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The UK could become a dumping ground for low-value imports come July, prompting industry leaders to urge the government to accelerate the removal of its de minimis tax reforms.

Sources believe a potential vessel-sharing deal between the two could pave the way for a more balanced and resilient supply-demand environment for all participating carriers in India-North America trades.

The chief executive of the Port of Virginia said the newly inaugurated deeper harbor allows big ships to be fully loaded, giving the port a chance to become a fulcrum for container services.

Following strong May volumes, the port is forecast to handle more than 900,000 container units in both June and July, Executive Director Gene Seroka said.

Industrial real estate vacancy rates are falling in Chicago, Indianapolis, and other key hubs as the frontloading of imports and data center construction drive demand.

The rebates helped reduce overall retail prices by about half a percentage point.

Shippers’ exports will face higher fuel fee percentages, while imports will see lower rates once the adjustment takes place June 22.

Shippers’ exports will face higher fuel fee percentages, while imports will see lower rates once the adjustment takes place June 22.

The Journal of Commerce Breakbulk Shipper Index tracked down again in May to 97, a drop of 26 points since March and two points lower than April.