Ortberg bluntly told employees during a companywide address on November 20 that they control the company’s destiny.

This year, the LA and Long Beach ports, which together account for roughly a third of all U.S. container imports, have seen their busiest ever peak season.

New York’s plan was designed to reduce traffic and pollution while raising money for the city’s subways, buses and commuter rails.

Russia terminated its export targets at the end of May 2024, opting instead to restrict production, in line with its partners in the OPEC+ oil producers’ group.

Tai cautioned against the use of blanket tariffs such as those proposed by Donald Trump, who has vowed to enact 60% levies on all Chinese imports. 

The government may be forced to intervene in the strike, as it has done with recent port strikes, given the importance of the postal carrier to the economy.

Businesses are poised to continue bringing in larger volumes of goods through the end of the year, which is normally a quieter time for the ports.

Southwest’s order book with Boeing had originally called for 86 aircraft deliveries in 2025, but the airline has since lowered that number to 73. 

The demonstrations have also interrupted commercial activity in Maputo, and raised concerns about further delays to a $20 billion natural gas export project.

The West has stepped up efforts to crack down on tankers transporting Russian oil.