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TIANJIN, China, Dec. 24, 2024 /PRNewswire/ -- On December 7, 2024, AIMA Technology Group warmly invited a delegation of five top-performing U.S. IBD dealers to visit its headquarters. Accompanying the group was Angela Zheng, CEO of AIMA's U.S. subsidiary, AIMA EBIKE, along with her sales, marketing, and customer service teams. This visit not only marked a deepened connection between AIMA and the mainstream U.S. market but also provided U.S. dealers with a valuable opportunity to witness AIMA Technology's globally leading capabilities in research, development, and manufacturing of electric mobility solutions. The delegation first toured AIMA's state-of-the-art factory in Tianjin. Aima Technology possesses production factories with extremely high levels of intelligent manufacturing Additionally, AIMA has integrated advanced technologies such as AI visual recognition and established a CNAS-certified R&D laboratory, maintaining its industry leadership in intelligent transformation. During the tour, the dealers were deeply impressed by AIMA's cutting-edge technology, large-scale production capabilities, and relentless pursuit of excellence in product development and manufacturing. They expressed that this rare visit not only enhanced their understanding of AIMA but also strengthened their confidence in promoting AIMA products as a symbol of outstanding performance and exceptional quality to their customers. Furthermore, AIMA Technology's R&D team engaged in in-depth discussions with the dealers regarding the new models AIMA EBIKE plans to launch in 2025. The dealers test-rode prototypes of the latest models and shared their innovative insights. They expressed high praise for AIMA's product innovation capabilities and market acumen, recognizing these as key factors that distinguish AIMA in the industry. Later, the dealers joined AIMA Technology's team to witness the rollout of the 10,000th AIMA E-Bike. This milestone moment showcased AIMA's exceptional manufacturing strength and market influence. The dealers were inspired and expressed strong confidence in the promising future of their partnership with AIMA. This visit from the top-tier U.S. dealer delegation not only deepened mutual trust and friendship but also injected new momentum into AIMA's ambition to become a leader in the U.S. E-Bike industry by focusing on the IBD channel. Looking ahead, AIMA Technology will continue to strive to provide market-leading performance and quality, enhancing its product development and manufacturing capabilities while working hand-in-hand with global dealers to create an even brighter future.
HELSINKI, Finland, Dec. 24, 2024 /PRNewswire/ -- Yutong Bus ("Yutong", SHA: 600066), a world-leading commercial vehicle manufacturer, has completed an extreme cold endurance challenge for its high-end electric coach, the T15E, in Finland, following earlier tests of the U12 in Norway and the E18Pro in Kazakhstan. The Finland challenge once again showcased the T15E's exceptional performance on icy roads in temperatures plummeting to -20°C, as it aced a series of trials designed to explore the full potential of its safety, energy efficiency, driving range, cornering, and hill-climbing capabilities in extreme conditions.   Starting from Oulu to Rovaniemi, the T15E successfully conquered a 250-kilometer stretch of winding, snow-covered roads, rigorously testing the EV's energy management and performance under demanding conditions. Throughout the 2.5-hour drive, the T15E showcased exceptional capabilities in battery efficiency, stability, hill climbing, and cornering. Media representatives Juho Akseli Käki and Tom Alexander Terjesen, praised the vehicle's precise handling and luxurious ride quality, further elevated by state-of-the-art suspension seats and elegantly designed ambient interior lighting. In the second test, covering a 609.8-kilometer route from Oulu to Helsinki, the T15E concluded the journey also in -20°C with a state of charge dropping from full to two percent and an energy consumption of just 0.94 kWh/km, reaffirming its ability in severe winter environments. "Through rigorous testing in Arctic ice and snow conditions, the Yutong T15E has proven its ability to maintain stable performance during ultimate range in extreme cold environments," commented Victor Wang, product engineer at Yutong Bus. "The over-600-kilometer range meets the diverse needs of long-distance premium coach services." The T15E's proven performance is underpinned by cutting-edge technologies that enable superior performance under adverse conditions. Its next-generation high-energy-density battery, with a capacity of 630 kWh, is coupled with an advanced liquid cooling and heating management system that optimizes efficiency in low temperatures. The permanent magnet synchronous motor achieves peak efficiency of up to 97.5%, while features including Yutong's self-developed efficient braking energy recovery and low-temperature heat pump AC system further enhance energy conservation and operational reliability. Equipped with megawatt-level fast charging capabilities, the T15E supports full recharging in just over one hour and is compatible with mainstream charging stations throughout Europe, ensuring maximum convenience for operators. Advanced safety systems, including the Electronic Braking System (EBS), Electronic Stability Program (ESP), and Lane Departure Warning System (LDWS), further reinforce the reliable and efficient performance for long-distance transportation.  
