Fed holds main rate steady, highlighting signs of job market stability
Federal Reserve Chair Jerome Powell said Wednesday he expects the inflationary effects of tariffs to recede midway through 2026.
Federal Reserve Chair Jerome Powell said Wednesday he expects the inflationary effects of tariffs to recede midway through 2026.
The carrier aims to fill the void in capacity with new Boeing 767s, CEO Carol Tomé said.
Stabilizing market dynamics for shippers could be curtailed by overcapacity and network complexity risks, logistics experts said.
Stonepeak will pay $2.4 billion to take a 25% stake in the United Ports JV while the French carrier will hold 75% and maintain operational control of the terminals involved.
The parcel giant saw its forwarding and third-party logistics business drop in the fourth quarter due to higher tariffs, and says the weakness will carry over into the first quarter of 2026.
Railroads are restricting train speeds and building shorter trains to reduce the potential for breakdowns and derailments in the bitter cold.
The latest in a series of extreme winter storms is blowing through the region, this one in southwestern Europe that is suspending terminal operations and halting ferry traffic.
The latest orders increase Evergreen’s capacity backlog to 926,000 TEUs, boosting the carrier’s total capacity on the water and on order to almost 2.85 million TEUs and making it the world’s fifth-largest container line.
Nvidia supported Trump’s plan to implement 25% duties on certain AI chips, while others remain quiet.
The logistics giant’s eCommerce and Global Forwarding divisions joined dozens of providers now able to collect and remit charges for postal imports.