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.

It's hard to know whether peak shipping season started early, and trade volumes will level off soon, or if importers will continue bringing in more than usual.

Ortberg told the presidents of Boeing’s largest workers union and another labor group that he’s seeking “a new contract where we can come together to build a strong future for our employees in the region."

XPO unveiled plans in 2022 to split its freight brokerage and North American trucking operations into two publicly traded companies.

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.

The union representing Samsung Electronics workers has been pushing for a wage increase and a more favorable bonus structure since the start of the summer.

The study will be conducted by maritime services firm Lloyd's Register and nuclear engineering company Core Power.

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.