The model railroad industry relies on Asia-sourced parts and pieces for success and tariffs could spell disaster for this niche hobby.
The U.S. Chamber of Commerce is optimistic for a Phase 4 COVID relief bill signed by the end of the year.
Lori Ann LaRocco writes about the impact of coronavirus on maritime trade between China and the U.S.
Analyst forecasts tough sledding for freight in first half of the year
Risks based on cargo moving through Los Angeles/Long Beach ports
Extension of “Maritime Silk Road” threatens U.S. economic, military standing.
Confidence elevated after Trump decides to meet with Vice Premier.
U.S. Chamber chief Tom Donohue also commented on status of China trade talks, USMCA.
Henry Byers writes about the latest twists and turns in the U.S.-China trade war.
Fed policy talk and China’s retaliatory tariffs couldn’t spook the markets. It was the President’s tweets that sent the markets into a tailspin. With tariff increases on the horizon, we can be somewhat certain that more uncertainty and volatility will likely ensue for the transportation stocks.
The FreightWaves Freight Intel Group is producing research culled from FreightWaves SONAR and other sources. Read about its first several research papers and how to learn more.
Shippers benefit as transportation rates expected to stay low.
U.S. maritime’s economic contributions may be at risk if Chinese tariffs remain in place.
Barclays forecasts a drop in oil price; China is witnessing a historic fall in auto sales over stock market crash and U.S.-China trade war; banks are discussing on emergency financing to liquidate Sears.
Donald Broughton says that the oil boom and Trump tax cuts are driving a young industrial expansion cycle; shippers continue to adjust supply chains to minimize transport costs; Google invests $550M in Chinese e-commerce site JD.com; China may put a tariff on US oil imports; Brazil’s trucker strike shattered economic growth outlooks; Asia-North America container rates are softening.
Soybean exports to China have been levied 25% additional tariffs as China hits back with tariffs on U.S. exports worth $50 billion annually.
China has increased tariffs by up to 25% on 128 U.S. products, in retaliation for the tariffs added by the U.S. last week. The Chinese tariffs target farm products, with the severely hit being pork exporters.
Transportations companies with cross-border business are exposed to tariff risks; new home sales fall unexpectedly; the Dow crosses below its 120-day moving average; acquisition-minded trucking companies face new financial scrutiny; Target and Kroger merger rumors.