HO CHI MINH CITY, VIETNAM - Media OutReach Newswire - 24 December 2024 - JustMarkets concludes 2024 with notable achievements that highlight their ongoing focus on reliable and smart solutions for the worldwide trading community. The outgoing year marked the company's 12th anniversary, a milestone underscoring JustMarkets' long-standing presence in the financial sector. Over these years, the broker achieved numerous victories, earned 50+ awards, and welcomed more than 2 million traders from 180+ countries. They remain focused on growth, aiming even higher in the upcoming year. Throughout 2024, JustMarkets actively engaged with the global trading community by participating in key industry events, including the iFX Expo, Mumbai Expo, and Dubai Expo. These platforms provided opportunities to connect with stakeholders, clients, and partners, further solidifying JustMarkets' position in fintech. The company was also recognized with several industry awards, including Best CFD Broker in the World, Best IB/Affiliate Programme in the World, and Most Reliable Broker 2024, as well as a win at the UF Awards APAC 2024. These titles reflect the JustMarkets' focus on meeting all the trading needs and financial goals of their clients and partners. In 2024, JustMarkets upgraded their platform with native trading capabilities for the mobile app, which crucially simplifies access for traders. The company also expanded their range of trading instruments & pairs and implemented a reduction in spreads on XAU/USD (gold) by up to 10% across all trading account types. The year featured a series of trading contests designed to engage and reward JustMarkets' global community. Events like the Jiwa Contest, Golden Contest, #iLoveJustMarkets, and the Ramadan Trading Contest offered opportunities for traders to test their skills and earn prizes. The Trade and Win Contest with Cikgu Amoi further reinforced the company’s commitment to recognizing and supporting their dedicated investors. One of the greatest annual highlights was the Grand Gala Dinner — an event that brought together traders and partners to acknowledge their contributions and present exciting awards. The evening also provided guests with exceptional entertainment, dining, and a chance to engage directly with the JustMarkets team and network with like-minded people. As the year closes, JustMarkets is preparing for 2025 with plans to introduce new features, broaden offerings, and continue enhancing trading conditions. The company is dedicated to meeting the changing needs of the market and supporting the success of their growing community in the upcoming year. For more insights, visit the broker's website or follow them on social media. Hashtag: #JustMarkets #2024 #KeyMilestones #2025The issuer is solely responsible for the content of this announcement.JustMarketsJustMarkets is a globally recognized multi-asset broker providing reliable and transparent trading services since 2012. The company has earned over 50 industry awards, highlighting its excellence in the financial sector. JustMarkets offers a diverse array of trading instruments, including forex, stocks, commodities, indices, metals, energies, and cryptocurrencies, serving clients in over 160 countries. The company is renowned for its competitive pricing, featuring low spreads and zero commissions. JustMarkets caters to both new and experienced traders by providing a wide range of services designed to enhance their trading experience.
