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Shipping Braces for Carbon Tax, Fueling Trump Tariff Threat

The International Maritime Organization will this week decide on sweeping new rules to make the sector start paying for the more than 1 billion tons of greenhouse gases it emits each year.

October 14, 2025

Tariffs, Capacity Keep Freight Industry on Edge

Tariffs and carrier capacity continue to be the two top issues increasing the length of transportation executives’ worry lines, according to attendees of the CSCMP Edge 2025 conference.

October 10, 2025

Trump Suggests 'Massive Increase' on China Tariffs

Trump said Oct. 10 that “there seems to be no reason” to meet with Chinese leader Xi Jinping as part of an upcoming trip to South Korea after China restricted exports of rare earths.

October 10, 2025

First Brands’ Official Creditor Committee Includes Top Foe

Raistone has demanded a court-appointed examiner investigate First Brands, claiming in court papers that as much as $2.3 billion “simply vanished” from the company.

October 10, 2025

Some China-Bound Ships Carrying Oil Canceled on Port Fees

China announced Oct. 10 that it would impose fees on U.S. ships in retaliation for similar measures due to be imposed by the Trump administration Oct. 14.

October 10, 2025

China Hits US Ships With Retaliatory Port Fees

They would take effect on Oct. 14, the same day that the United States is due to start imposing port fees on Chinese vessels.

October 10, 2025

Venture Global Suffers Defeat in BP’s LNG Arbitration

Venture Global lost a dispute with BP involving the sale of liquefied natural gas cargoes, a surprise defeat that comes eight weeks after Venture prevailed in a similar fight with Shell.

October 10, 2025

Trump Predicts China Will Resume Buying US Soybeans

President Donald Trump predicted China will resume purchases of American soybeans after he meets with Chinese President Xi Jinping later this month.

October 9, 2025

First Brands Exposure of $1.75 Billion Hits Japanese Venture

A joint venture between Norinchukin Bank and Japanese trading house Mitsui & Co. faces $1.75 billion of exposure to bankrupt auto parts supplier First Brands Group, court documents show.

October 9, 2025

Class 8 Truck Orders Slide 44% as Tariffs Strain

ACT Research preliminary data showed orders decreased 44% year over year to 20,800 units. But they increased 57.6% from the 13,200 units reported in August.

October 9, 2025