President Trump has temporarily waived the Jones Act for energy shipping and other commodities after the war in Iran sent gas prices soaring.
Port of Memphis Executive Director Randy Richardson, who led development of the inland hub, will retire at the end of this year.
One shipping line is charging shippers for free extended storage time in the war-torn Persian Gulf, while several countries are reportedly in talks with Iran to get trapped vessels safely through the Strait of Hormuz.
The ranking member of the Senate budget committee said bipartisan progress was being made on the highway bill and other crucial transportation funding legislation.
The newly-appointed chief of the U.S. shipping regulator says the United States must completely rebuild its industrial maritime complex if it wants to reclaim leadership on the global stage.
The United Kingdom plans to send minesweeping drones to reopen the Strait of Hormuz instead of Trump’s demand for ships, fearing escalation of violence that has blocked oil shipments from the Persian Gulf.
Ocean carrier CMA CGM will re-flag 30 ships under the French flag, a year after its chief executive appeared in the Oval Office to support plans to revive the American maritime sector.
A farm trade group warned President Trump that the closure of the Strait of Hormuz could send fertilizer prices higher, potentially raising food prices for consumers.
Decades of underinvestment have left the Gulf region with few alternatives to the Strait of Hormuz, an analyst says.
Flexport’s latest release comes at a time when some of its features stand to benefit from current events.
The top U.S. container port saw near-record volume in February as continued consumer resilience outpaced middling economic indicators.
The threat of a drone attack on California by Iran that prompted a warning by the FBI was ‘not credible,’ according to a Los Angeles port executive.
The White House has launched trade investigations into 16 U.S. trading partners, potentially paving the way for new tariffs.
The Federal Maritime Commission said it is closely monitoring the impact of the Iran war on shipping rates and charges.
Maersk’s CEO said the closure of the Strait of Hormuz has effectively trapped 10 of the line’s ships in the Persian Gulf.
Thousands of merchant mariners and hundreds of cargo ships remain trapped in the Persian Gulf region as violence escalated in the Strait of Hormuz.
Despite near-daily requests from shipping, the U.S. Navy has refused to provide escorts in the Strait of Hormuz, according to a report.
A ONE container ship in U.S. service was attacked in the Persian Gulf, the first confirmed targeting of merchant shipping beyond the Strait of Hormuz.
The world’s largest container shipping line in an unusual move is diverting all cargo destined for the Arabian Gulf region to safe ports, and charging shippers $800 for move.
Dozens of U.S. states and thousands of companies are challenging the Trump administration’s tariffs in court.