PHILADELPHIA and PERTH, Australia, Dec. 24, 2024 /PRNewswire/ -- Arcadium Lithium plc (NYSE: ALTM, ASX: LTM, "Arcadium Lithium"), a leading global lithium chemicals producer, today announced that it has obtained all requisite shareholder approvals in connection with the proposed acquisition by Rio Tinto previously announced on October 9, 2024. "Today's vote of support by our shareholders confirms our shared belief that with Rio Tinto, we will be a stronger global leader in lithium chemicals production. Together, we enhance our capabilities to successfully develop and operate our assets while supporting the clean energy transition. We are confident that this transaction will provide future benefit to our customers, employees and the communities in which we operate, and I am excited by the path ahead," said Paul Graves, president and chief executive officer of Arcadium Lithium. The final voting results of Arcadium Lithium's special meetings will be filed with the Securities and Exchange Commission in a Form 8-K and will also be available at https://ir.arcadiumlithium.com. Regulatory Update As of this release, merger control clearance has been satisfied or waived in Australia, Canada, China, the United Kingdom and the United States (Hart-Scott-Rodino Antitrust Improvements Act of 1976). Additionally, investment screening approval has been satisfied in the United Kingdom. The proposed transaction is still expected to close in mid-2025, subject to the receipt of remaining regulatory approvals and other closing conditions. Arcadium Lithium Contacts Investors: Daniel Rosen +1 215 299 6208 daniel.rosen@arcadiumlithium.com Phoebe Lee +61 413 557 780 phoebe.lee@arcadiumlithium.com Media:Karen Vizental +54 9 114 414 4702 karen.vizental@arcadiumlithium.com About Arcadium Lithium Arcadium Lithium is a leading global lithium chemicals producer committed to safely and responsibly harnessing the power of lithium to improve people's lives and accelerate the transition to a clean energy future. We collaborate with our customers to drive innovation and power a more sustainable world in which lithium enables exciting possibilities for renewable energy, electric transportation and modern life. Arcadium Lithium is vertically integrated, with industry-leading capabilities across lithium extraction processes, including hard-rock mining, conventional brine extraction and direct lithium extraction (DLE), and in lithium chemicals manufacturing for high performance applications. We have operations around the world, with facilities and projects in Argentina, Australia, Canada, China, Japan, the United Kingdom and the United States. For more information, please visit us at www.ArcadiumLithium.com. Important Information and Legal Disclaimer: Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Certain statements in this news release are forward-looking statements. In some cases, we have identified forward-looking statements by such words or phrases as "will likely result," "is confident that," "expect," "expects," "should," "could," "may," "will continue to," "believe," "believes," "anticipates," "predicts," "forecasts," "estimates," "projects," "potential," "intends" or similar expressions identifying "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including the negative of those words and phrases. Such forward-looking statements are based on our current views and assumptions regarding future events, future business conditions and the outlook for Arcadium Lithium based on currently available information. There are important factors that could cause Arcadium Lithium's actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied by the forward-looking statements, including the completion of the transaction on anticipated terms and timing, including obtaining required regulatory approvals, and the satisfaction of other conditions to the completion of the transaction; potential litigation relating to the transaction that could be instituted by or against Arcadium Lithium or its affiliates, directors or officers, including the effects of any outcomes related thereto; the risk that disruptions from the transaction will harm Arcadium Lithium's business, including current plans and operations; the ability of Arcadium Lithium to retain and hire key personnel; potential adverse reactions or changes to business or governmental relationships resulting from the announcement or completion of the transaction; certain restrictions during the pendency of the transaction that may impact Arcadium Lithium's ability to pursue certain business opportunities or strategic transactions; significant transaction costs associated with the transaction; the possibility that the transaction may be more expensive to complete than anticipated, including as a result of unexpected factors or events; the occurrence of any event, change or other circumstance that could give rise to the termination of the transaction, including in circumstances requiring Arcadium Lithium to pay a termination fee or other expenses; competitive responses to the transaction; the supply and demand in the market for our products as well as pricing for lithium