Container rates on the closely-watched eastbound trans-Pacific fall to their lowest levels since before the Red Sea crisis erupted in 2023.
President Donald Trump’s 50% tariff on imported steel and aluminum has been expanded to include products such as auto parts, EV components, railcars, and marine engines.
ZIM Integrated Shipping Services Ltd. saw earnings sag as President Trump’s trade war on China hit trans-Pacific container volumes.
Tariffs could help the Trump administration’s aim to return the US to a manufacturing power, experts say.
New bipartisan legislation aims to get “skin in the game” on trade and tariffs.
Container rates on the eastbound trans-Pacific braked their slide after tariffs fueled record volumes.
July was a record month for the Port of Los Angeles, as monthly container volumes for the first time topped 1 million TEUs.
U.S. and China extend tariff pause, averting higher duties until Nov. 10.
Imports of containerized cargo through U.S. ports finished just shy of a monthly record in July, headlined by a recovery of China shipments through the busiest American gateways.
The Trump Administration’s tariff policies are becoming a normalized part of the global trade industry, expert says.
Of all the negative financial news in the second quarter, there may have been no worse performance than truck sales.
Retail industry trade group forecast import volumes to finish this year 5.6% behind 2024 levels.
The decline of ocean container rates on the critical Asia-U.S. route is unstoppable amid President Trump’s economic war on China and reset of global trade policy, says analyst Xeneta.
Shipments of freight by rail continue to run ahead of year-ago levels, according to the latest data from the Association of American Railroads.
The recent storm of trade news failed to move the needle for trans-Pacific container rates.
Matson said earnings were weaker as trade and tariff volatility hit volumes on China routes.
The U.S. stock market tumbled on Friday after President Donald Trump announced sweeping new import tariffs.
The US and Mexico announced on Thursday a 90-day extension to negotiate a long term trade deal.
The Trump administration announced a trade deal to impose a 15% tariff on imports from South Korea.
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.
