Japanese shipowners are typically conservative, and few Japan-linked vessels have passed through the Strait of Hormuz since Tehran effectively closed off the waterway.

he proposed tariffs would exempt some products, including beef, coffee, rare earth metals, aircraft equipment and certain fruits and vegetables, among the main goods the U.S. imports from Brazil.

Manufacturers are wary of getting caught flat-footed as they did during the COVID-era semiconductor shortage.

Beginning in August, UPS will offer one-, two- and three-day air freight options to and from Mexico, to help manufacturers move high-value, time-sensitive parts.

The temperamental little, yellow fruit with its susceptibility to heavy rain and viruses can be tough to grow at the best of times.

The walkout has expanded since 2023 through sympathy actions from other Nordic labor groups, affecting areas including vehicle servicing, port handling and logistics.

China’s biotech sector is booming, but its growth has coincided with backlash from the U.S.

Some of the ships that have crossed belong to companies that hadn’t transited Hormuz since the war began.

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.

Control over the corridor is central to tortuous negotiations between the U.S. and Iran aimed at ending the conflict.