and high-performance lithium compounds; our ability to realize the anticipated benefits of the integration of the businesses of Livent and Allkem or of any future acquisitions; our ability to acquire or develop additional reserves that are economically viable; the existence, availability and profitability of mineral resources and mineral and ore reserves; the success of our production expansion efforts, research and development efforts and the development of our facilities; our ability to retain existing customers; the competition that we face in our business; the development and adoption of new battery technologies; additional funding or capital that may be required for our operations and expansion plans; political, financial and operational risks that our lithium extraction and production operations, particularly in Argentina, expose us to; physical and other risks that our operations and suppliers are subject to; our ability to satisfy customer qualification processes or customer or government quality standards; global economic conditions, including inflation, fluctuations in the price of energy and certain raw materials; the ability of our joint ventures, affiliated entities and contract manufacturers to operate according to their business plans and to fulfill their obligations; severe weather events and the effects of climate change; extensive and dynamic environmental and other laws and regulations; our ability to obtain and comply with required licenses, permits and other approvals; and other factors described under the caption entitled "Risk Factors" in Arcadium Lithium's 2023 Form 10-K filed with the SEC on February 29, 2024, as well as Arcadium Lithium's other SEC filings and public communications. Although Arcadium Lithium believes the expectations reflected in the forward-looking statements are reasonable, Arcadium Lithium cannot guarantee future results, level of activity, performance or achievements. Moreover, neither Arcadium Lithium nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements. Arcadium Lithium is under no duty to update any of these forward-looking statements after the date of this news release to conform its prior statements to actual results or revised expectations. Logo - https://mma.prnasia.com/media2/2310012/Arcadium_Lithium_Horizontal_Logo.jpg?p=medium600
Expects to Increase Assembly Efficiency by 50%, Reducing Manual Handling, Minimizing Labor, and Enhancing Worker Safety GARLAND, Texas, Dec. 23, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo"), a manufacturer and distributor of powersports vehicles and pontoon boats, today announced the successful ramp-up of its new assembly line, featuring cutting-edge robotic technology designed to streamline production and enhance quality control. This investment reinforces Massimo's commitment to meeting the needs of both its customers and investors as the company prepares for an impactful 2025. Massimo Motor's New Production Facility The purpose-built assembly line at Massimo's Garland, Texas facility integrates an Automated Guided Robots ("AGRs") conveyance system. This innovative technology replaces traditional fixed workstations with highly flexible, automated robots that move vehicles seamlessly along pre-determined pathways throughout the production process. The AGRs can be individually controlled, allowing de-coupling from the assembly line to address timing imbalances between stations, ensuring a smoother and more efficient manufacturing flow. By implementing this advanced system, Massimo expects to increase assembly efficiency by 50%, reducing manual handling, minimizing labor, and enhancing worker safety. The integration of these technologies represents a significant milestone in the company's ongoing efforts to enhance operational efficiency while maintaining the highest standards of product quality. As part of this enhanced production capability, Massimo Motor has ramped up production of its new T-Boss 560L and 760L models. These units are part of the company's best-selling T-Boss line and now feature a fully enclosed cab with heaters, providing comfort and functionality during harsh winter conditions. These updates were introduced in direct response to customer feedback and underscore Massimo's dedication to innovation and meeting market demand. The T-Boss 560L and 760L models are ideal for tackling cold-weather tasks, whether on the trail, around the farm, or for general utility purposes. The addition of the cab enclosure with heating capabilities makes these models the perfect choice for customers needing dependable, all-weather vehicles. David Shan, CEO of Massimo Motor, stated: "Our investment in advanced robotic technology and the introduction of the new T-Boss 560L and 760L models reflect our commitment to aligning our operations with the needs of our customers and investors. This new assembly process not only enhances production efficiency but also strengthens the quality and reliability of our products. As we continue to innovate, we're proud to deliver vehicles that meet the diverse needs of our customers while driving growth and value for our stakeholders." The