Long Beach sees record TEUs on trade war effect
The Port of Long Beach, California, saw record container volume as the China-U.S. tariff fight spurred frontloading by importers.
The Port of Long Beach, California, saw record container volume as the China-U.S. tariff fight spurred frontloading by importers.
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.
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.
Container lines welcomed a pause in the tariff war that has crippled trade between the United States and China.
The Port of Virginia wants container shippers to know that it’s not beholden to China.
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 world’s second-largest container shipping line sees no immediate changes from U.S. ship fees.
Yemen’s Houthi rebels said they have not agreed to cease attacks on shipping in the Red Sea, contradicting claims made by President Donald Trump.
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.
West Coast politicians and port executives warned that President Trump’s tariffs will have far-reaching consequences for the U.S. economy.
An area internet outage on Friday temporarily disrupted trucking operations at Port Houston’s two public container terminals.
CN said cost control and disciplined operations helped it to better revenue and profits in the first quarter.
Newly revised legislation calls for a fleet of 250 U.S.-flag cargo vessels, and subsidies for American shipyards.
Canadian Pacific Kansas City said earnings rose on higher revenue and increased freight on its network.
Container and breakbulk cargo flows in March rose in Houston and New Orleans, while demand for crude oil continued to fuel shipments through Corpus Christi, Texas.
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.