French Shipping Giant CMA CGM Hails US-China Deal
Vehicles are drive into a CMA CGM SA roll-on/roll-off cargo ship at a port in Ulsan, South Korea. (SeongJoon Cho/Bloomberg News) Rodolphe Saade, CEO of CMA CGM SA, hailed a truce in the trade war between Washington and Beijing. “For CMA CGM, it’s good news,” Saade said during a hearing ...more
Maersk Cuts Global Container Market Outlook on Tariff War
Maersk shipping containers. (Jeppe Boje Nielsen/Bloomberg) A.P. Moller-Maersk A/S, the Danish container giant, lowered its forecast for the global transport ...more
US and UK are Set to Announce Trade Deal
Britain's Prime Minister Keir Starmer (left) and U.S. President Donald Trump shake hands at a joint press conference in the ...more
Trump Agrees to Cut Tariffs on UK Autos, Steel
Britain's Prime Minister Keir Starmer (left) and U.S. President Donald Trump shake hands at a joint press conference in the ...more
GXO Logistics Reports Q1 Revenue Increase to Nearly $3 Billion
GXO signed $228 million in new business ones in Q1, according to CEO Malcolm Wilson. (GXO Logistics via Blue Yonder ...more
Trump Hints at Tariff Rollback if China Talks Succeed
Still, negotiations with China to reduce the punishing tariffs on both countries are likely to prove complicated. (Anna Moneymaker/Getty Images) ...more
Forward Air Reports Revenue Growth, Smaller Net Loss in Q1
Greeneville, Tenn.-based Forward Air posted a net loss of $61.2 million in Q1, an improvement from a loss of $88.8 ...more