enhancements to the Garland facility's production line are expected to significantly increase output and support Massimo's ability to meet growing demand for its industry-leading T-Boss line of UTVs. The company remains focused on investing in new technologies and innovative solutions to ensure long-term success and sustainability. About Massimo Group Massimo Group (NASDAQ: MAMO) is a manufacturer and distributor of powersports vehicles and pontoon boats. Founded in 2009, Massimo Motor believes it offers some of the most value packed UTV's, off-road, and on-road vehicles in the industry. The company's product lines include a wide selection of farm and ranch tested utility UTVs, recreational ATVs, and Americana style mini-bikes. Founded in 2020, Massimo Marine manufacturers and sells Pontoon and Tritoon boats with a dedication to innovative design, quality craftsmanship, and great customer service. Massimo Group is also developing electric versions of UTVs, golf-carts and pontoon boats. The company's 376,000 square foot factory is in the heart of the Dallas / Fort Worth area of Texas in the city of Garland. For more information, visit massimomotor.com and massimomarine.com. Forward-Looking Statements This press release contains statements that constitute "forward-looking statements," including with respect to the initial public offering and the use of proceeds thereof. In some cases, you can identify forward-looking statements because they contain words such as "anticipate," "believe," "estimate," "expect," "intend," "may," "predict," "project," "target," "potential," "seek," "will," "would," "could," "should," "continue," "contemplate," "plan," and other words and terms of similar meaning. These forward-looking statements include information concerning statements regarding future cash needs, future operations, market positions, business plans and future financial results; and any other statements that are not historical facts. No assurance can be given that the proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of Massimo, including those set forth in the "Risk Factors" section of Massimo's Annual Report on Form 10-K for the year ended December 31, 2023, as updated by Massimo's subsequent filings, with the SEC. Copies are available on the SEC's website, www.sec.gov. Massimo undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
BEIJING, Dec. 23, 2024 /PRNewswire/ -- With the election of Donald Trump as president of the United States, there can be no doubt that his administration will have major implications for industrial project development at home and an impact on the global supply chain. Some changes could be felt on "Day 1" while others will ripple through the world at a slower pace. To predict his presidential actions, campaign rhetoric gives us a starting point, but it's the specifics—like decisions from his first term in office and his current cabinet picks—where we can determine the likeliest results. Trump will not start with a blank slate. Well before the election, companies have made moves that point to the direction the industry will take. Take the energy transition: despite the highly publicized commitments to green energy – a move away from fossil fuels – oil and gas projects are at the top of the list for financial approval, a trend that started not with Trump but with the need for energy security following Russia's invasion of Ukraine. Trump and his appointees will have the power to accelerate or slow conditions that exist in the market. Where will he accelerate development and where will he apply the brakes? Here's a breakdown of five actions to anticipate—and who stands to win or lose. 1. Suspend offshore wind development Not one to mince words, Trump has made his position on offshore wind clear: "I'm going to write it out in an executive order. It's going to end on Day 1." While the first Trump administration oversaw three federal lease sales that netted $456 million for the federal treasury, the economic picture for offshore wind has changed. Higher interest rates have made financing more expensive; supply chain disruptions have led to higher prices for components and materials, and contracts with utilities to sell electricity at low fixed prices are no longer viable. Recent offshore lease auctions have met with mixed results. In the government's first offshore wind auction for the Gulf of Mexico in 2023, only one of the three leases received bids. A second auction was canceled last summer due to lack of interest, but unsolicited interest from two parties has been submitted for consideration. Two bidders were successful for leases off the coast of Maine, but Oregon's floating offshore wind auction was canceled due to insufficient bidder interest. Trump's action might only accelerate the inevitable for now, but market conditions could become more favorable under a wind-friendly administration in the future. Which sector would be most affected? Ports with expansion plans or construction underway to support offshore wind development, including New York's $417 million commitment to upgrade existing and construct new ports for offshore wind. The impact will vary by project construction timetables and the appetite for betting on the viability of offshore wind in the years following the expected hiatus. 