Panic? What panic? Port of Los Angeles sees record 1 million containers in July
July was a record month for the Port of Los Angeles, as monthly container volumes for the first time topped 1 million TEUs.
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.
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.