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Greenwich, CT
On Your Side
Supply Shock Spreads To US: What It Means For You
The supply shock caused by the ongoing standoff in the Strait of Hormuz is spreading to the United States, driving up energy prices, increasing shipping costs, and creating shortages in key goods and materials. The crisis, which began after the US-Israel attack on Iran started at the end of February, has brought shipping through the critical waterway to a near standstill. The Strait of Hormuz, a vital chokepoint for global energy and petrochemical shipments, typically handles 20 percent of the world’s oil supply. Its effective closure has triggered what analysts are calling one of the…
Towson, MD
Breaking News
How One Loose Wire Took Down Baltimore’s Key Bridge, Killing Six Workers, NTSB Says
A single loose wire on a 984-foot cargo ship caused the electrical blackouts that sent the vessel drifting into Baltimore’s Francis Scott Key Bridge, collapsing the span and killing six highway workers, the NTSB announced in Washington. Investigators said the loose wire in the Dali’s electrical system caused a breaker to unexpectedly open near the 2.37-mile-long bridge on March 26, 2024. The sudden loss of power triggered two blackouts and a total loss of propulsion and steering as the giant ship closed in on the crossing. According to the NTSB, the wire-label banding on one of the s…
Towson, MD
Breaking News
Fort McHenry Channel Closing To Salvage Hatch From Coal Ship Explosion In Baltimore
The Fort McHenry Federal Channel will be closed to establish a safety zone this week as they begin salvage efforts of a hatch cover that exploded in the harbor earlier this month, according to the US Coast Guard. Late in the afternoon on Monday, Aug. 18, there was an explosion aboard the 751-foot merchant vessel W-Sapphire as it was leaving Baltimore Harbor with 23 crew members and two pilots on board. At approximately 6:30 p.m., there was an explosion reported on the coal ship, which was reported in the same stretch of water where the Key Bridge collapsed. On Wednesday, the Coast Gua…
Keyport-Union Beach, NJ
Breaking News
Union Beach Man Stole $141K Worth Of Cell Phones: Monmouth County Prosecutor
A 35-year-old Union Beach man was arrested and charged with stealing more than 100 cell phones, totaling more than $141,000, authorities announced Friday, July 25. Norberto Mattias worked as a business sales account manager for a telecommunications company and had been fraudulently ordering iPhone 15s under multiple companies’ accounts, but having them shipped directly to his home, Monmouth County Prosecutor Raymond Santiago said. Mattias was charged with theft by unlawful taking following an examination of business and shipping records, along with interviews of five of Matia…
Framingham, MA
On Your Side
Easy Button Returns: How Framingham-Based Staples Reimagined 2000s Icon In Social Media Era
Struggling to think of ways to celebrate a 20th birthday or anniversary? For Staples, "that was easy." Staples is reviving its iconic Easy Button used in many advertising campaigns in the 2000s. The office supply retailer based in Framingham, Massachusetts, announced the red button's comeback in a news release on Wednesday, May 28. Originally launched in 2005, the Easy Button was a huge sensation in offices and schools nationwide. The catchphrase, "That was easy," grew into a widely known pop culture reference in the 2000s, far beyond shoppers looking for pens or printers. Staples is tryin…
Hartford, CT
On Your Side
DHL Ends High-Value Delivery Pause As Trump's Tariffs Spark Customs Backlog
A major global shipping company has lifted its pause on high-value shipments to the US after stopping them for a week due to President Donald Trump's sweeping tariffs. DHL has resumed business-to-consumer deliveries for packages with declared values of $800 or more. The company made the announcement in a website update on Monday, April 28. The German shipping giant paused high-value shipments on Monday, April 21. DHL warned customers that the latest tariff-driven rule changes to inspections had overwhelmed its clearance systems, triggering multi-day delays. The re…
Hartford, CT
On Your Side
Major Shipping Company Halts High-Value US Deliveries Due To Trump's Tariff Rules
A major global shipping company will stop delivering high-value consumer packages to the US as President Donald Trump's sweeping tariffs trigger customs delays. DHL is pausing business-to-consumer deliveries to the US with declared values over $800 on Monday, April 21, the company said. The German shipper cited a surge in customs backlogs caused by new federal rules linked to Trump's trade wars. The impact of Trump's policies has overwhelmed DHL's clearance systems, triggering multi-day delays across the shipping network. "This change has caused a surge in formal customs clearanc…
