Global Freight

After the Supreme Court struck down President Trump’s global tariffs, transportation firms face uncertainty over whether and how billions in collected duties will be refunded.

The majority of five conservative justices said the federal law that generally shields USPS from lawsuits over missing, lost and undelivered mail includes “the intentional nondelivery of mail.”

The Trump administration is likely to face legal obstacles if it argues against refunds for the tariffs struck down by the Supreme Court — thanks to statements by Justice Department lawyers.

The Supreme Court’s decision on President Donald Trump’s sweeping tariffs may drive up cargo volume, Port of Los Angeles Executive Director Eugene Seroka said.

Panamanian President José Raúl Mulino ordered the temporary occupation of two ports run by a unit of CK Hutchison Holdings after a Panama court ruled against the firm’s concession.

FedEx CEO Raj Subramaniam believes technological advancements around digital intelligence have set the current moment apart, with their ability to act as a value multiplier.

Walmart, which had been the largest company by revenue for more than a decade, reported sales of $713.2 billion for the 12 months ending Jan. 31. Amazon earlier reported 2025 sales of $717 billion.

TFI International saw earnings and revenue decline as 2025 drew to a close, but CEO Alain Bédard noted LTL segment operating ratio improvement and strong cash flow for the carrier.

Sinokor’s aggressive buying has spooked the market, traders say, in turn dramatically driving up the cost of freight as nervous charterers rush to book space in case prices rise further in the future due to the concentrated ownership.

Hapag-Lloyd is buying Israel’s Zim Integrated Shipping Services as the German shipping company aims to grow in size and bolster its presence in Asia.