The firm with $4 billion of assets is keen to branch out from its Middle East base to play a larger global role as economic growth expands demand for shipping.

With concerns over transit delays in the Red Sea and the looming threat of an East Coast and Gulf port longshoremen strike, retailers began restocking shelves in June. 

The cables were severed by the anchor of a cargo ship sunk by Iran-backed Houthi militants in late February.

Trump's proposal would include a 60% tax on all goods from China, which accounted for roughly 15% of all U.S. imports in 2023, by value.

June figures were down in part due to some vessel owners opting to unload or refuel at Malaysian ports to avoid delays.

The challenges posed by the narrow St. Lawrence Seaway have long stalled shipping traffic to the Chicago metropolitan area. 

There’s no one-size-fits-all strategy when determining whether to outsource or insource manufacturing operations, says Sam New, director analyst at Gartner.

GM's board of directors asserted that the company's policies already reflect a "zero-tolerance" approach to child labor.

There are signs these sanctions are proving effective, at least in terms of disrupting tankers that had been moving Russian oil.

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