4 SONAR charts to watch for tariff impacts
The strength in ocean bookings today will not translate into domestic freight volumes until May at the earliest.
The strength in ocean bookings today will not translate into domestic freight volumes until May at the earliest.
Low-value shipments from China to the United States are expected to plunge in May when their eligibility for duty-free status ends and new tariffs of 104% are applied to e-commerce orders.
Forward Air said Wednesday that 10% to 15% of last year’s revenue would have been impacted by the new tariffs.
The European Union on Wednesday approved tariffs, slated to take effect April 15, of up to 25% on more than $22 billion worth of U.S. goods.
China-to-U.S. freight has been hit especially hard by President Trump’s tariffs.
President Donald Trump’s wide ranging “reciprocal” tariff policy went into effect at 12:01 a.m. on Wednesday, including 104% duties on goods from China, as well as various levies on imports from about 90 other U.S. trading partners. Officials in China on Wednesday announced retaliatory duties on U.S. imports to 84%, up from 34%, starting on […]
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The chief executive of Union Pacific says his railroad will work through trade uncertainties the same way it worked through the tech bubble and the pandemic.
President Donald Trump has threatened to add 50% additional tariffs on imports from China starting Wednesday.
The Trump administration is reshaping global trade, and the effects are being felt in the ocean and air freight sectors.
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Container traffic at the busiest U.S. import gateway is expected to drop by 10% in the second half of the year.
China is retaliating against President Trump’s reciprocal tariffs with 34% duties on U.S. imports.
The Trump administration is ratcheting up regulation of e-commerce shipments from China by removing a pathway for duty-free, expedited entry that critics say has been exploited by drug gangs and counterfeiters to smuggle illegal products into the U.S.
Inside the WHAT THE TRUCK?!? newsletter: the industry reacts to Liberation Day tariffs
Stellantis said on Thursday it paused production at assembly plants in Canada and Mexico and temporarily laid off 900 U.S. employees.
Retail sales are forecast to total as much as $5.48 trillion in 2025, according to a new forecast by the National Retail Federation.
The U.S. Senate adopted a resolution to repeal the emergency declaration that allowed President Donald Trump to place tariffs on Canada.