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What changed 10-Q
Item 1A. Risk Factors
2025-08-08 compared with 2025-05-09 · 1 added, 1 removed, 12 unchanged (14% of the section changed)
7 unchanged sentences
Economic conditions may adversely affect our customers and their ability to pay for our services.
−Removed: Recently, the Trump administration has imposed new and increased tariff rates on imported goods from a number of countries.
+Added: During the first six months of 2025, the Trump administration has imposed new and increased tariff rates on imported goods from a number of countries.
Although it is difficult to forecast the depth and duration of the resulting impact since the tariff policies are rapidly evolving and changing, such trade policies and tariff implementations, and any related retaliatory trade policies and tariff implementations by foreign governments, may result in decreased shipping volumes and have an adverse impact on our revenue and results of operations.
3 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.