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Top Stories: Page 77

Japan, U.S. Reach $36B of Gas, Mineral Deals in Trump Pact

Japan's trade minister said last year that only 1-2% of the $550 billion mechanism would consist of cash investments, with the majority coming from loans and loan guarantees.

Sanae Takaichi, Prime Minister of Japan. Photo: Bloomberg

NY-NJ Gateway Tunnel Work to Resume Next Week With Federal Funds

A federal judge last week directed the Trump administration to send the funds to Gateway.

A construction site for the Gateway Program Hudson Tunnel Project in New York on Feb. 17. Photographer: Michael Nagle/Bloomberg

Report: U.K. Gender Pay Gap Won't Close Until 2056 at Current Pace

The pay gap between men and women in the U.K. sits at £2,548 ($3,455), meaning that essentially, the average woman works for 47 days of the year for free.

Photo: iStock / GaudiLab

Trump Admin Unveils Plan to Revive U.S. Shipbuilding

The administration says it will look to focus on special loans and tax breaks for American shipbuilders, as well as workplace development initiatives for U.S. mariners.

Photo: iStock / Lim Weixiang - Zeitgeist Photos

Iran Temporarily Closes Strait of Hormuz

The closure comes as the U.S. and Iran hold the second round of negotiations in Geneva, Switzerland, to discuss Iran's nuclear program.

Photo: iStock / PeterHermesFurian

France Fines Russia-Linked Oil Tanker in Shadow Fleet Crackdown

More than 600 tankers have been sanctioned by a combination of the European Union, the U.K. and U.S. for their links to Russia.

The shadow fleet tanker Turbo Voyager transits through Denmark’s Great Belt carrying Russian oil to India. Russia shipped 3.28 million barrels a day of crude to overseas markets in the four weeks to Nov. 17. Photographer: Carsten Snejbjerg/Bloomberg

Hapag-Lloyd to Buy Competitor Zim in $4.2B Deal

There’s been increased consolidation pressure in the industry due to a slump in freight rates during the pandemic, when carriers ordered a record number of ships to meet demand.

ZIM Integrated Shipping Services freight containers. Photographer: Aaron McKenzie Fraser/Bloomberg

China to Grant Zero‑Tariff Access to 53 African Nations From May

China will also push ahead with common development economic partnership agreements, and further expand market access for African products entering China.

Image: iStock/Anastasiia_Guseva

U.S. Forces Board Second Sanctioned Oil Tanker in Indian Ocean

The U.S. imposed in December what the Trump administration has described as an energy quarantine, deploying its Naval fleet to cut off Venezuela’s oil exports.

Veronica Iii Bloomberg

NOAA to Change Rules on Vessel Speeds

Currently, large ships are required to slow down at certain times to avoid collisions, which is a leading cause of death for the giant North Atlantic right whales.

Photo: iStock/Phillip Thurston

ICE Plans to Convert Warehouses into Detention Centers

USCIS says the new model for increasing detention space is needed due to a surge in ICE hires and an anticipated rise in arrests.

Photo: iStock/Douglas Rissing

ATA Backs EPA Emissions Reversal

Trump called the decision “the single largest deregulatory action in American history, by far,” and labeled the endangerment finding “one of the greatest scams in history."

Photo: iStock.com/Tramino

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Photo: iStock/Anastasiia Yanishevska

How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

Recycled Tagging Fasteners: Small Changes Make a Big Impact

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Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

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