The Greek-owned Eternity C was the second ship Houthis had sunk in the Red Sea over a three-day period. 

The increase was fueled by demand from American businesses that have been rushing to import products before President Donald Trump’s latest round of tariff hikes kick in.

Ships transiting the Danube River in Hungary have only been able to operate at 30-40% capacity, prompting operators to hit cargo owners with surcharges as high as 100%. 

The Houthis began attacking commercial vessels in the Red Sea after Israel launched a campaign against Hamas in the Gaza Strip, disrupting global shipping routes.

A port operating at 90% of capacity generates a lot of inefficiencies, with increased dwell times that can quickly create delays further down the supply chain. 

Robert Peek, chief commercial officer of the Jacksonville Port Authority, discusses how the new container carrier alignments will impact service quality and port activity on the U.S. East Coast.

The USTR’s newly proposed rule is more targeted in its application and timeline than earlier proposals. The possibility for cost impacts on the U.S. trades is nonetheless real.

Freight between the U.S. and Canada was down 13.6% from April 2024, while freight between the U.S. and Mexico declined by 3.8% year on year.

The Hong Kong Convention addresses key environmental, occupational health, and safety risks involved in the recycling of ships.

The USTR also has yet to provide details who would be collecting the fees, or how the money would be directed back into U.S. shipbuilding, said World Shipping Council CEO Joe Kramek.