CMA CGM revenue, earnings decline on China tariff fight
CMA CGM, the world’s third-largest ocean container carrier, said profits fell in the second quarter as trade disputes hit U.S. imports from China.
CMA CGM, the world’s third-largest ocean container carrier, said profits fell in the second quarter as trade disputes hit U.S. imports from China.
President Donald Trump said that he will not extend Friday’s deadline for his “reciprocal” tariffs on dozens of U.S. trading partners.
Freight rates on U.S. ocean trade routes hold steady as shippers and carriers wait out trade talks, tariff deadlines.
The sequential numbers at TFI in the second quarter were taken as positive by the investment community.
The U.S. and the European Union have established the framework of a deal that could set tariffs at 15% for most imports from the 27-nation bloc.
This week in Borderlands: Experts say US Tariffs negatively impact businesses, consumers; CTPAT Informational Conference draws over 400 in Laredo; and TP Trucking and Logistics opens transload facility in Texas.
Despite U.S. tariff impacts, Drewry’s Global Container Port Throughput Index rose modestly in May, but better year-on-year, indicating global trade flows are adjusting.
Shippers are stepping back from the trans-Pacific trade amid trade uncertainty and tariff fatigue.
The Trump administration announces trade deals with Japan, Indonesia and the Philippines on Tuesday.
Tariff and trade uncertainty led CN to cut its outlook for the full year even as lower costs helped improve income amid declining revenues.
Small- and medium-sized businesses are feeling the tremors of unpredictable U.S. trade policy and dozens of recent tariff changes.
Ocean container rates on the Asia-U.S. trade lane continue to fall, according to Drewry’s latest data.
Intermodal, coal, and grains are driving Class I railroad traffic higher.
Uncertainty over tariffs and shifting supply chains undercut the Port of Oakland’s June container volume.
Declining demand and a global tariff fight continue to undermine ocean container rates on key Asia-U.S. trade lanes.
The Port of Los Angeles saw container volume surge 8% to a monthly record in June.
Mexico is aiming for a U.S. trade agreement before the Aug. 1 deadline, while the European Union said it is ready to retaliate against any tariffs.
The U.S. is withdrawing from a three-decade-old tomato trade agreement with Mexico on Monday.
Ocean container indicators turn negative as importers wait for developments on tariffs and trade policy.
President Donald Trump on Saturday said he will impose a 30% tariff on imports from Mexico and the European Union.
President Donald Trump plans to impose a 35% tariff on imports from Canada starting Aug. 1.
President Donald Trump said he is considering 50% tariffs on imports from Brazil over the prosecution of its former president.
Ocean container rates on the key Asia-U.S. trade lanes continued their downward trend in the latest Freightos index.
President Donald Trump said he will impose a 50% tariff on copper imports, and is mulling a 200% levy on imported pharmaceuticals.
Containerized imports through U.S. ports staged a modest comeback in June following a sharp drop in May.
In this edition: breaking down the new deadline for tariffs and expansion into Mexico.
President Donald Trump informed more than a dozen nations on Monday that higher import tariffs could go into effect on Aug. 1.
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Trump sets August tariff start just ahead of Wednesday’s deadline for more than 90 U.S. trade partners.
Shippers are paying an average 21% tariff on containerized imports entering the United States, ocean line Maersk said.
President Donald Trump announced a trade deal with Vietnam on Wednesday as the deadline approaches for ‘reciprocal’ tariffs on 90 countries.
The outlook for Asia trade agreements is improving, which is more than can be said for container rates on the eastbound trans-Pacific.
Once the exception and now the rule, disruptions are a way of life in the global supply chain. But experts told a recent podcast that shippers can still make hay even as they take steps to find their way.
https://www.freightwaves.com/news/us-taking-closer-look-at-ocean-carriers-antitrust-immunity
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On episode 855 of WHAT THE TRUCK?!? Dooner is joined by U.S. Transportation Secretary Sean Duffy. Duffy is here to announce a new pro-trucker package and nationwide audit of non-domiciled CDLs. The pro trucker package addresses parking, bad brokers, removes speed limiters and more. We’ll learn how Secretary Duffy plans to Make Trucking Great Again. […]
Container rates are giving back recent gains, as U.S.-bound container traffic slumps after a surge fueled by the tariff pause. Shipping consultancy and SONAR data partner Drewry saw its World Container Index fall 9% this week, the second consecutive weekly drop following five weeks of gains. “This decline is a direct result of low demand […]
The Port of New York-New Jersey led all U.S. container hubs in May as tariffs dragged imports at the southern California port complex.
The U.S. and China said they have agreed on a deal to reduce tariffs and expedite shipments of rare-earth metals.
At the June State of Freight webinar, Fuller and Strickland see some data that may be an impact from the ELP rule.
