore on March 7 announced it is expanding container business at its Seagirt Marine Terminal as the Israeli-based ZIM Shipping Line will begin calls at the facility this summer.

A Houston-based company will retain a $17.9 billion contract to move military families after the Government Accountability Office rejected protests lodged last year by two companies seeking to block the agreement.

Two Mobile, Ala., transportation agencies are getting a combined $100 million in federal grant money to support various projects, including the construction of a new international airport terminal at the Brookley Aeroplex.

President Joe Biden and some members of Congress are calling for ocean carriers to lose their limited antitrust immunity under legislation that has been introduced in the House of Representatives.

A Department of Transportation assessment of U.S. supply chain disruptions calls for new policies and utilizing funding resources contained in the bipartisan infrastructure law for such solutions as expanding truck parking and improving warehouse capabilities.

President Joe Biden is taking on the concentrated market power of ocean shipping companies, although officials at the agency overseeing the industry indicated they lack both the jurisdiction and, for now, any evidence of wrongdoing.