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The automaker aims to mitigate U.S. tariffs and recent connected vehicle import regulations with the move, while also planning to increase domestic production.

The Court of International Trade said President Donald Trump has the authority to rescind the tariff exemption for sub-$800 imports.

Cargo theft appears to be falling as truckload capacity shrinks, analyses show, though losses are mounting and criminals are shifting and sharpening their focus.

Despite an attack on a cargo ship this week that killed six, Vincent Clerc says the carrier’s own analysis, together with input from military and intelligence officials, indicates Maersk is not a target of Houthi militants.

The latest initiative is being called an “addendum” to an emissions reduction agreement the Southern California ports and regulators inked late last year.

The carrier’s CEO expects solid demand out of Asia to continue through much of the year, putting a floor under rates while congestion at key ports and geopolitical disruption absorb excess capacity.

The increasing restrictions are preventing some carriers from maximizing their stowage, but haven’t yet deteriorated to the disruption-creating levels seen three years ago.

Pricing is shifting in shippers’ favor, with the global air cargo spot rate down 6% month over month, Xeneta reported.

The liner was commenting after unveiling mixed financial results, with declines in both second-quarter and half-year net profit despite an increase in revenues.

Sila Technologies, Sunrise Energy Metals and Niron Magnetics are the latest entities that inked conditional loan commitments with DOD’s Office of Strategic Capital.