2. Boost oil and gas projects It should come as no surprise that oil and gas projects represent the most investment in the project pipeline in the U.S., along with a continuing wave of renewable projects. While Trump may be known for his energy policy shorthand "Drill, baby, drill," the industry has already embraced that strategy. In Breakbulk's 2025 Outlook, the Energy Industries Council writes, "The sector's high profit margins have encouraged operators like BP, Shell and Total to continue investing in oil and gas projects. Contractors are similarly retrenching in the sector, seeing greater certainty and profitability compared to renewable energy and clean technology projects." Follow the money, and it leads us directly to oil and gas projects–upstream, midstream and downstream. Expect liquified natural gas (LNG) permit applications to be reviewed and approved quickly, reversing the recent Biden administration's "pause." Reuters in November reported Norway's Crown LNG is rushing to develop a liquefied natural gas export plant offshore Texas before Trump's second term ends in 2029. The International Energy Agency projects North America's LNG export capacity to more than double between 2024 and 2028 from 10 projects under construction – five of which are in the U.S., which is already the world's top LNG producer. Similarly, Trump could increase offshore oil and gas lease sales by tenfold compared to the current Biden administration program, including waters off Alaska, the Atlantic coast and new areas in the Gulf of Mexico. The current Bureau of Ocean Management plan for 2024-2029 calls for just three new leases in the Gulf of Mexico. Trump has named Doug Burgum his nominee for Secretary of Interior, a job that will put him in charge of hundreds of millions of acres of federal land and U.S. waters. This will be key to the Trump administration's plans to boost oil and gas production. But there's one thing that sets Burgum apart from Trump: his support for climate goals. As governor of North Dakota, he pledged to make the state carbon-neutral by 2030 and has championed carbon capture and storage as a means to do it. Which sectors would benefit most? Offshore, the Offshore Supply Vessel sector will be the first to benefit from expanded offshore leasing because these vessels are essential throughout all stages of offshore projects, from exploration to ongoing production. This increased activity could lead to fleet expansion and reactivation of idle vessels, while the opening of new leasing areas could create new markets for OSV operators. Onshore, oilfield service companies should prosper along with EPCs, project forwarders, pipeline fabricators, rig builders and the specialized transporters to move the equipment to the sites. For downstream projects, EPCs, forwarders and ocean carriers will win since most of the large components are manufactured overseas. 3. Cut funding for the CHIPS and Science Act Trump called the CHIPS Act "so bad" during a campaign interview, but this seemingly contradictory opinion – after all, the CHIPS Act is designed to encourage domestic manufacturing of computer chips rather than relying on imports from Asia – reflects Trump's preference for tariffs over subsidies to spur domestic manufacturing. The CHIPS Act provides $52 billion in subsidies for building or expanding semiconductor manufacturing facilities, known as fabs. To date, more than half of the subsidies have been distributed to eight companies, leaving $22.6 billion to disburse. Instead of subsidies, Trump wants tariffs on chip imports, arguing that high tariffs would compel companies to establish chip factories in America "for nothing." Further, manufacturers in the U.S. are eligible for a 25% investment tax credit for capital expenses related to manufacturing semiconductors, including equipment, which aligns with Trump's vow to cut corporate taxes from 21% to 15% if goods are produced in the U.S. The subsidies and credit reveal only a part of the economic picture. As of August 2024, companies had announced more than 90 new fab manufacturing projects in the U.S., totaling nearly $450 billion in investments across 28 states since CHIPS was introduced in Congress, the Semiconductor Industry Association reported. Fabs represent a significant source of new business for EPCs and forwarders with the average cost of constructing a single fab at $25 billion. Expected impact Even if remaining subsidies are eliminated, the investment credit and new or increased tariffs would likely support continued construction. Add supply chain reliability with domestically-made chips and the benefits should cancel the impact of a subsidy cut. The demand for more powerful chips is near the start of its curve as PCs with "AI chips" come to market – EPCs and forwarders should count on more work in this sector. Access key insights from the Breakbulk Events & Media 2025 Outlook here - with analytics from the Energy Industries Council (EIC) 4. Bringing the supply chain