UP saw $6.7 billion in profits for all of 2024 — up slightly from 2023's total of $6.4 billion — and increased its operating revenue for the year by 1%.

MSC, A.P. Moller-Maersk A/S, Hapag-Lloyd AG and CMA CGM Group have all been hesitant to resume operations in the Red Sea.

Amazon cited a need to cut costs as the main motivation behind the move, although Quebec is also home to the company's only unionized warehouse in Canada.

CBP estimates that 77% of de minimis shipments in 2023 would have been assessed additional duties had they been subject to the restrictions outlined in the new rules.

The crew of the ship — which includes mariners from at least five countries — had been held captive by Houthis in Yemen since November 2023.

Labor shortages, supply chain disruptions and inflation increase operational challenges. While you can’t control external factors, you can improve warehouse agility. Low-code application platforms (LCAPs) make that possible.

Trump signed more than 200 executive orders within hours of being sworn in, including one that requires federal agencies to conduct a review of U.S. trade policies.

Exports of the steelmaking material from Port Hedland in Western Australia reached 47.6 million tons in December.

Crate & Barrel alleges that it had to pay $30 million more than it would have had carriers honored their service commitments. 

Duffy’s new job would heavily overlap with Elon Musk’s empire, requiring him to navigate the priorities of an outspoken billionaire who runs companies that fall under the agency’s jurisdiction.