American Journal of Transportation

The earthquake that struck off the coast of Mindanao, the Philippines, on June 8 caused severe damage in a number of regions. Kawasaki Kisen Kaisha, Ltd. (“K” LINE) has decided to donate USD 20,000 through The Rayomar Outreach Foundation, Inc. (ROFI), a charitable organization established by the Rayomar Group, their business partner in the Philippines, to support relief and recovery efforts in the affected areas.

JB Hunt has reported the second quarter 2026 GAAP earnings. The net earnings were $181.0 million, with diluted per share earnings of $1.91. This is an increase from the net earnings of second quarter 2025, which were $128.6 million, and a diluted share of $1.31. That wasn’t the only increase. Total operating revenue also had an increase of 19%, going up to $3.50 billion from $2.93 billion in second quarter 2025.

The United Kingdom has expanded the UK Emissions Trading Scheme (UK ETS) to the maritime sector from 1 July 2026. The initial maritime phase is expected to apply to domestic maritime activity, including voyages between UK ports and emissions generated while vessels are in UK ports, such as at berth or anchorage.

The World Shipping Council, representing the global container shipping and vehicle carrier industry, welcomes the European Commission’s practical EU ETS revisions to accelerate alternative maritime fuels and channel revenues back into shipping’s decarbonisation. The proposed fuel mechanism announced today for the maritime sector follows the policy logic already used in aviation.

The Port of Oakland handled 181,356 TEUs (twenty-foot containers) in June, a 7.7% increase over June 2025, driven by solid growth in both imports and exports, with loaded container cargo rising 10.3% year over year. The June performance marks another month of strength in loaded cargo, underscoring continued demand through Northern California's international trade gateway.

U.S. factory production was unchanged in June, but grew at a robust pace in the second quarter, driven by an artificial intelligence build-up and businesses accumulating inventory in anticipation of shortages and higher prices due to the war in the Middle East. The flat reading in manufacturing output last month reported by the Federal Reserve on Friday followed an upwardly revised 0.1% gain in May.

The United States is set to restore Hong Kong's special trading status, revoked in a 2020 order by U.S. President Donald Trump in response to Beijing's imposition of a national security law in the financial hub, China said on Friday. The year-long executive order, implemented on July 14, 2020 during Trump's first term, has been extended each year. China's commerce ministry said Washington had confirmed it would not extend it after the renewal date passed this week.

The past week has seen an escalation in the US-Iran war as the two sides battle for control of a critical waterway for global trade – the Strait of Hormuz. The US has just completed its sixth consecutive night of attacks against targets in the Islamic Republic. US Central Command (Centcom) said the strikes were intended to “further degrade Iranian military capabilities”, while adding that its forces had boarded a vessel as part of its blockade of Iranian ports.

The United States-Mexico-Canada Agreement (USMCA) is a free trade agreement that governs $1.9 trillion in annual trade between the participating countries. It breaks down trade barriers, provides preferential duty treatment, and protects intellectual property, among other provisions. Despite the benefits it provides for the three participating countries, the U.S. chose not to extend the agreement during the first formal review.

Cargo theft used to look like a parking lot problem, an opportunistic break-in at a truck stop or a trailer cut open overnight at a rest area, the kind of loss that showed up in the claims column and got handed to the insurance team, and while that version of the threat still exists, it is no longer the one keeping security professionals and supply chain executives up at night, because the organized criminal enterprises targeting high-value freight in 2025 and 2026 are operating with a...