Government

The Nebraska Supreme Court has affirmed a decision to build the Keystone XL Pipeline through the state in what could prove a boon for trucking and a loss for rail if the project eventually gets off the ground. Several groups, including landowners, Indian tribes and the Sierra Club, had opposed a...

Aaron Levie, the CEO of Box Inc (NYSE: BOX), was not so pleased with President Donald Trump’s tweet that said U.S. companies should "start looking for an alternative to China." On Friday morning, China made an announcement that it will impose an additional 5% to 10% tariffs to $75...

When John Fredriksen — the world's most famous living shipping magnate — makes a big move, a common response is to ask: What does he know that we don't? Fredriksen just made a big move, actually, two related ones. What they amount to is a very large bet that the IMO 2020 rule, which will cap...

CMA CGM said its container ships will not traverse Arctic waters as part of a pledge to protect the region's environment. The promise from the fourth-largest boxship company in the world comes as the region undergoes major climatic change, resulting in thinner ice and making for easier sea...

China will impose additional tariffs on U.S. imports worth about $75 billion in response to a forthcoming fourth tranche of U.S. tariffs across about $262 billion worth of goods from China in annual import value, China's State Council announced Aug. 23. Additional tariffs of 5% or 10% will be...

For those not keeping track, Nigerian stocks are getting punished this year. The Global X MSCI Nigeria ETF (NYSE: NGE), the lone exchange traded fund dedicated to stocks in Africa's second-largest economy, is lower by 20.46% year to date. By comparison, the MSCI Frontier Markets 100 Index, in...

U.S. Customs and Border Protection officers at the Los Angeles and Long Beach seaport complex halted the illegal import of Chinese-made firearm parts valued at $378,225. CBP announced that it intercepted and seized an illicit shipment containing about 5,600 firearm parts from China at the Los...

It wasn’t so long ago that publicly traded companies shied away from investing in the nascent marijuana industry, even as California and Colorado began the legalization trend. Times have quickly changed. While cannabis remains illegal on the federal level, 10 states have fully legalized...

U.S. President Donald Trump has never been shy of sharing his feelings about Federal Reserve Chairman Jerome Powell. Just a couple of hours after China threatened to again retaliate to new U.S. tariffs with its own set of tariffs on $75 billion worth of U.S. imports, Trump once again slammed Powell...

A highly anticipated speech from Fed Chairman Jerome Powell is scheduled for a little later this morning. Given how jittery the market has been with the Treasury yield inversions and recession fears, ultra-low longer-term U.S. government debt yields, and continued worry about the trade war, today...

U.S. stocks turned lower on Friday after China threatened to once again retaliate to new U.S. tariffs with its own set of tariffs on U.S. imports. Both the U.S. and China are now poised to implement new trade war tariffs starting on Sept. 1. What Happened On Friday, China said it will...

U.S. trucking and third-party logistics companies are pushing Senate lawmakers to ignore a proposal by their colleagues in the House chamber to make crash safety scores public. The American Trucking Associations, the Owner-Operator Independent Drivers Association and the Transportation...

Good day, In the U.K. there has been palpable fear going around in the logistics circles at the thought of a no-deal Brexit, a possibility that seems to be inching closer with every passing day. In that context, a British retail expert pointed out the odds of an "explosion" in goods sold in the...

Making good on its promise to crack down on suppliers of deadly opioids, the Trump administration on Aug. 21 took steps to designate three Chinese drug manufacturing businessmen and their companies as violators of the Foreign Narcotics Kingpin Designation Act. The Treasury Department's Office of...

C3 Industries has entered the Michigan cannabis market with the opening of its first “High Profile” dispensary in Detroit. The cannabis retailer plans to open 15 to 20 dispensaries in Michigan over the next 24 months. The next two locations are on track to open in Ann Arbor and Grant...