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Today: January 22, 2025
Today: January 22, 2025
Lisa Baertlein

Lisa Baertlein

Staff Writer

Latest From Lisa Baertlein

Business|Finance|Stock Markets|US

FedEx stock leaps on upbeat profit target, possible freight unit sale

FedEx shares jumped as much as 15% on Wednesday after the delivery giant reassured investors with a bullish annual profit forecast and

FedEx stock leaps on upbeat profit target, possible freight unit sale
News|US

Biden tailpipe emission rules on shakier ground after Supreme Court ruling

A U.S.

Biden tailpipe emission rules on shakier ground after Supreme Court ruling
Crime|MidEast|News|World

Houthis believed to have sunk second ship, the Tutor, in the Red Sea, UKMTO says

Yemen's Houthi militants are believed to have sunk a second ship, the Tutor, in the Red Sea, the United Kingdom Maritime

Houthis believed to have sunk second ship, the Tutor, in the Red Sea, UKMTO says
Business|Economy|Technology|World

War, weather put ocean shippers on notice for rough seas in 2024

Recent hostilities in the Red Sea have thrown global shippers of vital goods for a loop - but it is hardly the only issue that big carriers are facing as 2024

War, weather put ocean shippers on notice for rough seas in 2024
Business|Economy|Finance|US

US 'buy now, pay later' splurges raise holiday debt hangover risk

Roxanne Ross of Florida is one of a growing number of Americans dodging higher interest rates on credit cards by instead turning

US 'buy now, pay later' splurges raise holiday debt hangover risk
Business|Finance|Technology|US

More US retailers adopt 'keep it' returns policies to shelter profits in holiday surge

As holiday shoppers return items purchased during Black Friday and Cyber Monday online shopping sprees, more U.S. retailers

More US retailers adopt 'keep it' returns policies to shelter profits in holiday surge
News|Technology|US

Foes of California's electric car targets take their case to US Supreme Court

Opponents of California's ambitious targets for electric car adoption to lower greenhouse gas emissions took their case to the U.S.

Foes of California's electric car targets take their case to US Supreme Court
US

Ohio joins California climate plan opponents in US Supreme Court plea

The state of Ohio on Tuesday joined oil companies and business groups asking the U.S.

Ohio joins California climate plan opponents in US Supreme Court plea
Business|Economy|Finance|US

US importers balk at return of $10,000 container shipping rate

The cost to ship a standard 40-foot container of toys, auto parts or other goods from Shanghai to New York has jumped to nearly $10,000, fueling frustration

US importers balk at return of $10,000 container shipping rate
MidEast|News|World

Houthis damage cargo ship in Gulf of Aden as it steps up attacks

Yemen's Houthi rebels hit and damaged a Singapore-flagged container ship with two missiles on Friday as they escalate attacks on global

Houthis damage cargo ship in Gulf of Aden as it steps up attacks
Business|Lifestyle|US

Retailers' early US back-to-school sales hasten peak ocean shipping season

Retailers Walmart, Target and Shein kicked off back-to-school sales early to stop Amazon.com's Prime Day event from siphoning U.S. sales of backpacks and

Retailers' early US back-to-school sales hasten peak ocean shipping season
Business|Economy|Finance|Stock Markets

Cheap deliveries swamp UPS earnings, sending shares reeling

United Parcel Service lowered its 2024 operating margin target on Tuesday, after new e-commerce customers - identified by industry

Cheap deliveries swamp UPS earnings, sending shares reeling
Business|US

UPS plan to sweeten holiday profits could turn off shippers

UPS, the world's biggest package delivery courier, is the first major industry player to announce this year's holiday surcharges, unveiling hefty hikes that

UPS plan to sweeten holiday profits could turn off shippers
Business|Economy|US

US retailers rush holiday imports, fearing strikes and disruptions

Retailers are fueling a summer rush of imports to the United States this year as companies guard against a potential strike by port workers

Economy|US

Early US imports lessen risk from potential seaport strike, economist says

U.S. retailers' early back-to-school, Halloween and Christmas holiday imports could lessen cargo delays and financial damage should workers at vital seaports

Early US imports lessen risk from potential seaport strike, economist says
Business|Economy|US

Possible US seaport strike could back up goods for months, shipping experts say

A potential strike at U.S. seaports on the East Coast and Gulf of Mexico could back up cargo

Possible US seaport strike could back up goods for months, shipping experts say
Business|Environment|Science|Technology

Maersk says ocean shipping's zero-emissions push needs government support

The Alette Maersk was the first container vessel powered by low-carbon methanol fuel to cross the Pacific Ocean - a milestone in the shipping industry's

Maersk says ocean shipping's zero-emissions push needs government support
News|World

As salvage starts, no oil spilling from tanker set ablaze by Houthis in Red Sea

As salvage operations began on an abandoned Greek-flagged oil tanker with deck fires still burning from Houthi rebel attacks, the

As salvage starts, no oil spilling from tanker set ablaze by Houthis in Red Sea
Business|News|US

US East Coast ports union meets over wage demand, preps for possible strike

The International Longshoremen's Association union, representing 45,000 workers at major container ports from Texas to Maine, began two days of meetings

US East Coast ports union meets over wage demand, preps for possible strike
Business|Economy|Finance|US

Surge of imports to US continues as possible East Coast port strike looms

Imports of U.S. container cargo in August jumped 12.9% from a year ago as a summer volume surge delayed cargo at major ports and anxiety builds over a

Surge of imports to US continues as possible East Coast port strike looms
Business|Economy|Election|Finance|News|US

Trump's plan to hike tariffs would spike shipping costs, just like in 2018, experts say

U.S. presidential contender Donald Trump's plan to hike tariffs on imports if he is elected back to the White House in November would send cargo rates soaring

Trump's plan to hike tariffs would spike shipping costs, just like in 2018, experts say
News|US

Biden won't block potential strike at East Coast ports, administration official says

U.S.

Biden won't block potential strike at East Coast ports, administration official says
Business|Economy|News|US

Port strike on US East Coast would spark supply-chain glitches from outset, shipping firm exec says

A threatened Oct. 1 strike by dockworkers at ports on the U.S.

Port strike on US East Coast would spark supply-chain glitches from outset, shipping firm exec says
Business|Economy|Finance|US

FedEx quarterly profit disappoints as demand for speedy delivery wanes

FedEx reported a steep quarterly profit drop and lowered its full-year revenue forecast on Thursday after its customers continued to trade down from

FedEx quarterly profit disappoints as demand for speedy delivery wanes
News|US

US Labor department reaches out to employer group amid possible port strike

The U.S.

US Labor department reaches out to employer group amid possible port strike

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