transpacific trade
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Regulatory Agencies
Exporters ratchet pressure on Biden to take on shipping challenges
U.S. agribusiness exporters claim they are poised to lose 22% of sales due to massive increases in container shipping rates.
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Regulatory Agencies
Swiss megaship operator rejects allegations of collusion by US shipper
A U.S. manufacturer defends its complaint filed against container ship giant MSC with the Federal Maritime Commission despite the carrier’s denial of contract violations.
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Regulatory Agencies
US company sues ‘collusive’ ocean carriers, alleging price manipulation
An American company has accused foreign ocean carriers of abusing the container market to pad their profits.
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Regulatory Agencies
Regulator wants more ‘enforcement capacity’ against container lines
The chairman of the Federal Maritime Commission defends the lack of fines levied in 2020 while requesting a funding boost for 2022.
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Regulatory Agencies
Maritime regulator signs first-ever competition agreement with Justice Department
The Federal Maritime Commission has partnered with the DOJ to pursue competition violations.
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FreightWaves Classics
FreightWaves Flashback: Study shows Pacific container trade slowing down
1988: The U.S.-Far East container trade will undergo a significant drop in growth over the next few years, according to a study recently completed by…
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News
Why leaving China for tariff-free shores is no easy task
A trade war truce is not stopping multinationals from exploring alternative sourcing options to China, but moving supply chains is difficult, says expert.
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American Shipper
China-US trade truce is no trans-Pacific savior
Hopes that last week’s trade deal might boost the beleaguered shipping lane are overly optimistic, says analyst.
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American Shipper
Chinese export contraction continues as US tariffs bite
After adjusting for Lunar New Year distortions, the growth rate for Chinese exports to the U.S. in November was the lowest since January 1996.
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American Shipper
Analyst: The US-China trade war is ‘sucking the life’ out of trans-Pacific trade
The shift of production from China to southeast Asia is unlikely to stop the trans-Pacific container market from declining this year.
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