Because bananas are a low-profit margin food and cannot be grown in the U.S., the proposed fees would quickly — and noticeably — increase grocery store prices.

The Elizabeth terminal handles more than 25% of the yearly container throughput in the port complex, and is the company's largest terminal on the East Coast.

Western states have repeatedly complained about the risk posed to the environment by the fleet of ships Moscow uses to carry its supplies.

Bimco said that port fees are generally passed on in the supply chain, meaning that U.S. consumers would ultimately face higher prices.

The deal has been seen by many as a step-down in the face of a claim by President Trump that the Panama Canal was “operated by China.” 

If the de minimis rule gets squashed, another possibility is that carriers like DHL could see an increase in bulk imports and more fulfillment of goods in the U.S.

Highlighting this milestone makes the Port Authority an outlier in an era where leaders are increasingly wary about publicly discussing diversity.

On March 15, President Donald Trump said he ordered “decisive and powerful” action against the Iran-backed Houthis. 

The deal is "a spineless, groveling, profit-seeking move that sells one’s integrity for personal gains,” said the opinion piece," said an opinion piece in a Beijing-backed newspaper.

Rising protectionism, uncertain consumer demand trends and softer freight rates may spell challenges for the container shipping sector.