US may put off auto tariffs again, Commerce secretary says
Commerce secretary says talks on foreign automaker investment in the U.S. may again delay imposition of tariffs on imported vehicles.
Commerce secretary says talks on foreign automaker investment in the U.S. may again delay imposition of tariffs on imported vehicles.
American Airlines [NYSE: AAL] won’t have to make any major fleet decisions for at least six years after completing a $30 billion, multiyear modernization program, positioning American to significantly increase free cash flow and returns to shareholders, according to company executives. Since 2013, the Dallas-based airline has replaced nearly 500 aircraft and now has about […]
September saw China record its lowest monthly export growth to the U.S. since 1996 as the trade war inflicted more damage.
Large aircraft are included on the list of $7.5 billion worth of European imports that will be subject to new U.S. tariffs starting Oct. 18. That means U.S. airlines with orders for Airbus aircraft could pay more than expected. During Thursday’s (Oct. 10) earnings call with analysts, Delta Airlines [NYSE: DAL] CEO Ed Bastian expressed […]
At the center of the Trade War between the U.S. and China are the American ocean ports.
VLCC rates are now at or near $100,000 per day, courtesy of U.S. sanctions targeting China’s COSCO.
The transfer of production out of China to avoid U.S. tariffs of up to 25% is having a tangible impact on global trade flows.
U.S. sanctions targeting a subsidiary of China’s COSCO Shipping could have far-reaching consequences.
Flexport’s head of airfreight believes a small bump in demand out of Asia could result from new U.S. tariffs, while higher fuel prices will push up air cargo costs.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: San Antonio secures $1.2B deal with manufacturers; United States ends Mexican tomato investigation; Otay Mesa adds industrial park along US-Mexico border; CBP seizes $1M worth of drugs at the Pharr International Bridge. Proximity to Mexico helps San […]
BIMCO says there are “several indications” that goods are being shipped from the Far East to Europe and then transshipped to the U.S. East Coast to avoid tariffs.
President Trump announced that the U.S. will delay the next round of scheduled tariff increases.
The announcement comes after Beijing announced its first round of tariff exemptions for U.S. goods earlier in the day.
Come on ride the ragin’ rollercoaster! First, Target tells suppliers to eat higher tariff-related costs, and Zach Strickland tells us why this has been one of the toughest freight cycles on record, and more.
The U.S. Department of Commerce recently issued 31% tariffs on structural steel imports from Mexico and 141% tariffs on steel from China. U.S. officials made a determination that producers in both Mexico and China had dumped fabricated structural steel on the U.S. market at prices below fair market value, hurting the U.S. steel industry. “The […]
How tariffs played a role in Amazon deforestation.
How Flexport is managing the challenges of todays air cargo environment
The trade war with China has altered international shipping patterns, which has started to shift freight volumes to the East Coast.