

Peter Eavis
Posts

UPS Says It Will Cut 20,000 Jobs in Efficiency Drive
The move comes as President Trump’s tariffs are reducing shipping volumes and is in addition to 12,000 job cuts last year.

What to Know About Who Pays the Higher Costs of Trump’s Tariffs
President Trump’s trade policies will make imports more expensive and calculating and paying the tariffs more complicated.

Delta Warns Trump’s Trade War Could Lead to a Recession
Delta is one of the largest U.S. companies to warn that the escalating trade war is weighing on its business and the global economy.

Panama Official Accuses Hong Kong Port Operator of Misconduct
The controller general of Panama said CK Hutchison, a Hong Kong conglomerate, did not properly renew its license to operate two ports that are part...

Why the Shipping Industry Isn’t Rushing Back to the Red Sea
The companies that operate large container ships say they plan to keep going around Africa as violence flares in the region.

Who Likes Tariffs? Some U.S. Industries Are Eager for Them.
Concern about the cost of materials has tempered business enthusiasm about taxing imports. But steel and aluminum makers say they welcome the help.

Trump’s New Tariffs Could Strain Collection of Customs Fees
Importers will have to make changes to pay new tariffs on goods from Canada, Mexico and China, and government agencies will need more resources to...

BlackRock Will Buy Panama Canal Ports from CK Hutchison
An investor group led by BlackRock will acquire two ports near the Panama Canal that are owned by CK Hutchison and have been the subject...

Dockworkers Vote to Accept New Labor Contract
Workers at East and Gulf Coast ports who went on strike briefly in October ratified a deal that includes a 62 percent raise over six...

California’s Push for Electric Trucks Sputters Under Trump
The state will no longer require some truckers to shift away from diesel semis but hopes that subsidies can keep dreams of pollution-free big rigs...