The investment will contribute to the development of infrastructure, and play a vital role in boosting Pakistan's economy, said Pakistan’s Minister for Maritime Affairs, Qaiser Ahmed Sheikh.

Both companies said their gradual shutdown would ensure hazardous and vulnerable shipments aren’t stranded if a settlement isn’t reached by August 22.

China pointed to national security as the driving factor behind the move, given that antimony can be used in explosives and nuclear weapons.

Are we finally seeing the end of the longest freight recession in recent decades? It’s the question on everyone’s mind — and has been for over a year. 

Global investors are lasered onto China’s struggling economy, even as they also contemplate the possibility of a recession in the U.S.

Staring down the looming threat of a work stoppage at East/Gulf Coast ports, retailers have opted for earlier shipping schedules in 2024.

The concept behind Foreign-Trade Zones (FTZs) is not hard to grasp — they act as secured places for receiving cargo into the U.S. without incurring tariffs, yet. Then, there are multiple ways those tariffs can be reduced. And yet, many companies are failing to make the most of FTZs to reduce costs, because they’re intimidated by the legal and organizational hurdles.

Both CN and CPKC began to embargo shipments of toxic chemicals such as chlorine and ammonia on August 12.

Automakers based in South Korea are taking action to address the growing fears over EV safety, after an unplugged electric Mercedes-Benz sedan caught fire.

The Department of Transportation's FLOW initiative was first launched in 2022 as a response to disruptions brought on by the pandemic.