Massive rare earths elements deposit confirmed in Wyoming
The deposits are in soft coal, making them economically feasible to develop.
The deposits are in soft coal, making them economically feasible to develop.
Ocean container rates on the key Asia-U.S. trade lanes continued their downward trend in the latest Freightos index.
Containerized imports through U.S. ports staged a modest comeback in June following a sharp drop in May.
Shippers are paying an average 21% tariff on containerized imports entering the United States, ocean line Maersk said.
The outlook for Asia trade agreements is improving, which is more than can be said for container rates on the eastbound trans-Pacific.
https://www.freightwaves.com/news/us-taking-closer-look-at-ocean-carriers-antitrust-immunity
Container rates are giving back recent gains, as U.S.-bound container traffic slumps after a surge fueled by the tariff pause. Shipping consultancy and SONAR data partner Drewry saw its World Container Index fall 9% this week, the second consecutive weekly drop following five weeks of gains. “This decline is a direct result of low demand […]
The U.S. and China said they have agreed on a deal to reduce tariffs and expedite shipments of rare-earth metals.
The conflict between Israel and Iran has yet to hit tanker or container rates, while prices on the eastbound trans-Pacific may have peaked.
Tariffs helped snap 10 straight months of growth at the Port of Los Angeles, but a Yale economist says that the worst could be yet to come.
Container rates on the Asia-U.S. trade lane surged as shippers rushed early peak- season traffic and carriers announced general rate increases, according to SONAR and Freightos data.
After months of back and forth, President Trump says a deal with China is done.
The pause in tariffs will boost containerized imports through U.S. ports this summer, according to the National Retail Federation, but at lower levels than a year ago.
Trac Intermodal is positioning its leading fleet of 200,000 chassis to support a tariff pause-fueled surge of import containers.
Container rates continue to soar, says Xeneta, as shippers look to take advantage of the pause in the China-U.S. tariff fight.
Freightos Baltic Index container rates showing the effects of the China-U.S. tariff break and carrier rate hikes.
The Port of New York-New Jersey saw April container volumes rise 6% from the same month a year ago.
Global leaders and trade stakeholders are reacting positively to a court ruling blocking tariffs imposed by President Donald Trump.
What happens now that a federal court striking down tariffs as “unconstitutional”?
In the calm before the surge, BNSF is confident its network can handle the coming wave of import containers from Asia.
Carriers are pushing for big increases in the Asia-U.S. trade, but it remains to be seen how desperate shippers are to secure capacity, says a Xeneta analyst.
Maersk (OTC: AMKBY) and Hapag-Lloyd (OTC: HPGLY) announced new container services from East Asia to the U.S. Port of Long Beach. The additions by the Gemini Cooperation partners, which include the redeployment of at least one ship back into the eastbound trans-Pacific to U.S. West Coast trade, come as carriers scale up during a 90-day […]
Ocean container rates are surging after the tariff ceasefire stoked demand from China to the United States.
The U.S. government says it moved to block a businessman and his two logistics companies from using fake postal labels to ship parcels from China to the United States.
The ITS Logistics US Port/Rail Ramp Freight Index shows looming issues at rail terminals and an early peak season ahead.
Los Angeles’ port chief doesn’t foresee a “huge surge” of import traffic at the busiest U.S. container hub during the tariff pause.
The Port of Long Beach, California, saw record container volume as the China-U.S. tariff fight spurred frontloading by importers.
Integrating multimodal transportation data with inventory data is key.
The tariff pause saw Hapag-Lloyd bookings from China to the United States increase 50%.
Cross-border tensions are moderating Canadian National’s outlook, but its CEO still expects around 3% growth in freight volumes this year.
The White House has temporarily relaxed duties on parcel imports from China that entered the country without duty prior to May 2, but efforts continue to eliminate the de minimis exemption altogether.
Shippers are rushing to bring in stalled China imports following a pause in the U.S.-Sino tariff fight.
