A judge on the U.S. Court of International Trade, has indicated concern that the government has not fully complied with a directive to return all of the money amassed under IEEPA duties.
Airlines have reported a marked improvement in the quality of newly-delivered planes since Boeing made sweeping changes to its safety procedures and supplier practices.
While the immediate impacts of the ruling have yet to fully take shape, what's clear is that moving forward, freight brokers will have to take on substantially more liability.
Daniel Pickard, attorney with Buchanan Ingersoll & Rooney, discusses the subtler and long-last impacts that the closure of the Strait of Hormuz will have on global supply chains.