American Journal of Transportation | North America's Premier Transportation News Resource

CBP officers seize counterfeit Tiffany & Co. jewelry

AJOT | January 08, 2025 | International Trade | Ports & Terminals | Canal and Waterway

U.S. Customs and Border Protection (CBP) officers at the Champlain Port of Entry, Cargo Facility, seized multiple shipments of jewelry for trademark infringement.

Californian utility SoCal Edison shuts power to over 114,000 customers due to wildfire risk

Reuters | January 08, 2025 | Energy

Alaska wildlife refuge drilling auction yields no bids, US says

Reuters | January 08, 2025 | Energy

How Washington’s tag on China’s CATL could affect Tesla

Reuters | January 08, 2025 | International Trade | Commodity

Washington's addition of CATL to a list of firms it says work with China's military could put Tesla founder Elon Musk in a tight spot, challenging how he balances his role in the Trump administration with his ties to China.

Trump won’t rule out force to take Panama Canal, Greenland

U.S. President-elect Donald Trump refused on Tuesday to rule out using military or economic action to pursue acquisition of the Panama Canal and Greenland, part of a broader expansionist agenda he has promoted since winning the Nov. 5 election.

Oil trims gains on dollar strength, tight supplies provide support

Reuters | January 08, 2025 | Energy

Oil prices trimmed earlier gains on Wednesday as the dollar strengthened but continued to find support from a tightening of supplies from Russia and other OPEC members and a drop in U.S. crude stocks.

Exxon slips after flagging weak fourth-quarter earnings on refining squeeze

Reuters | January 08, 2025 | Energy

Exxon Mobil shares fell nearly 2% in early trading on Wednesday after the top U.S. oil producer warned of a decline in refining profits in the fourth quarter and weak returns across its operations.

Yellen says CFIUS made “thorough analysis” of blocked US Steel-Nippon Steel merger

Reuters | January 08, 2025 | International Trade | Commodity

U.S. Treasury Secretary Janet Yellen said on Wednesday that Nippon Steel's blocked acquisition of U.S. Steel received a "thorough analysis" by an interagency national security review body that was sent to President Joe Biden.

US oil imports from Canada hit record ahead of tariffs threat, EIA data shows

Reuters | January 08, 2025 | Energy

U.S. crude oil imports from Canada rose last week to the highest on record, data from the U.S. Energy Information Administration (EIA) showed on Wednesday, ahead of incoming U.S. president Donald Trump's plans to levy a 25% tariff on Canadian imports.