Maersk expects no changes from US port fees
The world’s second-largest container shipping line sees no immediate changes from U.S. ship fees.
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.