Although Duffy asserts that his office is unilaterally terminating the program, it's unclear if the federal government actually has that authority. 

Trade between the U.S. and Germany ticked up by 0.1% from 2023, while Germany's trade surplus with the U.S. hit a record €70 billion ($73 billion).

The project was first proposed in 2019, but had been stuck, awaiting final authorization from the USDOT's Maritime Administration.

Over his tenure, DeJoy pushed for sweeping cuts to the USPS, as part of a 10-year austerity plan to reduce costs by billions each year.

Ending de minimis requirements altogether could mean more paperwork, longer processing times, and higher costs for everyone from shippers to consumers.

Top executives from the world’s biggest shipping companies have cautioned that any return to the Red Sea is likely to be slow given the volatility of tensions in the Middle East.

Shanghai’s port processed a record 5 million containers in January, well above any previous month according to data going back to 2007.

Nikola has pursued various paths to bolster its cash, going through several rounds of layoffs. In December 2024, it filed to sell up to $100 million of stock.

While Mexico is quickly becoming an important destination for offshore manufacturing, transporting goods across the border still presents a unique set of challenges.

The lawsuit claims that the contracts allowing Hong Kong-owned CK Hutchison Holdings to operate two ports at either end of the canal violate Panama's constitution.