The global economy risks being thrown off course by the war in the Middle East, with growth slowing and inflation rising as energy markets and trade flows face renewed disruption, the International Monetary Fund said.
The IMF projected global growth of 3.1 percent in 2026 and 3.2 percent in 2027, a downgrade from earlier expectations and below recent levels. The fund said growth would have been stronger – about 3.4 percent ...
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U.S. manufacturing extended its modest rebound in March, but rising cost pressures and a renewed uptick in inflation point to a fragile and potentially short-lived recovery, according to data from the Institute for Supply Management.
The Manufacturing PMI registered 52.7 percent in March, up from 52.4 percent in February, marking a ...
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The U.S. Surface Transportation Board has proposed sweeping changes to its permitting process aimed at accelerating rail infrastructure projects and reducing regulatory burdens.
The proposal, approved unanimously by the board, would mark the first major overhaul of the agency’s environmental review procedures in more than 30 years. Officials said the changes ...
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President Donald Trump’s use of broad-based tariffs is facing renewed legal scrutiny as the U.S. Court of International Trade considers a challenge to his latest trade measures.
The New York-based court heard oral arguments April 10 over tariffs imposed under Section 122 of the Trade Act of 1974, a provision the ...
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Kawasaki Kisen Kaisha Ltd., known as “K” Line, said March 31 it has begun using bio-LNG fuel for its liquefied natural gas-powered car carriers under a new long-term procurement agreement aimed at reducing greenhouse gas emissions.
The company said the agreement will support the continued supply of carbon-neutral liquefied bio methane, ...
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Port Milwaukee opened its 2026 international shipping season April 3 with the arrival of the Marshall Islands-flagged Federal Nagara, officials said.
The vessel called at the Logistec terminal to discharge specialty steel after transiting the St. Lawrence Seaway from Spain and Belgium. The Seaway’s binational system linking the Great Lakes to ...
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The Ocean Alliance will begin calling the Jacksonville Port Authority’s SSA Jacksonville Container Terminal in May, adding a weekly container service linking Northeast Florida with major Asian markets.
The Chesapeake Bay Express service, operated jointly by CMA CGM, COSCO Shipping, Evergreen Marine and OOCL, will make its inaugural call in May. ...
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Hanseatic Global Terminals has become the sole owner of Florida International Terminal LLC following the completion of a capital structure adjustment with Grupo Empresas Navieras, the companies said.
Under the transaction, Grupo Empresas Navieras exited its minority stake in the terminal operator through its affiliate Agunsa USA Inc., aligning with its ...
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Global trade rose by about US$2.5 trillion in 2025 to a record US$35 trillion, a gain of roughly 7.5 percent, according to the United Nations Conference on Trade and Development.
Goods trade led the expansion, increasing about 7 percent and contributing roughly US$1.8 trillion. Services trade grew around 8 percent, adding ...
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A near shutdown of the Strait of Hormuz is rapidly spreading strain across the global economy, hitting trade flows, driving up prices and tightening financial conditions, according to a new assessment from UN Conference on Trade and Development, or UNCTAD.
In its latest update released April 1, UNCTAD said activity through ...
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