Caterpillar bags $392M tariff refund as duty costs shrink
Excluding the refund, the heavy-equipment maker incurred $400 million in tariff expenses in the quarter that ended June 30.
Excluding the refund, the heavy-equipment maker incurred $400 million in tariff expenses in the quarter that ended June 30.
The restaurant chain is pooling slower-moving inventory to up transportation efficiency as its growth plan advances.
The agreement, which doesn’t include any purchase commitments, adds to the e-commerce giant’s efforts to boost its automation.
A recent economic report suggested that breakbulk and project cargo can create opportunities in the state that don’t require it to “chase the container scale” of Norfolk, Charleston, or Savannah.
GG Trailers’ move to exit the US market follows the International Trade Commission’s June decision to impose a 77% countervailing duty on chassis imported through Mexico.
The service covers thousands of SKUs and uses more than 2,000 U.S. stores as fulfillment hubs.
The ocean carriers said Rotterdam’s heavily automated Maasvlakte II terminal is a key hub for their Gemini Cooperation partnership.
High rates and strong demand, particularly on the trans-Pacific, are expected to continue through the second half of 2026, the Israeli carrier says, as opposition grows to its takeover by Hapag-Lloyd.
The duties will now go into effect Aug. 22, per a proclamation signed Tuesday, as the countries continue to negotiate.
The e-commerce giant will soon launch Prime Air deliveries in metro Atlanta, Chicago and Cleveland, giving customers another fast shipping option.