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Survey: U.S. Ports Need $6.7B in Cargo Equipment Investments Over Next 5 Years

A new survey from the National Association of Waterfront Employers found U.S. ports will need $6.7 billion in cargo handling equipment investments through 2031, including more than 100 new ship-to-shore cranes, as operators look to modernize terminals and maintain supply chain competitiveness.

Survey: U.S. Ports Need $6.7B in Cargo Equipment Investments Over Next 5 Years Read More »

U.S. Government Files $286M Tariff Claim Against Bankrupt Auto Parts Supplier First Brands

The U.S. government says bankrupt supplier First Brands underpaid tariffs on imported goods for years, adding another major development to the company’s ongoing collapse and its growing fallout across the automotive aftermarket distribution channel.

U.S. Government Files $286M Tariff Claim Against Bankrupt Auto Parts Supplier First Brands Read More »

The international trade deficit was $98.2 billion in June, down $5.9 billion from $104 billion in May, according to the U.S. Census Bureau.

DOJ Indicts Major Container Manufacturers, Executives in Alleged Global Price-Fixing Scheme

The DOJ charged four major container manufacturers — which combine to produce nearly all of the world’s standard unfrigerated shipping containers — and seven of their executives with allegedly conspiring to restrict output and inflate prices during the pandemic-era supply chain crisis.

DOJ Indicts Major Container Manufacturers, Executives in Alleged Global Price-Fixing Scheme Read More »

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