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CK Hutchison Rules Out Ports Deal Being Completed This Year

The deal covers 43 of CK Hutchison’s ports, including two in the strategic Panama Canal. 

August 15, 2025

Crocs Invests $80M in Nevada for US E-Commerce Hub

This venture was announced without fanfare by the Nevada Governor’s Office of Economic Development within a notice about seven companies receiving $11.2 million worth of tax abatements.

August 14, 2025

Tariff Confusion Drives Record Volume at Los Angeles Port

The spike in July was due to traders rushing to front-load their cargo to be able to reach U.S. stores before Trump’s import duties take effect, said Executive Director Gene Seroka.

August 14, 2025

Panama Canal to Enter Ports Business as Trump-China Feud Stews

The Panama Canal is planning to enter the ports business with a tender for two terminals, a move that comes amid a high-profile clash between the U.S. and China over the waterway.

August 12, 2025

Bankrupt Del Monte Tweaks Auction Rules to Attract Bids

Bankrupt canned fruit company Del Monte Foods won court permission to hold an auction of its assets after giving potential bidders more time to make an offer.

August 12, 2025

US Loses Top Spot in Canada’s Car Market to Mexico

Trump’s imposition of 25% tariffs on foreign vehicles has disrupted the long-standing system that mostly allowed the free flow of vehicles and parts across the three North American countries.

August 12, 2025

4 Top Truck Makers Sue CARB, Newsom Over Emissions Rules

Daimler, International, Paccar and Volvo Group are suing the California Air Resources Board on grounds that federal actions vacated the state’s efforts to enforce its own emissions rules.

August 11, 2025

Coastal Group Opens $41.8M Missouri Cold Storage Facility

An affiliate of Coastal Group has opened a $41.8 million cold storage facility in its home state, at a site that’s being touted as sitting within a 10-hour drive of most of the U.S. population.

August 11, 2025

Trump Presses China to Quadruple US Soybean Purchases

“I hope China will quickly quadruple its soybean orders. This is also a way of substantially reducing China’s Trade Deficit with the USA,” President Trump wrote on Truth Social.

August 11, 2025

Canadian Road Trips to US Slump Nearly 37% in July

The drop in U.S. travel underscores Canadians’ resentment toward their southern neighbor, who is their biggest trading partner and was once their favorite vacation destination. 

August 11, 2025