Logistics

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, which would require ships to use cleaner fuels or technologies. Ships that pass an emission threshold would be assessed a carbon fee, while compliant ships ... [+]

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 ... [+]

CMA-CGM Order Shows India Commitment

Container shipping giant CMA CGM Group said it has ordered six advanced liquefied natural gas-powered containerships to be built at Cochin Shipyard Ltd. (CSL) India, the country’s leading shipyard, making the group the first major foreign carrier to commission LNG vessels from an Indian shipyard. All ... [+]

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 ... [+]

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 ... [+]

DMC Delivers Components for MPVs

Damen Marine Components (DMC) has contracted to supply rudders, steering gear and nozzles to two major newbuilding projects covering 14 multipurpose vessels at Udupi Cochin Shipyard and Mazagon Dock Shipbuilders in India. In its first-ever collaboration with Udupi Cochin Shipyard, project involves eight 6,300 DWT MPVs ... [+]

Shell, Hapag-Lloyd Strike Biomethane Deal

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 ... [+]

Port NOLA Registers LIT Project with Envision

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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