Lisa Baertlein

U.S. ocean shipping company Matson has paid $6.4 million in port fees to China since they were implemented on October 14, CEO Matt Cox said on Tuesday.

U.S. Customs and Border Protection has processed nearly 24 million packages that would have received duty-free treatment since President Donald Trump ended the de minimis exemption on August 29, an agency spokesperson said on Tuesday.

United Parcel Service will retrofit 5,000 of its boxy, brown trucks with air conditioning in delivery areas with the hottest weather, according to the company and the Teamsters Union that represents the delivery firm's drivers.

California Governor Gavin Newsom this week vetoed a law that would have limited the regulatory powers of air quality agencies at the ports of the nation's busiest port complex at Los Angeles and Long Beach, which is the biggest source of local air pollution.

U.S. imports of containerized goods in September fell 8.4% from the year earlier, including a 22.9% drop in goods from China, amid ongoing trade ructions from President Donald Trump's tariff policies, data released on Thursday showed.

The U.S. is one week away from imposing port fees on certain vessels with links to China, a move expected to cost the top 10 carriers $3.2 billion next year as President Donald Trump seeks to address China's growing dominance on the high seas.

A slump in ocean shipping demand since U.S. President Donald Trump imposed a raft of new tariffs on trade partners earlier this year has helped send ocean container rates to their lowest since January 2024, threatening profits at major carriers including Maersk and Hapag-Lloyd.

Yemen's Houthis will target U.S. oil majors including ExxonMobil and Chevron with sanctions, a body affiliated with the Iran-backed militia said on Tuesday.

U.S. delivery companies are on track to handle 2.3 billion packages this holiday season, 5% more than last year, as an extra shopping day helps offset the drag from President Donald Trump's tariff policies, according to a forecast released on Monday.

Global shipping companies are moving full steam ahead with commercial vessel orders from Chinese shipyards, despite the U.S. targeting those ships with port fees aimed at countering China's maritime dominance, a new report from the Center for Strategic and International Studies showed.