The Port of Los Angeles has named Erica M. Calhoun deputy executive director overseeing the city of Los Angeles Harbor Department’s Administrative Bureau.
Less than 6% of all truckload shipments in the U.S. are currently being rejected.
There’s no wave of containers coming to rescue U.S. freight markets. Booking data shows that U.S. imports are cratering.
CEO tells FreightWaves the U.S.-China trade war has transformed the trans-Pacific trade and customers are receptive to paying IMO 2020 bills.
Maersk, MSC, Hapag-Lloyd and COSCO will be the main market share “losers”, says Alphaliner.
September saw China record its lowest monthly export growth to the U.S. since 1996 as the trade war inflicted more damage.
An influx of new container ships has hiked the average size of vessels deployed on the trans-Pacific and Asia-Europe trades, reports Alphaliner.
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.
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.
There are reasons to expect a healthy pop in outbound Los Angeles spot rates.
