Shipping carriers globally have initiated rate increases for freight originating from Asia and other key regions. These companies justify the higher costs by citing increased operating expenses. Such
by U.S. Imposes New Duties on Molded Fiber Products from China and Vietnam
The U.S. Department of Commerce has announced the implementation of new duties on specific molded fiber products imported from China and Vietnam. This action targets a range of items, including molded
by Panama Port Concessions Canceled, Prompts International Backlash and Damages Claim
Panama Ports Company (PPC) is pursuing extensive damages following the cancellation of its terminal concessions. This significant action directly results from a decision by the Panamanian Supreme Cour
by President Trump Issues Tariff Warning Over Canada-China Trade Talks
President Trump has announced a significant economic threat aimed at Canada. The President stated a 100% tariff on Canadian imports would be implemented immediately should Canada finalize a preliminar
by Update: Cosco Shipping inks $7 billion deal for big fleet expansion
Chinese shipping giant Cosco Shipping has finalized a substantial $7 billion agreement. Cosco Shipping earmarked this landmark deal for a major expansion of its extensive fleet.
The significant invest