President Donald Trump’s tariff on imported solar panels has led U.S. renewable energy companies to cancel or freeze investments of more than $2.5bn in large installation projects, along with thousands of jobs, the developers told Reuters.
The market for new heavy-duty trucks is growing at a nearly unprecedented pace this year as fleet owners and big-rig manufacturers race to keep up with accelerating U.S. freight demand.
Several of the world's largest container shipping companies have imposed emergency bunker surcharges upon their customers in the past two weeks, seeking to claw back revenues lost to rising fuel bills caused by the jump in crude prices in recent months.
Automation is making an impact in logistics as third-party logistics providers (3PLs) tap into technology for greater efficiency across the organization.
Logistics and freight transport companies went on a hiring spree in May, adding 18,700 jobs to keep pace with accelerating demand in the U.S. shipping markets.
An E.U.-funded research project is underway to develop technical solutions for safer navigation in close proximity of other stationary or moving vessels and objects.
