The new tariffs, announced a day after the Fed cut rates, will affect mostly consumer goods.
Ocean Network Express (ONE) expects slightly better profit this year than previously forecast as costs drop one year into its full operation. But overall demand remains tepid as it lowered full-year revenue targets and reduced service in the trans-Pacific shipping market. ONE, the container ship joint venture of Japan’s largest shipping companies, made the forecast […]
U.S. next day air volumes set the pace for UPS’ second-quarter results
Ben Thrower explores the financial and political influence that China is wielding in Panama and around the Panama Canal.
The U.S. fireworks supply comes primarily from China, and one company controls most of that trade. Read Market Expert Henry Byers’ fascinating article about fireworks!
Cathy Roberson writes about Vietnam’s growth as a manufacturing center as manufacturing moves from China to other nations in Southeast Asia.
Scott Case explores the reasons behind the recent FedEx lawsuit against the U.S. Department of Commerce.
The FreightWaves Freight Intel Group is producing research culled from FreightWaves SONAR and other sources. Read about its first several research papers and how to learn more.
Donald Broughton explains the harm that tariffs can do to the economies of the United States, the country(ies) that tariffs are imposed on and the global economy.
Supply chains are forced to contend with risks involving border skirmishes, trade wars and embargoes, with even climate change having a bearing on its fortunes.
The Port of Los Angeles expects cargo volumes to dip in the coming fiscal year due to the fall-off from last year’s front loading of containers and the potential impact of new tariffs. The slowdown underscores the growth slowdown that intermodal rail and trucking face in 2019 after last year’s big rush of freight from […]
Market expert Henry Byers examines the U.S.-Chinese trade war and its impact on imports and the broader economy.
Market expert writes about how current trade issues between the U.S. and China, the U.S. and Mexico and the U.S. and the EU may disrupt supply chains and cause economic problems.
Trade war tariffs are hurting the competitiveness U.S. businesses working in China, according to the American Chamber of Commerce in China (AmCham China). Tariff troubles increased over the weekend as the latest round of Chinese tariffs on $60 billion of U.S. goods began on Saturday, June 1.
Flexport hired a former White House trade and economic advisor in a bid to harness research from the digital first forwarder’s datasets and to help customers navigate the shifting sands of trade. The San Francisco-based company named Dr. Phil Levy as its first Chief Economist. Dr. Levy, who earned a Ph.D. in economics from Stanford […]
Improved vessel utilisation is the key to maintaining profitability in what is expected to be a challenging market according to Soren Skou, Chief Executive Officer of Maersk (Nasdaq OMX: MAER). The company has maintained a tight rein on capital expenditure over the past year with no large terminal projects or costly new ships ordered and […]
Hyundai Merchant Marine (KSE: 011200) started off 2019 much as it ended 2018, racking up losses. Despite a first quarter gain in volume that boosted revenue, fuel prices and finance costs from the Korean company’s debt load continue to weigh on results. The last of South Korea’s container line operators, Hyundai Merchant Marine reported a […]
Beijing has sworn to institute countermeasures to combat a huge increase in tariffs, from 15 percent to 25 percent, that have been imposed by Washington on $200 billion worth of a wide range of Chinese goods. A set of high-level, last-minute, talks yesterday to postpone or prevent the tariffs failed.
U.S. maritime’s economic contributions may be at risk if Chinese tariffs remain in place.
John Garamendi (D-CA) asserted energy exports are tied to US shipbuilding and national security.
