Tariffs, trade changes hit Port of Oakland volumes
Decrease in Oakland port volume reflects tariff uncertainty and shifting global trade flows, over seasonal trends.
Decrease in Oakland port volume reflects tariff uncertainty and shifting global trade flows, over seasonal trends.
China-to-U.S. freight has been hit especially hard by President Trump’s tariffs.
Donald Trump claimed his trade war got the Chinese to bend to U.S. will. But the “historic” trade deal he negotiated didn’t turn out so well.
What the war of words between the U.S. and China means to ocean shipping.
CIE Manufacturing has made the move to U.S. production.
CNBC’s Lori Ann LaRocco provides commentary on how the Phase One trade deal between the U.S. and China has not worked as thought, at least to date….
“This agreement will help our farmers and ranchers by maintaining export markets, which will reduce the overall impact of an outbreak to our agriculture industry,” USDA said.
The Chinese government is using the reason “Acts of God” to void many contracts due to coronavirus. Darren Prokop explores whether that is hurting current trade and will impact trade in the future.
“China has continued to embrace a state-led, mercantilist approach to the economy and trade, despite WTO members’ expectations,” the Office of the U.S. Trade Representative said in its annual report to Congress.
The trade war between the U.S. and China caused companies to adapt supply chains and the transportation of their products. Darren Prokop writes about those changes and their impacts.
The Artic Ocean may be the next area that sees the superpower nations “rubbing up” on each other in search of faster ocean passage and a new source of natural resources.
EXPD earnings fell 23% year-over-year; management cited the business cycle and warned about Q1 coronavirus impacts.
Lori Ann LaRocco writes about the impact of coronavirus on maritime trade between China and the U.S.
The country’s Customs Tariff Commission, which announced the move Thursday, said the reductions will take effect Feb. 14.
President Trump tells the nation he kept his campaign promise to renegotiate the 26-year-old trilateral trade agreement with Canada and Mexico.
UPS posts largely expected Q4 results as operating gains and nontax and after-tax charges cancel each other on the bottom line.
Quarantines and factory shutdowns could deepen and extend the traditional Chinese New Year trough.
FreightWaves’ maritime Market Expert Henry Byers provides insight regarding the Phase One trade deal between the United States and China.
Ocean carriers not looking at additional trans-Pacific services as Phase One deal unlikely to stem trade slowdown.