Shares of largest US container line buoyed by tariff outlook
Matson saw its shares gain as a positive outlook for China-related shipping outweighed weaker financial results in the third quarter.
Matson saw its shares gain as a positive outlook for China-related shipping outweighed weaker financial results in the third quarter.
Ocean Network Express said earnings fell in the recent quarter on weaker revenue per container, and revised its forecast lower for 2025.
The United States and China have suspended their respective port fees on each other’s ships amid progress on a new trade agreement.
Trans-Pacific container rates improved 15% to 20% last week as U.S. negotiators made progress on Asia trade deals.
The U.S. maritime industry faces challenges and opportunities in global trade and shipbuilding, the former chairman of the Federal Maritime Commission tells F3: The Future of Freight Festival.
Asia-U.S. container rates rallied on carrier-imposed GRIs and tighter capacity, despite trade tensions.
Container rates on key trans-Pacific routes accelerated their decline as China and the U.S. escalated their trade war.
The Port of Los Angeles, despite lower September imports, posted an all-time record quarter for container volume.
China won’t collect port fees on Chinese-built U.S. cargo vessels.
China announced sanctions on the U.S. units of a South Korean company aiding U.S. shipbuilding.
The DHL Global Connectedness Tracker shows that global trade and investment remain resilient despite rising tariffs and geopolitical tensions.
Global container traffic posted strong results in August, with North America a notable exception, according to newly-released data.
The United States Trade Representative has added new tariffs of 100% on Chinese-made ship-to-shore container cranes and 150% on cranes used to move containers around terminals.
China will levy port fees on U.S.-flagged and -owned ships, the latest escalation in the trade war with the United States.
September import data shows resilient demand despite tariff effects that caused steep declines in a number of key goods categories.
Container rates on the trans-Pacific reached two-year lows as weak demand is expected to continue through the end of the year.
China sets new port fees, could bar U.S. ships in retaliation for charges on Chinese shipping set to take effect in October.
Containerized imports are set to dive in 2025, an analyst predicts, as President Trump’s tariffs take a toll on China-U.S. trade.
Maersk won’t levy a surcharge when U.S. fees on China-linked ships take effect in October.
August was a strong month for the Port of Los Angeles, but that could be the end of the good news in 2025 for the busiest U.S import gateway.