Business
President-elect Donald Trump said one of his first executive order when he takes office Jan. 20 will charge neighbors Mexico and Canada 25 percent tariffs on all products coming into the United States.Separately, Trump said he would also impose a 10 percent tariff on all goods originating from China – essentially covering the largest U.S. trade partners.Meanwhile, officials from Mexico, Canada and China have threatened to respond with sweeping tariffs ...
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Port Houston handled 3.43 million 20-foot equivalent units, or TEUs, through October of this year a 7 percent improvement from last year, despite a double-digit dip in monthly volume.The Gulf port handled 309,623 TEUs in October, down 15 percent, though volumes are expected to be ...
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The U.S. Department of Transportation’s Maritime Administration, or MARAD, has awarded Port Houston one of 11 large Port Infrastructure Development Program grants for projects aimed at enhancing the safety, reliability, and resiliency of ports.“This important project will improve the efficiency and competitiveness of United States ...
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Port Canaveral showed revenue growth across all business sectors in its fiscal year 2024. and the South Atlantic port projects a strong outlook for the coming fiscal year.Canaveral Port Authority CEO Capt. John Murray, in his “State of the Port” address Nov. 20, said the ...
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Drewry’s September Global Container Port Throughput Index improved 4.7 percent from the year-earlier quarter, though down 0.3 percent from August.The rolling 12-month average growth rate for global port handling remained at 5.5 percent, while global year-to-date growth to September was 6.5 percent, with all regions ...
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UBSL, who for years has operated liner service from the Mediterranean and Black Sea to West Africa, has expanded into servicing the Caribbean and the East Coast of South America.UBSL Caribbean Line is a joint venture between BOCS Bremen and Universal Africa Lines. UBSL Caribbean ...
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FIFA has selected critical logistics company Rock-it Cargo as the Official Logistics Provider of the FIFA World Cup 26, the tournament set to take place across 16 host cities in Canada, Mexico and the U.S., from June to 11 to July 19, 2026.Rock-it Cargo, a ...
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Volkswagen Group of America in October opened a new vehicle processing center in Port Freeport in Texas, which represents a US$114 million in the Freeport area.The Freeport facility, built by KDC, spans more than 120 acres about 63 miles south of Houston along the Gulf ...
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The California ports of Long Beach and Los Angeles are in the midst of a record string for container volumes, both setting records for October volumes.
The Port of Long Beach moved nearly 1 million cargo containers in October, the strongest month ever, driven by ...
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The Port of Galveston has seen wind turbine shipments picking up, with hundreds of imported blades and tower pieces bound for a US$5 billion SunZia wind farm being built in New Mexico.Through October, the port has imported 979 wind pieces totaling more than 32,000 tons, ...
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