‘Tariff shockwave’ leads to collapse in ocean container bookings
Tariffs on China imports by the Trump administration led to a collapse in trans-Pacific ocean freight bookings by U.S. importers.
Tariffs on China imports by the Trump administration led to a collapse in trans-Pacific ocean freight bookings by U.S. importers.
DSV on Tuesday said it had fulfilled the final closing conditions for its acquisition of German logistics provider Schenker.
Another early peak container shipping season is on tap as Asia-Pacific trade is predicted to outpace a global economic slowdown.
Transair, a small all-cargo operator in Hawaii, is preparing to restart business after a serious accident in 2021 and a failed FAA attempt to pull its operating certificate.
The Port of Seattle is appealing a decision by the City Council to permit a housing development it says threatens trucking and port operations.
The Port of Los Angeles saw imports modestly climb in March as frontloading and tariffs cloud the gateway’s H2 outlook.
Ship operators will have to pay a carbon tax on emissions beginning in 2028, but at a lower threshold than first proposed.
Fraud Watch examines potential increases in customs fraud whistleblowers.
President Trump signed an executive order moving his shipbuilding initiative ahead, and calling for a review of how the Pentagon orders military vessels.
Trans-Pacific container rates moved ahead as trade shockwaves fueled a race to get ahead of the latest tariff announcements.
The United States is threatening to take reciprocal action against nations that agree to a global carbon tax on ocean shipping.
The United States won’t charge the full range of port fees on Chinese ships calling U.S. ports and won’t stack those charges.
Low-value shipments from China to the United States are expected to plunge in May when their eligibility for duty-free status ends and new tariffs of 104% are applied to e-commerce orders.
DHL said a major new investment will help double revenue for health care logistics by 2030 while FedEx says its technology enhancements are bringing in a surge of new health care customers.
Governments are meeting this week on global fees for cargo ship emissions.
U.S. safety investigators are calling for airlines to inspect Boeing 757s for faulty latches that could prevent evacuation slides from deploying after an accident involving FedEx.
Amazon has restructured its air network to accommodate the need for fewer short-haul package flights and a new clientele of shippers with heavy freight.
The Trump administration is reshaping global trade, and the effects are being felt in the ocean and air freight sectors.
Container traffic at the busiest U.S. import gateway is expected to drop by 10% in the second half of the year.
The Trump administration is ratcheting up regulation of e-commerce shipments from China by removing a pathway for duty-free, expedited entry that critics say has been exploited by drug gangs and counterfeiters to smuggle illegal products into the U.S.