With the windfall that came as a result of soaring cargo rates during the COVID-19 pandemic, CMA CGM and others ordered vessels that are now entering service.

The companies established a joint venture holding company, Forward Computers Alliance Limited, to facilitate the acquisition from the Freight Software Group.

A $60 a barrel price cap on Russian oil imposed in December 2022 was designed to deprive insurance from a tanker transporting oil at above the price cap.

Commercial cargo vans and pickup trucks made up 90% of all BEV deliveries, 95% of which came from Ford and Rivian.

BMW reportedly shipped out 8,000 cars with a part from a Chinese supplier that had been added to a list of companies known to use forced labor. 

That figure would cover the cost of 13 border-related programs to deal with physical checks on plant and animal imports and safety and security declarations. 

The announcement from the People's Republic of China’s Ministry of Commerce is a signal that China will hit back in its trade disputes with the U.S. and Europe.

The U.S. Army Corps of Engineers still expects to fully reopen Baltimore's primary shipping channel by the end of May. 

The Port of Baltimore has seen roro and container vessel traffic resume with the opening of a deep-water channel on May 14, allowing access to four alternative channels.

The U.K. government, desperate for medical equipment at the start of the pandemic, handed contracts to firms with little experience in manufacturing or procuring them.