The world’s second-largest container carrier wants to kick-start the reset of China-U.S. shipping with a sale on freight rates.
After China and the United States paused tariffs, ocean shippers and carriers watch and wait to see how demand develops.
The Port of Virginia wants container shippers to know that it’s not beholden to China.
The Trump administration said on Sunday it has reached a trade deal with China after two days of negotiations in Geneva.
The parent of Maersk, the second-largest ocean container carrier, revised its full-year box outlook, saying tariffs could cut global volumes by 1% from a year ago.
The Trump administration is considering slashing the 145% tariff on Chinese imports to as low as 50%, according to a newspaper report.
The world’s second-largest container shipping line sees no immediate changes from U.S. ship fees.
The Hobby Industry Coalition seeks targeted refinements to what it sees as crippling tariffs.
An analyst says moves by shippers to redirect China exports and by carriers to blank sailings will only shore up container rates in the short term.
Carload volumes for North American railroads are still running ahead of year-ago levels.
As U.S. tariffs freeze China exports, blank sailings and shifting traffic are helping prop up trans-Pacific container rates.
The International Longshore and Warehouse Union on Monday blasted President Trump’s trade war with China, saying tariffs will cause massive job losses and devastate working-class families.
With Chinese imports tanking and fewer calls expected at West Coast ports, many empty containers won’t have a way back to Asia.
Chinese sellers are now forced to play by the same rules as U.S.-based vendors.
President Donald Trump said Tuesday that he would cut tariffs on Chinese imports but did not clarify by how much.
The country’s most reliable source of freight is slowing down.
China’s largest shipping line says it opposes a plan to charge its ships to dock at U.S. ports.
Freight forwarders focused on the trans-Pacific are in pain.
Following opposition from shippers, the United States will phase in port fees scaled to a vessel’s tonnage, in an effort to blunt China’s dominance in global shipping.
Mexico tops Canada and China as the No. 1 U.S. trade partner during February with more than $68 billion in trade.
Shippers and liner operators are struggling to adapt to drastic changes across the maritime supply chain.
Record capacity and rising rates on some routes signal shifting dynamics in global container shipping, an analyst says.
America must forge its own path to reindustrialization.
The White House said imported goods from China to the U.S. could be hit with tariffs as high as 245%.
The Trump administration is considering a revision to proposed port fees for Chinese ships.
Tariffs on China imports by the Trump administration led to a collapse in trans-Pacific ocean freight bookings by U.S. importers.
President Donald Trump has exempted smartphones, chips and computers from tariffs, but some import taxes remain on Chinese imports.
During the COVID years, transportation providers were flooded with freight that needed to move yesterday. The current environment is flooded with freight that needs to move in a few weeks, maybe.
China is slapping 125% tariffs on U.S. imports starting Saturday amid an escalating trade war with the Trump administration.
The European Union will match the Trump administration’s 90-day pause on tariffs, delaying duties on $22 billion worth of U.S. products.
Trans-Pacific container rates moved ahead as trade shockwaves fueled a race to get ahead of the latest tariff announcements.
President Donald Trump on Wednesday dropped tariffs to 10% on imports from most countries for 90 days.
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.
China-to-U.S. freight has been hit especially hard by President Trump’s tariffs.
President Donald Trump’s wide ranging “reciprocal” tariff policy went into effect at 12:01 a.m. on Wednesday, including 104% duties on goods from China, as well as various levies on imports from about 90 other U.S. trading partners. Officials in China on Wednesday announced retaliatory duties on U.S. imports to 84%, up from 34%, starting on […]
President Donald Trump has threatened to add 50% additional tariffs on imports from China starting Wednesday.
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.
Tariffs that President Trump announced Wednesday will vary, but he said that as a starting point, new levies on imports from many nations will equal half what those nations charge on exports from the U.S.
President Donald Trump is expected to announce on Wednesday afternoon massive tariffs against every major U.S. trading partner.
