The deal will eliminate tariffs on more than 90% of goods traded between the EU and India, including chemicals, cosmetics, plastics, auto parts, textiles and machinery.
The courier has been closing and consolidating dozens of sorting facilities, offering buyouts to union drivers and cutting back on seasonal workers to trim expenses.
The freeze has taken about 22% of natural gas production offline in the southern central U.S. corridor, suggesting crude production is likely down 1 million barrels a day.
Houthi rebels released footage on January 26, depicting a previous attack from a year prior in the Gulf of Aden against a Marshall Islands-flagged tanker.
The French navy said the tanker, which came from Murmansk on Russia’s Arctic coast, was boarded in the Alboran Sea, south of Spain, and taken to a mooring.
In a year where shippers and carriers alike are preparing for more trade turmoil, Seroka stressed that the Port of Los Angeles "must be ready for whatever is coming."
With the two sides appearing to remain far apart, the saga has brought on renewed concerns over the ongoing geopolitical uncertainty that has become a hallmark of Trump's second term in office.