home The crux of Trump's "America First" policy is to produce as many goods as possible in the U.S., stimulating job growth and shielding the country from global disruptions. Central to this strategy is his preference for bilateral trade agreements over multilateral ones, which he demonstrated early in his first presidency by withdrawing from the Trans-Pacific Partnership (TPP) in 2017. Other than a bilateral agreement with Japan, no trade deals were made with TPP countries after the U.S. withdrawal, creating a void that China eagerly filled. Trump has also signaled potential changes to existing agreements. He has stated his intention to formally notify Mexico and Canada of plans to utilize the six-year renegotiation clause in the United States-Mexico-Canada Agreement (USMCA), which will come into play on July 1, 2026. This could involve curtailing auto imports from Mexico or other measures to secure more favorable terms for the U.S. But that's not all. He'll take further measures, promising to Impose a 60% tariff on goods from China and 20% on imports from other countries. The idea is to shift both parts and finished goods from being sourced overseas to being made in the U.S. where labor costs are significantly higher than in other parts of the world like Southeast Asia. However, it will take time to ramp up domestic production, assuming goods can be sold at or below tariffed ones. Either way, the consumer will pay. Winners and losers Bringing the supply chain home is good for land-based transport, as well as coastal and inland transport. Ports may see imports decrease, but exports could offset the loss if those cargoes are not hit with retaliatory tariffs. Likewise, container lines could be affected if fewer shipments are coming into the U.S. from Asia and Europe. Ports may be able to convert some of their facilities to logistics hubs with locally manufactured products stored and then distributed to various parts of the country. There's no immediate remedy for container shipping – expect a decrease in the frequency of sailings between the U.S. and the rest of the world. 5. Climate regulation rollback Trump did his share of rolling back environmental regulations in his first term: replacing the Clean Power Plan with the less restrictive Affordable Clean Energy rule, reducing regulations on methane emissions from oil and gas operations, expediting environmental reviews for infrastructure projects, and withdrawing from the Paris Climate Agreement. Expect more of the same from his second term, sending resources back to fossil fuels and fossil-fuel powered plants–accelerating a trend that's well underway. Even in Europe, major oil and gas companies are reducing their climate targets with little consequence. In 2023, BP reduced its reduction target from 35-40% to 20-30%. Shell may have won the upset of the industry when a Dutch appeals court recently overturned a landmark ruling that had ordered energy company Shell to cut its carbon emissions by net 45% by 2030 compared to 2019. If the U.S. withdraws again from the Paris Climate Agreement, it would no longer be formally bound to its emissions reduction commitments under the agreement. However, the Inflation Reduction Act of 2022 (IRA) calls for the U.S. to reduce net greenhouse gas emissions by 40% below 2005 levels by 2030. There are no penalties for missing the target. While Trump is no fan ot the IRA, it has already brought jobs and new industries to Republican states. Expect selected cuts like the EV tax break for consumers rather than an attempt to repeal the legislation. Climate goals aren't the only measures aimed at cutting emissions, and the U.S. will face pressure abroad if it wants to retain its market share for oil and gas exports. The EU will put new methane emission standards in place for all imported fossil fuels beginning in 2030, and that means the U.S. will have to comply with the as-yet-to-be-announced requirements if it wants to keep Europe as its top LNG export market. Today, 66% of U.S. LNG is exported to Europe. Trump's nominee to lead the Environmental Protection Agency former Rep. Lee Zeldin (R-N.Y.) will likely back Trump and is skeptical of ambitious climate goals. He supported Trump's exit from the Paris Climate Agreement. He criticized New York governor Kathy Hochul's climate targets, saying that the state goal of 70 percent renewables by the end of the decade, was "whimsical." Who benefits from reduced or absent climate goals? EPCs, freight forwarders and transportation providers should all see new business as more oil and gas projects get the greenlight. On balance Trump will be good news for the country's oil and gas industry, accelerating a pragmatic move back to fossil fuels. A second run at bringing manufacturing back to the U.S. could present additional opportunities, especially in the semiconductor sector. What does this mean for breakbulk and project cargo companies? More work. To discuss exhibiting options at Breakbulk Americas 2025, complete this simple form. Visit our website，Breakbulk Americas | Sept. 30-Oct. 02 2025 | Houston, TX
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