Drewry: Global container volumes to drop 1% on Trump tariffs
Global container traffic is forecast to fall 1% in 2025 due to U.S. tariffs and trade policies, analyst Drewry says, only the third decline in its forecast history.
Global container traffic is forecast to fall 1% in 2025 due to U.S. tariffs and trade policies, analyst Drewry says, only the third decline in its forecast history.
F. Paul De Maria, chief negotiator for the United States Maritime Alliance in contract talks with the International Longshoremen’s Association, is the new CEO of the port employers’ group.
Shares of Matson, the largest U.S.-flag shipping line, are collateral damage in President Donald Trump’s trade war.
Container shipping capacity on the Asia-U.S. trade route has sharply declined as carriers ramp up blank sailings.
China’s largest shipping line says it opposes a plan to charge its ships to dock at U.S. ports.
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.
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.
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.
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.
Regulators in China will review the sale of port operations linked to the Panama Canal to a consortium led by a U.S. investor.
For a fourth straight week, U.S. rail traffic has recorded an increase of more than 5% over the same week a year earlier. Statistics from the Association of American Railroads for the week ending March 22 show total traffic was 496,214 carloads and intermodal units, a 5.5% increase over the same week in 2024. That […]
Canada’s largest railroads see mixed progress at the country’s busiest container gateway.
The Port of Savannah, Georgia, marked the busiest February on record with volume of almost a half-million TEUs.
Uncertainty over President Trump’s plans for more tariffs punctuated a week that saw trans-Pacific container rates fall more than 20% below 2024 lows.
Fight China’s shipping practices and revive U.S. shipbuilding, commenters tell the U.S. trade representative, but don’t punish domestic industry in the global market.
Maersk subsidiary APM Terminals has signed a 33-year lease with the Port Authority of New York and New Jersey, the longest in port history.
Port fees on Chinese ships are aimed at boosting U.S. shipbuilding but could have follow-on effects for intermodal traffic, too.
A top-secret group chat of U.S. officials discussing details of attacks aimed at reopening Red Sea shipping inadvertently included a journalist.
The National Transportation Safety Board said proper risk assessment by the state of Maryland could have averted the collapse of Baltimore’s Key Bridge that killed six road workers in 2024.
Cosco Shipping Holdings, China’s largest container carrier, saw heady improvement in revenue and profit in 2024.
The Port of Seattle says a controversial plan to rezone part of downtown for residential development will chip away at the city’s industrial base.
Ocean container rates on trans-Pacific routes to the U.S. continued to decline in the latest survey from Freightos.
The Port of Long Beach saw double-digit gains in overall container volumes in February.
Red Sea diversions hit liner operator Hapag-Lloyd’s profits despite higher revenues in 2024.
Rail traffic in the U.S. is staying ahead of 2024 levels, according to the Association of American Railroads.
The leading U.S. container gateway saw overall volume climb in February.
Fresh off a year of recovery and stabilization, chassis manufacturers are counting on upgraded technology and revitalized fleets to maneuver through challenges in 2025.
Canadian ports on both coasts are grappling with extended dwell times, according to forwarder DHL’s March ports update.
Wan Hai Lines, one of the Big Three Taiwanese container carriers, saw record revenue and profit in 2024.
President Donald Trump’s tariffs are creating uncertainty for the automotive manufacturing industry, an expert on supply chain risk says.
Evergreen Marine Corp., the world’s seventh-largest box carrier, saw revenue and profits climb in 2024.
Yang Ming Transport Corp. said the Red Sea crisis and emerging Asian markets helped profit soar by nearly $2 billion in 2024.
Container terminal operator DP World reported record revenue in 2024 but weaker overall profit.
Operational expansions and a strategic move to leverage earnings against the trans-Pacific spot market helped Zim to massive profits in 2024.
The parent of Orient Overseas Container Line said 2024 earnings grew on higher revenue from supply chain disruptions that pushed up ocean rates.
The Federal Maritime Commission wants to know whether foreign countries and their shipping companies are causing supply chain constraints around the world.
Tariff fears will continue to drive higher volumes of containerized imports this spring, according to the National Retail Federation’s Global Port Tracker.
The latest Drewry World Container Index finds ocean container rates down from pandemic highs but still above pre-pandemic levels.
Shippers and carriers watch and wait as Trump trade policy whipsaws supply chain strategies.
The International Longshoremen’s Association and United States Maritime Alliance signed a new six-year master contract covering U.S. Eastern Seaboard and Gulf Coast ports.
