Shipping Braces for Carbon Tax, Fueling Trump Tariff Threat: TT Government

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October 15, 2025

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Cummins Components

Shipping Braces for Carbon Tax, Fueling Trump Tariff Threat

The International Maritime Organization will this week decide on sweeping new rules to make the sector start paying for the more than 1 billion tons of greenhouse gases it emits each year. Read more…

TODAY’S PREMIUM CONTENT

M: THIS WEEK | T: SAFETY | W: GOVERNMENT | T: AUTONOMOUS | F: LOGISTICS

China Stands Firm, Calls on US to Withdraw 100% Tariff Threat

Chinese trade data released Oct. 13 showed exports to the U.S. have fallen for six straight months, dropping 27% in September from the year before. Read more…

Freight Recession Claims Another in Montgomery Transport

The Birmingham, Ala.-based firm ceased operations after a deal to sell the company to an affiliate of fellow Birmingham-based carrier PS Logistics collapsed. Read more…

Class 8 Truck Orders Slide 44% as Tariffs Strain

ACT Research preliminary data showed orders decreased 44% year over year to 20,800 units. But they increased 57.6% from the 13,200 units reported in August. Read more…

Trump Port Fees Start With Cosco Hit Hardest

Cosco Shipping, already expected to report weaker third-quarter earnings, could face an additional $1.5 billion to $2.1 billion in fees in 2026. Read more…

THIS WEEK’S CARTOON: ""

Tariffs, Capacity Keep Freight Industry on Edge

Tariffs and carrier capacity continue to be the two top issues increasing the length of transportation executives’ worry lines, according to attendees of the CSCMP Edge 2025 conference. Read more…

First Brands CEO Patrick James Resigns After Bankruptcy

The work of untangling the company’s finances is left to Charles Moore, a restructuring expert hired last month during rushed negotiations between the company and its top creditors. Read more…

Trump, Milei Discuss Trade Deal at White House

The White House meeting came just days after the U.S. announced the $20 billion currency swap — meant to help shore up Argentina’s peso and calm financial markets in the South American nation. Read more…

Some China-Bound Ships Carrying Oil Canceled on Port Fees

China announced Oct. 10 that it would impose fees on U.S. ships in retaliation for similar measures due to be imposed by the Trump administration Oct. 14. Read more…

Logistics Leaders Urge Resilience as Costs Climb

CSCMP’s 2025 State of Logistics Report found that annual expenditures associated with moving freight grew 5.4% year over year to $2.58 trillion in 2024 compared with 2023. Read more…

Carolina Renewable Products to Build $280M S.C. Plant

The project aims to provide a new renewable diesel source for Southeast fleets and shippers, tying fuel production to the region’s forestry economy and adding 155 jobs. Read more…

Trump Predicts China Will Resume Buying US Soybeans

President Donald Trump predicted China will resume purchases of American soybeans after he meets with Chinese President Xi Jinping later this month. Read more…

EDITOR’S PICK

Top 100 Private Carriers Tap Brakes on Growth

The largest private carriers in North America have navigated volatile markets and shifting freight patterns this year as tariffs and trade deals shake up international supply chains. Read more…

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Shipping Braces for Carbon Tax, Fueling Trump Tariff Threat: TT Government

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