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Trade

Briefing

Business groups urge USTR to scrap China-linked ship fees

Hundreds of trade groups support a proposed extension of the suspension through Jan 9, while some lawmakers want the fees reinstated to support US shipbuilding.

Trade

Briefing

100% drug tariff now hits most importers

Drugmakers with approved US manufacturing plans can pay 20%, while some countries and products qualify for lower rates.

Freight

Briefing

Hapag-Lloyd raises its 2026 profit forecast again as freight rates hold up

The German container carrier lifted its EBITDA forecast to $3.9 billion to $4.4 billion.

Freight

Briefing

Port of LA's Vincent Thomas Bridge closes for 16 months on Nov. 1

The $753 million project replaces the bridge's entire deck and its seismic sensors.

Trade

Briefing

US & China name $60B of goods for lower tariffs, but no rates or dates

US and China approved lists of $60B of goods for lower tariffs, about $30B each way. No rates or start date are set. Chips, EVs and batteries are left off.

Fulfillment

Briefing

Maersk takes over Puma's US warehouses, opens one to brands

Maersk now runs Puma's three automated US warehouses, about 2.3M sq ft. From 2027 it will rent Torrance space to other brands, about 20M units a year.