EPCs bank on growing demand for fossil fuels, tech projects
Engineering, procurement and construction companies, key shippers of project cargo, are expecting an uptick in business in 2026.
Engineering, procurement and construction companies, key shippers of project cargo, are expecting an uptick in business in 2026.
The bottlenecks are rippling through Asia-Europe supply chains, undermining vessel schedule reliability, disrupting inventory positioning, and ultimately influencing freight rates, according to Drewry.
A strike mandate would offer extra leverage for the union if the proposed deals are rejected, but one expert said shippers shouldn’t be worried about the procedure.
Four ocean carriers told the Journal of Commerce they could not commit to contract volume allocations with customers until there was greater clarity on how long the hostilities would last.
While resuming the movement of vessels in the war zone is important, the shipping group says the president’s offer needs clarification.
While resuming the movement of vessels in the war zone is important, the shipping group says the president’s offer needs clarification.
The Treasury Secretary also said he expects tariff rates struck down by the Supreme Court to return within the next five months, following ongoing trade investigations.
Prices had already been rising for most of the year, but crude oil and shipping routes are facing immediate pressure from turmoil in the region.
Priority Mail Express services are embargoed until Friday due to the incident, which temporarily closed part of a key FedEx sortation facility.
The Trump administration’s move against non-English speaking drivers and non-domiciled commercial driver’s license holders could hit the drayage sector, but only after it trickles down from other parts of the trucking industry, experts say.