Shippers
Coverage of Shippers in the Nexus archive.
- A surprise credit after an overseas purchase: The tariff refunds now flowing through shippers
Tariff refunds are reportedly flowing through shippers, resulting in potential surprise credits for consumers. Anyone who purchased items from an overseas vendor last year should check their bank account for these funds.
- As US-Iran war rages, who's risking the Strait of Hormuz?
Iran is attacking vessels as leverage in its war with the United States, but data indicate that several shippers continue to transit the Strait of Hormuz. The situation highlights ongoing risks in the region despite military tensions.
- Vance says the U.S. expects the Strait of Hormuz to reopen toll-free for good
Vice President Vance stated the U.S. expects the Strait of Hormuz to reopen toll-free, with details to be resolved through technical negotiations. Shippers have raised concerns about the lack of clarity regarding timing and safe routes.
- Airline profits set to halve this year as fuel costs jump by $100 billion: IATA
Airline profits are expected to halve this year due to a $100 billion increase in fuel costs, according to IATA. IATA's Willie Walsh highlighted uncertainty about how long travelers and shippers will tolerate higher costs.