While not ideal, the agreement reached at the IMO’s Maritime Environment Protection Committee at least puts a price on global emissions that will help narrow the yawning cost gap between fossil fuels and greener alternatives.
Some – but not all – LTL trucking companies are handling more imports as US tariffs take effect, but the market is otherwise weak, carriers and analysts say.
Carriers in the specialized cargo sector are designing contracts that would shift the cost of the US’ possible tax on Chinese tonnage to heavy-lift and project cargo shippers.
