New tariffs by the Trump administration on products from China, Canada and Mexico will hit companies and consumers with increased costs, experts said.
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.
Container rates to the U.S. West and East coasts stayed above $5,000 per FEU as tariff talk and labor issues shadowed shippers’ plans.
President-elect Donald Trump’s plans to impose 25% tariffs on goods imported from Mexico and Canada could have a chilling impact on cross-border rail traffic, which has been one of the few sources of volume growth for North American Class I railroads.
Trump plans for tariffs on all imports from Canada, China and Mexico starting Jan. 20.
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.
Blanket tariffs, like any other tax, may include certain exemptions. It is these exemptions — not the tariffs themselves — that are the real tool.
If China retaliates against tariffs on exports to the U.S. with its own tariffs, it could increase prices for Chinese consumers.
While imposing tariffs in the past has done damage to the U.S. economy, today’s incoming tariffs are likely to have a different outcome for a multitude of reasons.
Consumers are concerned that imposing tariffs means retailers will raise the price of goods. But retailers are likely to look for other sourcing options and new strategies.
China isn’t about to let its export market go belly-up. Instead, it will do what it always does – pump money into its industries to soften the blow of U.S. tariffs.
Donald Trump’s election victory has huge implications for U.S. trade and tax policies, climate change, the war in Ukraine, electric vehicles, and illegal immigration. Here is a summary of policies he has said he will pursue in his second term.
COVID-19, a shift in China’s main focus, an imbalance in U.S. trade with China and more all mean reassessing how nations engage with global trade.
For months now, it has been clear that shippers have frontloaded record imports to the country, largely to avoid expected tariffs.
President-elect Donald Trump’s campaign focused heavily on tariffs against China. Now that he’s won, tariffs are getting a lot of attention. But the issue has more than economic implications. It is about national security.
Importers with the National Retail Federation fear a second Trump administration could hurt business with higher tariffs on consumer goods.
This week in Borderlands: Gulf Coast ports slam US tariffs on Chinese container cranes; Volkswagen inaugurates $114M Gulf Coast shipping hub in Texas; Southeastern Freight Line launches direct route to New Mexico; and Warehouse On Wheels opens location in Mexico.
Presidential nominee Donald Trump calls for 200% tariffs on John Deere tractors if the company moves more jobs to Mexico.
A new White House effort to reduce the amount of online orders from China that enter the country duty free isn’t likely to interrupt the Shein and Temu business, but could have ramifications for U.S. consumers and retailers.
Canada is launching a 100% tariff on imports of electric vehicles made in China, citing unfair competition that it says threatens the global EV market.
China-based companies continue to ship more goods to the U.S. through countries like Thailand and Mexico to circumvent steep tariffs, say U.S. manufacturers and lawmakers.
U.S. officials announced a delay on the start of new tariff increases on Chinese imports, including a 25% tariff on China-made ship-to-shore cranes.
Port Houston saw a surge in container exports in June, while crude oil exports rose at the Port of Corpus Christi.
Direct-to-consumer tech provider ESW is partnering with UPS to offer e-commerce brands quicker access to cross-border shipments.
The ports of Los Angeles and Long Beach are turning to heavy-handed tactics to address a container logjam that is gumming up supply chains.
FlavorCloud has secured $6.3 million in funding to help expand its global presence as it works to build a seamless global e-commerce logistics network.
Andrew Cox explores how tariffs and trade policies can impact the retail landscape in the United States.
Gina Raimondo will be the anti-Wilbur Ross as secretary of commerce, with less focus on protectionism.
A look back at the days after the 2016 presidential election and the strange case of “The Donald Trump Shipping Stock Boom.”
High cost of repositioning reefer equipment is hitting food exporters hard amid ongoing tariff fallout.
Cargo mix and larger locks kept Panama Canal volumes rising despite headwinds.
“China and tariffs: Why COVID has actually increased cargo yields” was the topic of a virtual fireside chat at the American Shipper Global Trade Tech Summit.
Some U.S. importers worry the Trump administration’s actions could lead to new tariffs or other restrictions.
U.S. importers turn to Chinese sellers in the wake of COVID.
Commercial fishing is big business in Alaska. And like all industries, it depends on supply chains to work properly…
Although “Containers Don’t Lie,” the story they are telling may not reveal the entire picture.
Chattanooga-based Tranco Global brings customs expertise in house.
Production of most Christmas lights has moved Cambodia and other Asian countries from China.
United Airlines continues to build more of its fleet around Airbus aircraft with an order for 50 narrow-body A321s.
Preliminary orders for new Class 8 trucks tumbled again in November after one month of improved bookings, new evidence that a slowing manufacturing economy is sapping all but critical replacement demand.
Trade tensions look like they’ll get worse before they get better, a negative for ocean shipping demand.
An Office of the U.S. Trade Representative investigation concludes that a French tax on digital services discriminates against U.S. companies, such as Google, Apple, Facebook and Amazon.
China’s exports to the U.S. contracted last month. Even so, slowing U.S. exports to its trade rival saw China’s trade surplus with the U.S. widen.
Enterprise supply chain solutions provider LLamasoft has introduced a new taxes and duties analytics service on its platform, which will help companies navigate the complex environment of fluctuating global tariffs while optimizing strategic decisions.
Truck parking is not only a safety issue, but also an issue of driver rest. Reliance Partners, along with TruckPark, is exploring how truck parking reservation systems could help drivers get better rest and improve roadway safety.
