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Three Chinese Tankers U-Turn in Hormuz as Risks Remain High
The risks to shipping are set to continue after Trump insisted that there were no ongoing talks with Tehran, leaving the simmering conflict in the Middle East in limbo.
Photo: Bloomberg
Target May Use Some of $994M Tariff Refund to Cut Prices
The amount the U.S. Customs and Border Patrol has refunded to companies reportedly reached $100 billion earlier in August.
Cupertino, Calif. Photo: iStock/Sundry Photography
Amazon Plans Six-Fold Increase in Drone Delivery Service by End of 2026
The e-commerce giant said this rapid expansion will bring ultrafast drone delivery within reach of tens of millions of customers across the country.
Image: iStock.com/lemono
Trump Delays Canada Tariffs at 11th Hour, Saying Deal Close
Trump has routinely backed off some of his biggest tariff threats when negotiations yield what are often modest concessions.
U.S. President Donald Trump and Canadian Prime Minister Mark Carney at the White House on Oct. 7, 2025. Photo: Bloomberg
Five Grain Ships Struck Near Russian Black Sea Ports
Russia and Ukraine have stepped up attacks on each other’s commercial ships and ports in the Black Sea area, raising concerns about global grain supplies.
Novorossiysk, Russia. Photo: iStock/saiko3p
Report: Robot Orders in North America Surge in First Half of 2026
North American companies ordered $1.2 billion worth of robots in the first half of 2026, representing a 6.6% increase year-over-year.
Photo: iStock/SweetBunFactory
Port of Los Angeles Tops 960K TEUs in July
Moving forward, Seroka predicted that it will likely be "steady as it goes" for the rest of 2026, with the port expecting to handle another 900,000 TEUs in August.
Los Angeles, California. Photo: iStock / KKStock
Port NOLA Cleared to Build New Deepwater Container Terminal
The terminal will allow the port to handle massive container ships with 50-foot drafts, which in the past have been too large to navigate to the port's existing facilities.
Workers wanted. A conceptual rendering of the Louisiana International Terminal. Image: Port of New Orleans
Oil Supertanker Earnings on Mideast Route Near $510K a Day
The earnings increase come as exporters in the Persian Gulf seek more vessels to deliver the abundant crude barrels they promised to Asian buyers.
A VLCC at sea. Photo: iStock/Teamjackson
Chinese Shipper Launches First Cargo Service Through Arctic
The 3,500 mile path cuts through the Arctic Circle, and more than halves the time it takes to sail between China and Europe.
Photo: iStock.com/lyash01
Coalition Moves to Counter Resurgence of Piracy
Although the coalition's efforts were largely successful in suppressing piracy over the last decade, renewed global instability has allowed the threat to reemerge.
Photo: iStock / Vidas Pocius
Houthis Attack Another Saudi Ship in Red Sea
A spokesperson for the Houthis said on social media on August 17 that the group had struck a Saudi military vessel and four escort ships at Yemen's Port of Mokha.
A Navy ship patrols the Red Sea. Photo: iStock/gorsh13
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