Latest Transportation and shipping News
IMF sees steady global growth, but warns that Trump tariff, tax and deportation plans cloud outlook
WASHINGTON (AP) — The International Monetary Fund expects the world economy to grow a little faster and inflation to keep falling this year. But it warned that the outlook is clouded by President-elect Donald Trump’s promises to slash U.S. taxes, impose tariffs on foreign goods, ease...
IMF sees steady global growth, but warns that Trump tariff, tax and deportation plans cloud outlook
WASHINGTON (AP) — The International Monetary Fund expects the world economy to grow a little faster and inflation to keep falling this year. But it warned that the outlook is clouded by President-elect Donald Trump’s promises to slash U.S. taxes, impose tariffs on foreign goods, ease...
Shadow fleet of tankers keeps Russia's oil money flowing despite Western sanctions
FRANKFURT, Germany (AP) — The Group of Seven democracies has sought to crimp Russia's oil export earnings that help fund the war against Ukraine. But Western governments and sanctions experts say Moscow has resorted to using a so-called shadow fleet of hundreds of aging tankers of uncertain...
China's exports in December up 10.7%, beating estimates as higher US tariffs loom
HONG KONG (AP) — China’s exports in December grew at a faster pace than expected, as factories rushed to fill orders to beat higher tariffs that U.S. President-elect Donald Trump has threatened to impose once he takes office. Exports rose 10.7% from a year earlier, according to...
The ‘Worst in Show’ CES products put your data at risk and cause waste, privacy advocates say
LAS VEGAS (AP) — So much of the technology showcased at CES includes gadgets made to improve consumers' lives — whether by leveraging AI to make devices that help people become more efficient, by creating companions to cure loneliness or by providing tools that help people with mental and...
UK lawmakers slam Shein for refusing to answer questions on its cotton supply
LONDON (AP) — A lawyer for Shein summoned to a British parliamentary hearing evaded questions Tuesday on whether the fast-fashion giant sells products containing cotton from China, angering lawmakers seeking answers on the retailer's labor practices and allegations of forced labor in its supply...
US dockworkers threaten to strike against automation, creating economic uncertainty
WASHINGTON (AP) — Vowing to stop machines from taking their jobs, 45,000 U.S. longshoremen are threatening to go on a strike that would shut down ports on the East and Gulf coasts and could damage the American economy just as President-elect Donald Trump returns to the White House. ...
Honolulu plane crash exposes Hawaii’s fragile air cargo infrastructure
The crash of a Kamaka Air plane in Honolulu Tuesday has again exposed the fragility of the state’s interisland transport infrastructure and left neighbor island residents temporarily without an essential service. Two men died when a Cessna 208B struck an unoccupied building on the...
Trump offers support for dockworkers union by saying ports shouldn't install more automated systems
WASHINGTON (AP) — President-elect Donald Trump on Thursday voiced his support for the dockworkers union before their contract expires next month at Eastern and Gulf Coast ports, saying that any further “automation” of the ports would harm workers. The incoming president posted...
New Jersey targets plastic packaging that fills landfills and pollutes
TRENTON, N.J. (AP) — New Jersey is aiming to drastically reduce the amount of packaging material — particularly plastic — that is thrown away after the package is opened. From bubble wrap to puffy air-filled plastic pockets to those foam peanuts that seem to immediately spill...
