Business
The Port of Long Beach plans to double its annual container capacity to 20 million TEUs by 2050 after posting a record year in 2025, CEO Noel Hacegaba said at his first State of the Port address, Jan. 15.
The port moved 9.88 million twenty-foot-equivalent units, or TEUs last year, up 2.4 percent from 2024 and just short of 10 million TEUs, with no major backlogs or delays. A newly released ...
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U.S. retail sales posted strong growth in December, bringing 2025 holiday spending in line with forecasts for record results, according to the CNBC/NRF Retail Monitor.
Holiday sales from Nov. 1 through Dec. 31 rose 4.1 percent from a year earlier, near the upper end of the ...
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Small business confidence continued to climb in the third quarter, according to the latest Small Business Index from MetLife and U.S. Chamber of Commerce.
The third quarter index score of 72, up from 65.2 last quarter, was driven by improved views of both the national and ...
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President Trump on July 30 issued an executive order suspending commercial de minimis entries from all countries as of Aug. 29.
Trump said he is taking this action under the International Emergency Economic Powers Act, or IEEPA, to prevent evasion of the “reciprocal” tariffs he imposed ...
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At 2025’s halfway point, it’s still anyone’s guess as to the impact new tariffs and government upheaval will have on the U.S. economy, admitted National Retail Federation Chief Economist Jack Kleinhenz July 8.
“This year began with high expectations for the strength of the U.S. economy,” ...
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Trade moving through the Port of Long Beach declined 8.2 percent in May due to tariffs and retaliatory tariffs, but a temporary pause on those fees will likely trigger a cargo surge by late June.
Dockworkers and terminal operators processed 639,160 twenty-foot equivalent units, or TEUs ...
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Tariffs imposed by President Donald Trump have not yet led the U.S. into a recession, but worries over the economy are widespread and growing despite continued job and income gains, National Retail Federation Chief Economist Jack Kleinhenz said May 7.
“The possibility of a U.S. recession ...
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Retail sales in March snapped a two-month series of declines, but those gains were moderate, as consumers continued to anguish over rising tariffs, according to the CNBC/NRF Retail Monitor, the National Retail Federation said April 14.
The improved spending “came before the president’s ‘Liberation Day’ tariff ...
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Trailer Bridge Inc., the Jacksonville, Florida-based full-service transportation provider, said it has partnered with technology provider Highway to enhance its tech stack and better support its customers and carrier partners.Highway specializes in Carrier Identity® solutions for brokers, providing the necessary data to reduce fraud and ...
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Supply chain risk and compliance platform provider Resilinc said its EventWatchAI database revealed that overall disruptions to global supply chains increased 38 percent from 2023.EventWatchAI, a risk monitoring database found the top five disruptions in 2024 were factory fires, labor disruption, business sales, leadership transition ...
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