Feature

UNCTAD’s Rebeca Grynspan – Maritime Transport Enters Uncharted Waters

By Rebeca Grynspan Following is the foreword for the Review of Maritime Transport 2025, written by Grynspan, secretary general of the United Nations Conference on Trade and Development (UNCTAD). Not since the Suez Canal’s closure in 1967 has the industry witnessed such sustained disruption to the arteries of global commerce. Ships that once transited the Red Sea in days now sail for weeks around the Cape of Good Hope. Freight rates that ... [+]

CH Robinson’s Chris Ugarte – US Supreme Court to Hear Broker Liability Case

By Chris Ugarte The U.S. Supreme Court has agreed to take up a case that could settle conflicting court interpretations of who can be held liable in roadway-accident lawsuits against the transportation industry. In Montgomery v. Caribe Transport II LLC, the plaintiff was injured along a highway ... [+]

US Threatens IMO Countries Voting for Net Zero

The U.S. State Department said it plans to penalize countries that approve and participate in the International Maritime Organization (IMO)’s plan to decarbonize shipping through a carbon fee. The IMO assembled on Oct. 14 to discuss and potentially vote on its Net Zero Framework, or NZF, ... [+]

Trump, EU Trade Agree on 15% Rate on Autos

President Donald Trump formally implemented its U.S. trade agreement with the European Union on Sept. 24, confirming that a 15 percent duty rate for EU autos and auto parts began on Aug. 1 and listing tariff exemptions for generic pharmaceuticals, aircraft and aircraft parts. The Commerce ... [+]

China Counters with Port Fees on US Ships

China's transport ministry said U.S.-owned, operated, flagged and built vessels are to be assessed additional port fees per voyage starting on Oct. 14, Reuters reported. The port fees are a countermeasure against upcoming U.S. port fees on Chinese ships, the ministry said. The move follows U.S. President ... [+]

CSX Reopens Expanded Howard Street Tunnel

CSX reopened the expanded Howard Street Tunnel, a historic and transformative US$450 million infrastructure project intended to modernize freight rail transportation along the East Coast. The project marks a major milestone in the decades of effort by state, federal, and private partners to deliver a long-sought ... [+]

AI, Frontloading Lifts World Trade, WTO

Global merchandise trade outpaced first half 2025 expectations, driven by increased spending on AI-related products, a surge in North American imports ahead of tariff hikes, and strong trade among the rest of the world. In response, the World Trade Organization economists raised the 2025 merchandise trade ... [+]

Trailer Bridge Sells Logistics Unit to ATS

Trailer Bridge Inc. said Oct. 8 it has agreed to sell its logistics division – responsible for the company's domestic brokerage and intermodal moves – to ATS Logistics Services Inc. (ATSL), effective Nov. 1. Trailer Bridge leadership said it is “a strategic decision by to realign ... [+]

NRF: Retail Sales Strong, Sees Momentum

Retail sales slowed on a monthly basis in September after a busy summer, but year-over-year increases remain strong as retailers prepare for the holiday season, said the National Retail Federation. According to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, total retail sales, excluding automobiles and ... [+]

BIMCO Adopts Methanol Bunkering Annex

BIMCO said it has adopted a Methanol Annex to its Bunker Terms 2018, the latest addition to the Danish international shipping association’s portfolio of contracts and clauses that support the maritime industry’s transition towards alternative fuels and decarbonization.  The annex, adopted by BIMCO’s documentary committee, provides ... [+]

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