The latest FAA action comes just a few years after the airline industry and wireless carriers clashed over the expansion of new 5G services.

The 14-point memorandum of understanding signed by the U.S. and Iran on June 17 includes the removal of all U.S. sanctions on Iran on “an agreed upon schedule.”

Data showed large declines in exports of both the volatile consumer goods category and capital goods, which in April had advanced to a record high.

The U.S. is leaning on Oman, which also borders the strait, not to create a joint tolling system with Iran.

Shippers should not expect more ocean carrier capacity to translate into falling freight rates.

Risk and compliance teams are no longer only asking whether a vessel transited Hormuz; they are asking whether that transit can be documented, explained and defended

Two key exit routes through Hormuz have emerged over the past several weeks because the normal one through the middle is thought to have been mined.

The proposal, backed by Oman, was potentially the first phase of a wider Omani proposal to consult on setting up a new management system for the strait.

The semiconductor manufacturer says the technology demonstrates how continued gains in performance and efficiency remain possible even as chip features approach atomic dimensions

With new funding for technology and enforcement on its way to CBP, trade lawyers and customs brokers across the country are urging clients to be more diligent.