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With the July 9 deadline for finalizing trade deals approaching, the Trump administration is advancing its global tariff strategy. This report outlines the latest developments in tariff implementations and ongoing negotiations with key trading partners. Details of U.S.-China Trade Deal High-level negotiations in London, concluded on June 10, 2025, have produced a framework agreement with […]
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The conflict between Israel and Iran has yet to hit tanker or container rates, while prices on the eastbound trans-Pacific may have peaked.
Tariffs helped snap 10 straight months of growth at the Port of Los Angeles, but a Yale economist says that the worst could be yet to come.
President Donald Trump on Monday signed an agreement lowering tariffs on some imports from the United Kingdom.
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Container rates on the Asia-U.S. trade lane surged as shippers rushed early peak- season traffic and carriers announced general rate increases, according to SONAR and Freightos data.
After months of back and forth, President Trump says a deal with China is done.
Logistics’ share of US GDP rose in 2024, and CSCMP doesn’t see it declining any time soon.
New tariff calculator tools aim to help shippers calculate import fees amid shifting global trade policies.
Bringing the policy talk down to the warehouse floor, a panel at Cart.com’s annual customer event outlined how brands are actually coping with the new reality of shifting tariff policies.
The pause in tariffs will boost containerized imports through U.S. ports this summer, according to the National Retail Federation, but at lower levels than a year ago.
Trac Intermodal is positioning its leading fleet of 200,000 chassis to support a tariff pause-fueled surge of import containers.
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Container rates continue to soar, says Xeneta, as shippers look to take advantage of the pause in the China-U.S. tariff fight.
Freightos Baltic Index container rates showing the effects of the China-U.S. tariff break and carrier rate hikes.
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President Trump’s 50% tariffs on almost all imported steel and aluminum into the U.S. took effect on Wednesday.
The Port of New York-New Jersey saw April container volumes rise 6% from the same month a year ago.
President Donald Trump said he will impose 50% tariffs on foreign steel, raising the rate from his original announcement.
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Retaliatory tariffs from trading partners, like China’s response to the retaliatory tariffs, could linger, complicating cross-border freight.
A federal appeals court sided with the Trump administration in temporarily staying a ruling that blocked most of the president’s tariffs.
Global leaders and trade stakeholders are reacting positively to a court ruling blocking tariffs imposed by President Donald Trump.
What happens now that a federal court striking down tariffs as “unconstitutional”?
FreightWaves CEO and founder Craig Fuller analyzed the latest SONAR data on the State Street Markets podcast and says he’s upbeat about the freight market for the latter half of 2025.
In the calm before the surge, BNSF is confident its network can handle the coming wave of import containers from Asia.
A federal court blocked President Trump’s sweeping tariff plans. The ruling will likely be elevated to the Supreme Court.
Carriers are pushing for big increases in the Asia-U.S. trade, but it remains to be seen how desperate shippers are to secure capacity, says a Xeneta analyst.
Maersk (OTC: AMKBY) and Hapag-Lloyd (OTC: HPGLY) announced new container services from East Asia to the U.S. Port of Long Beach. The additions by the Gemini Cooperation partners, which include the redeployment of at least one ship back into the eastbound trans-Pacific to U.S. West Coast trade, come as carriers scale up during a 90-day […]
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President Donald Trump on Friday made new trade threats against the European Union and iPhone maker Apple.
Ocean container rates are surging after the tariff ceasefire stoked demand from China to the United States.
Intermodal volumes so far seem to be dodging the “air pocket” expected in the wake of steep tariffs on goods from China.
The Port of Savannah saw record container traffic for the month of April, the third straight record month for the Georgia gateway.
The ITS Logistics US Port/Rail Ramp Freight Index shows looming issues at rail terminals and an early peak season ahead.
Los Angeles’ port chief doesn’t foresee a “huge surge” of import traffic at the busiest U.S. container hub during the tariff pause.
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The Port of Long Beach, California, saw record container volume as the China-U.S. tariff fight spurred frontloading by importers.
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Integrating multimodal transportation data with inventory data is key.
The tariff pause saw Hapag-Lloyd bookings from China to the United States increase 50%.
It’s a whole new freight market from what it was just a month ago, according to the May State of Freight webinar.
Cross-border tensions are moderating Canadian National’s outlook, but its CEO still expects around 3% growth in freight volumes this year.
Is this hot week in freight markets sustainable; I-75 crash update; and more.
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.
On Episode 837 of WHAT THE TRUCK?!?, Dooner is coming back from Mother’s Day with news on a U.S.-China trade deal. With the U.S. dropping tariffs from 145% to 30%, will it save the summer freight market? We’ll find out why freight leaders are bullish. Vincent Carrano at Fenichey LLC shares why he recently FreightGuarded […]
The Port of Virginia wants container shippers to know that it’s not beholden to China.
The 90-day tariff pause is likely to provide a bump to transportation rates as shippers take advantage of the new window.
The Trump administration said on Sunday it has reached a trade deal with China after two days of negotiations in Geneva.
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The world’s dominant supplier of container gantry cranes has told the Trump administration that a proposed 100% tax on its equipment will damage the U.S. economy.
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