The International Maritime Organization will this week decide on sweeping new rules to make the sector start paying for the more than 1 billion tons of greenhouse gases it emits each year.
October 14, 2025GovernmentBusinessLogistics
Tariffs, Capacity Keep Freight Industry on Edge
Tariffs and carrier capacity continue to be the two top issues increasing the length of transportation executives鈥 worry lines, according to attendees of the CSCMP Edge 2025 conference.
October 10, 2025GovernmentBusiness
Trump Suggests 'Massive Increase' on China Tariffs
Trump said Oct. 10 that 鈥渢here seems to be no reason鈥 to meet with Chinese leader Xi Jinping as part of an upcoming trip to South Korea after China restricted exports of rare earths.
October 10, 2025GovernmentBusinessEquipment
First Brands鈥 Official Creditor Committee Includes Top Foe
Raistone has demanded a court-appointed examiner investigate First Brands, claiming in court papers that as much as $2.3 billion 鈥渟imply vanished鈥 from the company.
October 10, 2025GovernmentBusinessFuelLogistics
Some China-Bound Ships Carrying Oil Canceled on Port Fees
China announced Oct. 10 that it would impose fees on U.S. ships in retaliation for similar measures due to be imposed by the Trump administration Oct. 14.
October 10, 2025GovernmentBusinessLogistics
China Hits US Ships With Retaliatory Port Fees
They would take effect on Oct. 14, the same day that the United States is due to start imposing port fees on Chinese vessels.
October 10, 2025GovernmentBusinessFuel
Venture Global Suffers Defeat in BP鈥檚 LNG Arbitration
Venture Global lost a dispute with BP involving the sale of liquefied natural gas cargoes, a surprise defeat that comes eight weeks after Venture聽prevailed in a similar fight with Shell.
October 10, 2025GovernmentBusiness
Trump Predicts China Will Resume Buying US Soybeans
President Donald Trump predicted China will resume purchases of American soybeans after he meets with Chinese President Xi Jinping later this month.
October 9, 2025GovernmentBusinessEquipment
First Brands Exposure of $1.75 Billion Hits Japanese Venture
A joint venture between Norinchukin Bank and Japanese trading house Mitsui & Co. faces $1.75 billion of exposure to bankrupt auto parts supplier First Brands Group, court documents show.
October 9, 2025GovernmentBusinessTechnologyEquipment
Class 8 Truck Orders Slide 44% as Tariffs Strain
ACT Research preliminary data showed orders decreased 44% year over year to 20,800 units. But they increased 57.6% from the 13,200 units reported in August.
October 9, 2025