Ocean container rates on the key Asia-U.S. trade lanes continued their downward trend in the latest Freightos index.
Shippers are paying an average 21% tariff on containerized imports entering the United States, ocean line Maersk said.
The outlook for Asia trade agreements is improving, which is more than can be said for container rates on the eastbound trans-Pacific.
Maersk has rolled out an AI-powered program aimed at streamlining complex customs processes.
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.
For the second year in a row, the chief worry among maritime executives is political instability, according to a new industry survey.
A federal court blocked President Trump’s sweeping tariff plans. The ruling will likely be elevated to the Supreme Court.
Carload volumes for North American railroads are still running ahead of year-ago levels.
The Trump administration is reshaping global trade, and the effects are being felt in the ocean and air freight sectors.
Fight China’s shipping practices and revive U.S. shipbuilding, commenters tell the U.S. trade representative, but don’t punish domestic industry in the global market.
The leading U.S. container gateway saw overall volume climb in February.
China’s share of U.S. manufactured goods imports is falling, while Vietnam’s and Mexico’s are rising.
Retailers will continue to bring shipments forward, elevating imports through major container gateways, according to the last Global Port Tracker forecast.
Trans-Pacific container rates eased in the most recent week as Chinese manufacturing and logistics activity wound down for the Lunar New Year holiday, which began Wednesday. Asia-U.S. West Coast ocean rates fell 7% to $4,938 per forty-foot equivalent unit for the week ending Jan. 24, according to the Freightos Baltic Dry Index. Asia-U.S. East Coast […]
The dollar value of cross-border freight moving between the United States, Canada and Mexico in November was unchanged from the previous year.
Bond yields are falling and GDP growth is weakening in China as exporters cut prices.
After a year marked by port congestion, vessel diversions and longshore labor issues, maritime shipping is bracing for the unknown in 2025.
Credit evaluator Fitch Ratings is changing its outlook for global container shipping in a move that could make it easier for vessel operators to issue debt or borrow money.
The American Apparel & Footwear Association called on port employers and the International Longshoremen’s Association to work out their differences over automation and avoid another strike in January.
A plethora of factors will weigh on container prices in 2025 as shippers manage their businesses in a changing supply chain.
A new four-lane bridge is a key piece of a logistics project aimed at making Burns Harbor a destination for international cargo.
Ocean container rates to the U.S. remained steady as shippers maneuver to minimize the effects of higher tariffs and a potential port strike in 2025.
High tariffs on Chinese imports, promised by President-elect Trump, will likely slow U.S. trade in 2025 as uncertainty hinders investment in reshoring of manufacturing, a trade analyst predicts.
Importers with the National Retail Federation fear a second Trump administration could hurt business with higher tariffs on consumer goods.