Commerce secretary says talks on foreign automaker investment in the U.S. may again delay imposition of tariffs on imported vehicles.
American Airlines [NYSE: AAL] won’t have to make any major fleet decisions for at least six years after completing a $30 billion, multiyear modernization program, positioning American to significantly increase […]
Register today to hear how you can work to optimize warehouse space and maximize efficiency to keep freight moving and keep your customers happy.
September saw China record its lowest monthly export growth to the U.S. since 1996 as the trade war inflicted more damage.
Large aircraft are included on the list of $7.5 billion worth of European imports that will be subject to new U.S. tariffs starting Oct. 18. That means U.S. airlines with […]
At the center of the Trade War between the U.S. and China are the American ocean ports.
VLCC rates are now at or near $100,000 per day, courtesy of U.S. sanctions targeting China’s COSCO.
The transfer of production out of China to avoid U.S. tariffs of up to 25% is having a tangible impact on global trade flows.
U.S. sanctions targeting a subsidiary of China’s COSCO Shipping could have far-reaching consequences.
Flexport’s head of airfreight believes a small bump in demand out of Asia could result from new U.S. tariffs, while higher fuel prices will push up air cargo costs.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: San Antonio secures $1.2B deal with manufacturers; United States ends Mexican tomato […]
BIMCO says there are “several indications” that goods are being shipped from the Far East to Europe and then transshipped to the U.S. East Coast to avoid tariffs.
President Trump announced that the U.S. will delay the next round of scheduled tariff increases.
The announcement comes after Beijing announced its first round of tariff exemptions for U.S. goods earlier in the day.
Come on ride the ragin’ rollercoaster! First, Target tells suppliers to eat higher tariff-related costs, and Zach Strickland tells us why this has been one of the toughest freight cycles on record, and more.
The U.S. Department of Commerce recently issued 31% tariffs on structural steel imports from Mexico and 141% tariffs on steel from China. U.S. officials made a determination that producers in […]
How tariffs played a role in Amazon deforestation.
How Flexport is managing the challenges of todays air cargo environment
The trade war with China has altered international shipping patterns, which has started to shift freight volumes to the East Coast.
Asia-U.S. container rates are still not showing peak-season strength, but optimism remains.
Can listed shipping shares break out of their slump before the U.S.-China trade dispute is resolved?
North Asia revenues were down 8.5 percent, but EXPD improved productivity.
ISM data in both the service sector and manufacturing sector suggest the economy is slowing and recent tariffs could make things worse
Drewry says it expects a brief spike in transpacific freight rates to the U.S. West Coast following President Trumps threat to impose a new round of tariffs on imports from China.
Ports are asking that Chinese-made container cranes be excluded from the list of products on which President Trump has threatened a 10 tariff.
Warehousing markets have just recovered from the last round of tariffs and there is not a lot of slack.
On this historic WTT, Chad returns and joins Dooner on this odyssey of freight. We have breaking news about Trump’s new tariffs against China. Plus, K Ratio joins us to […]
The new tariffs, announced a day after the Fed cut rates, will affect mostly consumer goods.
Flexport’s customers have seen average landed unit costs rise by 30 percent due to tariffs.
It may have gotten lost in the United States’ trade war with China and immigration battle with Mexico, but President Donald Trump’s steep tariffs on all imported steel and aluminum […]
On WTT’s July Fourth spectacular, we are covering all the latest headlines and focusing on the shadow world of fireworks with market expert Henry Byers. Ashutosh Prasad of Koi Reader […]
Dry bulk shipping could be a winner following the ceasefire in the trade war between the U.S. and China.
No single country can absorb the trade flow from China to the U.S., and likely contenders are already growing faster than capacity.
The Trump administration is considering levying tariffs on the remaining $300 billion of Chinese exports to the United States so far unaffected by duties. Freight Intel, FreightWaves’ proprietary research group, […]
President suggests he’s willing to impose levies on Canada and Mexico during appearance with Prime Minister Justin Trudeau.
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.
President Donald Trump said he has called off plans to impose tariffs on Mexico, tweeting on Friday night that the Mexican government has “agreed” to stem the flow of Central […]
Today on FreightWaves NOW, we bring you the economic data that supports a broad slowdown. We examine the Laredo markets and analyze whether or not carriers really are pulling freight […]
Market expert Donald Broughton writes about the numerous consequences of a U.S. Mexico trade war and the damage that will be done on both sides of the border.
Plus: Gold miner hatches plan to avoid tariffs
For the first time in its 168-year history, Port Laredo is No. 1. Laredo surpassed Los Angeles as the nation’s busiest trade hub, including airports, seaports and international border crossings. […]
Brian Mulroney, an architect of NAFTA’s precursor, says the trade deal will withstand Trump’s latest tariffs.
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.
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 […]
President Trump’s recent announcement of tariffs on Mexico marks a sharp departure from previous moves with potentially disastrous results for U.S. businesses and supply chains
As U.S.-China trade tensions escalate, data appears to be pointing to a volume slowdown.
e railroad industry is “concerned” about a possible disruption of the North American supply chain should the U.S. impose tariffs on imports from Mexico. But for now, the rail industry is taking a wait-and-see stance.
Today on FreightWaves NOW, we discuss the promise of the Mexico tariffs from a volume, rate, and oil perspective.