An oil tanker operating as a U.S. military support vessel was on fire off the coast of England Monday after it was hit by a Portuguese-flagged container ship.
While manufacturers initially sought tariff relief by relocating production to Southeast Asia, trade compliance experts say these “tariff-friendly” locations are increasingly vulnerable to reciprocal tariffs.
The logistics arm of the U.S. military wants to buy 10 cargo vessels to shore up its aging fleet of ships.
The Port Authority of New York & New Jersey saw continued strong container volumes in January.
A major U.S. shipyard has deployed 3D printing to create a key systems component during the construction of a new aircraft carrier.
While Red Sea conflict and the U.S. trade war depress container shipping rates, logistics services providers advise short-term flexibility to leverage emerging opportunities.
The French shipping and logistics conglomerate CMA CGM said it is investing $20 billion in its U.S.-based shipping, port and supply chain capabilities, using pro-American language that might appeal to President Trump.
Months of frontloading by importers has further weakened trans-Pacific container rates amid a seasonal lull.
Many major retailers are sounding the alarm about the potential impact of tariffs on their businesses and consumers, but some hope for benefits from the trade disruption.
President Donald Trump told Congress that the United States plans a range of incentives to revitalize domestic military and commercial shipbuilding.
A consortium led by U.S. private equity firm BlackRock has agreed to purchase the Panama port terminals owned by CK Hutchison of Hong Kong.
Theft of cargo cost Class I railroads more than $100 million in 2024, according to the Association of American Railroads.
A ONE container ship hit the bow of a Maersk boxship in Hong Kong.
The Trump administration said tariffs will be imposed Tuesday on goods imported from Canada and Mexico.
Marseilles, France-based CMA CGM saw shipping revenues and earnings improve on assorted geopolitical stresses in 2024.
Flexport founder Ryan Petersen and FreightWaves discuss the reasoning behind Flexport’s massive product release, the role of AI in global logistics and the evolving landscape of international trade regulations.
U.S. intermodal chassis manufacturers are again asking the federal government for protection against chassis made in Mexico, Vietnam and Thailand.
The Port of Baltimore saw its second-best year for cargo, as it continued to recover from the Key Bridge disaster.
Gulf Coast ports’ January cargo volumes were up in Houston and Corpus Christi, Texas, but mixed in New Orleans.
After months off frontloading by importers that boosted prices, container rates on the trans-Pacific are declining following Lunar New Year, said analyst Freightos.
Members of the International Longshoremen’s Association voted overwhelmingly to
approve a new six-year contract with employers at Eastern Seaboard and Gulf Coast ports.
Proposed U.S. port charges aimed at China are the latest undercurrents roiling the global container market.
In another aggressive move against China’s shipping dominance, the Trump administration has proposed fees on Chinese ships calling U.S. ports.
A plan to promote U.S. maritime interests by penalizing China shipping only complicates supply chain woes, say experts.
In a move targeting China’s maritime interests, the United States is proposing a range of fees that could cost ocean carriers millions of dollars each time they call a U.S. port.
An incorrect check valve led to the shipboard fire that killed two and injured one at Port Houston in 2024, according to the National Transportation Safety Board.
Frontloading of consumer goods through the Port of Long Beach ran volume to a record in January.
The leader of the International Longshoremen’s Association is urging rank-and-file members to approve a tentative contract with port employers in a ratification vote on Tuesday.
Despite an uncertain outlook for trade, the Port of Los Angeles saw its busiest January for container shipments.
The Federal Maritime Commission announced that it is eliminating a half-dozen DEI-related elements from its 2022-2026 strategic plan.
The OOCL Iris on Tuesday became the largest-ever container ship to call the Port of Charleston.
Shippers have won a reprieve from levies on the United States’ largest trading partners, but tariff threats are boosting frontloading.
The Jacksonville Port Authority has completed the first of two vehicle berth projects to handle additional vehicle vessel calls.
A crew of 20 was safely rescued from the container ship MSC Baltic III after it ran aground off Nova Scotia.
India plans a wide-ranging maritime initiative that includes the launch of a new container line.
U.S. rail traffic has risen for the fifth time in the first six weeks of 2025.
The developing U.S.-China trade war will likely keep eastbound trans-Pacific container rates elevated as shippers pull imports forward.
Gaia Dynamics is arming customers with AI-driven tools to accelerate the tariff code classification of products.
Retailers will continue to bring shipments forward, elevating imports through major container gateways, according to the last Global Port Tracker forecast.
While the head of the Suez Canal expects shipping to normalize by late March, container shipping lines see a longer timeline.