Restrictive trade policies are contributing to the nationwide shortage of infant formula because products can’t be easily substituted from abroad.
Anthony Smith and Zach Strickland break down the differences between free trade and protectionism and how it will shape the freight landscape in the future.
Even if the border remains open to freight, shutting out the ~500k workers, students, shoppers, and tourists who legally cross each day would still have a major economic impact.
Missing USDA data on wheat stockpiles has traders reacting cautiously.
Capacity constraints, strong demand, and chaotic tariff-related traffic pushed transpacific containers rates to new heights, but the current inbound container surge, unrelated to consumer demand, will create a steeper drop off in Q1 2019.
Senator Bob Corker (R-TN) spoke to FreightWaves about his efforts to rein in what he called the Trump administration’s abuse of authority in imposing tariffs on the United States’ allies and trade partners.
