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November 13th, 2025
Trump Signs Funding Bill to End Government Shutdown
President Trump signed a bill ending the 43-day government shutdown, restoring funding for federal agencies—at least temporarily. The impasse disrupted key functions like customs processing, regulatory oversight, and infrastructure planning.
California Revokes 17,000 Wrongly Issued Non-Domiciled CDLs
In a major move, California is revoking 17,000 commercial driver licenses issued to non-domiciled drivers, following pressure from the DOT over federal compliance. This adds strain to an already tight driver market, especially in a state critical to U.S. import flow.
U.S. Companies Demand More Tariffs on Goods Containing Steel
Domestic manufacturers are lobbying for higher tariffs on goods with steel components to counter foreign competition. If passed, the new measures would raise costs on a wide range of items—from construction materials to industrial equipment.
India Approves $5B for Exporters Hit by Harsh U.S. Tariffs
To offset the impact of harsh U.S. tariffs, India has rolled out a $5 billion relief package for exporters. The funding aims to stabilize trade flows and support key industries like textiles, auto parts, and electronics.
Houthi Pause on Shipping Attacks Lowers Tensions, But Risk Remains
While Houthi attacks on commercial vessels have temporarily paused, analysts warn that threats remain as the group uses shipping disruption as leverage. Some carriers are still rerouting, while others are cautiously returning to original trade lanes.
Port of Long Beach Cargo Volumes Duck Tariff Dips in 2025
Through October, the Port of Long Beach handled 8.2M TEUs—up 4.1% YoY—as shippers frontloaded inventory to beat potential tariff hikes. While strong now, volume is expected to taper off as holiday inventory is already in place.
Benchmark Diesel Price Rises to Highest Level in 16 Months
Diesel surged to $3.837/gallon due to tight inventories and rising demand, driving up transportation costs across modes. The price gap between diesel and gasoline hit 91 cents—a signal of fuel-specific supply pressure.