Representatives of ocean carriers and shipbuilding interests testified at a hearing on proposed port fees on Chinese ships.
Regulators in China will review the sale of port operations linked to the Panama Canal to a consortium led by a U.S. investor.
President Trump said he will impose 25% duties on vehicles and certain parts assembled outside the country, including American brands.
Fight China’s shipping practices and revive U.S. shipbuilding, commenters tell the U.S. trade representative, but don’t punish domestic industry in the global market.
Amid uncertain demand, capacity continues to exit.
While Red Sea conflict and the U.S. trade war depress container shipping rates, logistics services providers advise short-term flexibility to leverage emerging opportunities.
President Donald Trump told Congress that the United States plans a range of incentives to revitalize domestic military and commercial shipbuilding.
President Donald Trump signed an executive order Monday to raise tariffs on imports from China by an additional 10%.
Air cargo’s hot run had to cool off at some point, but new U.S. trade measures against Chinese parcel shipments mean the industry could be in for a surprisingly quick reversal of fortune.
After months off frontloading by importers that boosted prices, container rates on the trans-Pacific are declining following Lunar New Year, said analyst Freightos.
Shipping companies may reroute Chinese-built vessels to Mexican ports to avoid Trump’s proposed fees on Chinese commercial ships.
In another aggressive move against China’s shipping dominance, the Trump administration has proposed fees on Chinese ships calling U.S. ports.
Cargojet is focusing more on charter business as e-commerce retailers and other companies seek dedicated airlift, which helped boost revenue more than 30% in the fourth quarter.
Rep. Rosa DeLauro says the Trump administration has retreated from removing a lucrative tariff exemption for low-value e-commerce goods made in China. In its haste to crack down on duty evasion and fentanyl smuggling, the White House made the situation worse, she says.
China’s share of U.S. manufactured goods imports is falling, while Vietnam’s and Mexico’s are rising.
The developing U.S.-China trade war will likely keep eastbound trans-Pacific container rates elevated as shippers pull imports forward.
President Donald Trump has delayed his ban on duty-free treatment of low-value shipments from China until border agencies can figure out how to collect and process single parcels without backing up the import clearance system. The White House on Wednesday amended its recent executive order closing the duty exemption for de minimis shipments valued at […]
The U.S. Postal Service has reversed its decision to stop receiving parcels from China and Hong Kong.
The U.S. Postal Service has stopped accepting parcels from China and Hong Kong.
The cross-border e-commerce logistics ecosystem, including cargo airlines, is bracing for a downturn in business after the U.S. moved to ban low-value Chinese imports from qualifying for zero duties.
Lawmakers on Capitol Hill discussed whether Chinese influence was violating Panama Canal neutrality at the expense of U.S. international trade.
This week in Borderlands: Trump tariffs could raise consumer prices in short term, expert says; TransPak expands logistics operation in Texas; Logisticus Group opens supply chain facility near Phoenix; and Grupo Lintel plans $83 million logistics park in central Mexico.
Canada, Mexico, China and other nations are formulating plans in response to President Trump’s proposed tariffs that could take effect Feb. 1.
An investigation by the United States trade representative found evidence of wide-ranging plans by China that have helped it dominate the global ocean shipping and shipbuilding industries.
President Trump said he was considering Feb. 1 as a start date for tariffs against Canada and Mexico, directing federal agencies to assess compliance with recent trade agreements.
Following up on earlier action this week aimed at controlling the influx of unidentified e-commerce shipments from China, U.S. Customs and Border Protection on Friday proposed that low-value imports no longer qualify for duty-free entry if the products are subject to tariffs or other national security restrictions. The proposal could result in higher consumer prices […]
Companies involved in cross-border e-commerce face new data requirements and other changes as U.S. officials clamp down on de minimis shipments from China.
U.S.-Mexico trade hit $69.2 billion in November as shippers frontload freight ahead of President-elect Donald Trump’s promised tariffs.