Tariffs pointing to historic import gap for U.S. container ports: Analyst
The busiest U.S. container ports saw a modest rise for import container volumes in July as shippers raced to beat the Trump administration’s early August tariff deadlines.
The busiest U.S. container ports saw a modest rise for import container volumes in July as shippers raced to beat the Trump administration’s early August tariff deadlines.
Mexico is proposing a 50% tariff on Chinese imports while banning shoe and small-package shipments to align with U.S. trade pressures.
A formal trade framework between the EU and U.S. should stabilize container cargo flows on trans-Atlantic routes, says forwarder Kuehne & Nagel.
More shippers are tapping United-States-Mexico-Canada Agreement exemptions to avoid higher duties.
After tariff worries chased up import volumes in July, ocean freight rates have steadily fallen on frontloading, capacity issues.
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.