Cosco Shipping, already expected to report weaker third-quarter earnings, could face an additional $1.5 billion to $2.1 billion in fees in 2026.
October 14, 2025Search
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Shipping Braces for Carbon Tax, Fueling Trump Tariff Threat
The International Maritime Organization will this week decide on sweeping new rules to make the sector start paying for the more than 1 billion tons of greenhouse gases it emits each year.
October 14, 2025Ocean Shippers Find Work-Arounds to Avoid New US Port Fees
The U.S. is set to start charging large Chinese vessels millions of dollars when they call at American ports from Oct. 14.
October 9, 2025Electric Aircraft Firm Beta Technologies Files for US IPO
The company counts TPG, Amazon.com and General Electric among investors with 5% or greater stakes.
September 29, 2025Amazon to Pay $2.5B to Settle Prime Subscriptions Case
Amazon will pay $1 billion in civil penalties and will refund $1.5 billion to customers to resolve allegations that it misled millions into signing up for Prime and then made it hard to cancel.
September 25, 2025Zoox Seeks NHTSA Approval for Driverless Car Deployment
The exemption Zoox is seeking would allow the company to operate as many as 2,500 self-driving cars on U.S. roads.
September 24, 2025Amazon Jury Trial Over FTC鈥檚 Prime Cancellation Claims Opens
Amazon.com squared off in court against the FTC over allegations that the company duped customers into signing up for the Prime subscription service and then made it too hard to cancel.
September 23, 2025Amazon Battles Claims of 'Control' Over Contract Drivers
Amazon.com exercised 鈥渙verwhelming control鈥 over subcontracted drivers it claimed weren鈥檛 its employees, U.S. labor board attorneys told a judge Sept. 22.
September 23, 2025Trial to Start Examining Amazon's Prime Sign-Up Process
A federal trial beginning in Amazon鈥檚 hometown this week is set to examine whether the online retailing giant tricked customers into signing up for its Prime service.
September 22, 2025Uber Gets Back Into Drone Delivery With Flytrex Investment
Tests with Flytrex鈥檚 autonomous drone delivery system will begin in Uber Eats pilot markets by the end of the year.
September 18, 2025