‘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.
Another early peak container shipping season is on tap as Asia-Pacific trade is predicted to outpace a global economic slowdown.
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 strength in ocean bookings today will not translate into domestic freight volumes until May at the earliest.
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.
Governments are meeting this week on global fees for cargo ship emissions.
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.
A partnership of BNSF, Norfolk Southern and the Northwest Seaport Alliance are offering expedited service from the Pacific Northwest to the Chicago rail hub.
Railroads in January saw their share of North American transborder trade slip as trucks posted double-digit gains.
Class 1 railroads saw mixed results in Q4 of 2024, but consultant Oliver Wyman sees a steadier year ahead.
Trans-Pacific container rates to the United States were narrowly mixed in the latest Freightos index.
BlackRock Chairman Larry Fink says container shipping infrastructure is as critical to the future global economy as data centers and power grids.
Representatives of ocean carriers and shipbuilding interests testified at a hearing on proposed port fees on Chinese ships.
Gulf Coast ports’ February cargo volumes declined in Houston but rose in New Orleans and Corpus Christi, Texas.