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 Gateway Terminals named Bryan Blalock as its next president after Georgia Ports hired the stevedore’s current leader to be its next CEO.

Rolf Habben Jansen told reporters that most of the new costs were coming from rising bunker fuel prices, with other areas like insurance, container storage and inland transportation adding millions of dollars to weekly expenses.

The announced cuts come one month after WiseTech Global said it would be laying off 30% of its workforce over the next two years, also in an AI-related move.

The two countries unveiled an action plan to build a plurilateral pact on critical minerals, setting shared rules, price floors and stockpiling goals with other willing partners.

The grocery wholesaler said the closure is related to an effort to transition service to a facility near Chicago, where it is adding automated capabilities.

The French liner is implementing changes to its Epic and Medex services due to operational complications caused by the war in the Persian Gulf.

The bloc’s legislative body on Thursday voted in favor of proposals to lower or eliminate tariffs on a range of U.S. goods while also approving key safeguard provisions.

The change, slated to start in April and impact services such as Ground Advantage, is meant to address higher transportation costs for the agency.

An estimated 30% of Asia-Europe air cargo is routed via the Middle East, so the sudden closure of airspace in the Persian Gulf has left forwarders scrambling for capacity on freighters and passenger aircraft out of Asia.

Stocks that were already in the fuel supply chain and en route to refueling hubs when the Middle East conflict started have now been delivered, and those ports are running down their inventories.