The U.S. trucking industry is still grappling with a significant shortage of qualified drivers, with current estimates placing the gap between 60,000 and 80,000. Carriers report that recruiting and retaining drivers remains their top challenge, brought about by an aging workforce, demanding schedules, and stricter licensing and training requirements. High turnover rates continue to strain […]
The Houthis signaled a suspension of their attacks on commercial ships in the Red Sea and Israel-linked vessels. This was stated in a letter sent to the armed wing of Hamas (and published online) that praised the ceasefire in Gaza, but warned that attacks would resume if hostilities reignited. While the group has not formally […]
The Port of Long Beach is projected to approach or exceed last year’s record 9.6 million TEUs amid rising tariff uncertainty, with 8.2 million TEUs handled through October — a 4.1% increase year-on-year. The port credits this surge to “front-loading” by shippers, which has been response to tariff changes, creating artificial peaks in cargo volume. […]
The U.S. Supreme Court is evaluating whether President Donald Trump’s wide-ranging tariffs —implemented under the International Emergency Economic Powers Act (IEEPA) — are lawful. The central question is whether a law designed primarily for sanctions and emergency financial restrictions can be used to levy tariffs, a power traditionally reserved for Congress. During November’s oral arguments, […]