Houthi attacks in the Red Sea date back to November 2023, when rebels attacked the British-owned Galaxy Leader cargo ship and seized its crew. 

Trump signed more than 200 executive orders within hours of being sworn in, including one that requires federal agencies to conduct a review of U.S. trade policies.

So far, diesel emissions at the port are down 92%, nitrogen oxides by 71%, sulfur oxides by 98% and greenhouse gases by 17% since 2005.

Duffy said he would work with Congress and the Federal Aviation Administration to ensure robust oversight of Boeing and other aerospace manufacturers.

Duffy’s new job would heavily overlap with Elon Musk’s empire, requiring him to navigate the priorities of an outspoken billionaire who runs companies that fall under the agency’s jurisdiction.

Egypt currently has 22 dry ports and logistic zones, and has a goal to eventually increase that total to 32.

While the boats have been out of service for about three weeks, port personnel are slowly bringing tankers into harbor, causing a bottleneck.

The NRF praised the two sides for providing certainty for supply chains, and for helping pave the way for modernization at U.S. ports. 

The two sides agreed to continue to operate under the current contract until the union can meet with its full Wage Scale Committee, and schedule a ratification vote.

Sources told CNBC that the discussions largely centered around hammering out language surrounding automation at U.S. ports.