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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 Department and the U.S. Trade Representative's office said they amended the tariff schedule to implement the framework agreement reached with the EU in July that ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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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Hapag-Lloyd and Shell Western LNG B.V. (Shell) have signed a multi-year agreement for the supply of liquefied biomethane starting with immediate effect. The agreement builds on a strategic collaboration established in 2023 to accelerate the decarbonization of alternative marine fuels.
Biomethane, also known as Bio-LNG, plays ...
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The Port of New Orleans, or Port NOLA said its Louisiana International Terminal project became the first new project in the U.S. and Louisiana to register with the Envision Sustainable Infrastructure Framework project.
Port NOLA said it registered LIT with the globally recognized framework to standardize ...
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The International Air Transport Association, or IATA, and carbon market stakeholders are calling on governments worldwide to urgently address the limited supply of carbon credits available for airlines to fulfill their carbon compliance.
Airlines face these obligations under the Carbon Offsetting and Reduction Scheme for International ...
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