U.S. Customs Revenue Tops $100 Billion for First Time Amid Tariff Surge
US revenue from customs duties this fiscal year surpassed $100 billion for the first time, reflecting higher tariffs imposed by the Trump administration.
Oct 6 (Reuters) – Ingram Barge Company, one of the country’s largest barge shippers, said Thursday it was “providing formal notice of a force majeure event” as low water on the Mississippi River disrupted its operations on the major shipping waterway.
The declaration would affect the portion of Ingram’s operating network at locations downriver from Baton Rouge, Louisiana, Ingram Barge Chief Executive John Roberts said in an emailed statement.
More Reading:
(Reporting by Karl Plume in Chicago; Editing by Chizu Nomiyama)
(c) Copyright Thomson Reuters 2022.Sign up for gCaptain’s newsletter and never miss an update
Subscribe to gCaptain Daily and stay informed with the latest global maritime and offshore news
Stay informed with the latest maritime and offshore news, delivered daily straight to your inbox
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up