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.
