Importers await tariff impact amid stable economic indicators: Richmond Fed
Tariffs have increased sixfold since January, but those cost increases have yet to fully reveal themselves in consumer prices.
Tariffs have increased sixfold since January, but those cost increases have yet to fully reveal themselves in consumer prices.
Some carriers and forward are predicting a strong recovery in volumes in the first quarter of next year despite US retailers’ downward expectations.
Deliveries are projected to jump 5% from last year’s peak season, although UPS and the Postal Service volumes are expected to stay flat.
The funds will go toward facilities that produce washing machines and dryers for the company, which makes about 80% of appliances it sells in the U.S. domestically.
A large amount of freight that was imported to avoid tariffs still hasn’t moved through the inland supply chain, per EVP of Sales and Marketing Spencer Frazier.
The use of the International Emergency Economic Powers Act will soon face Supreme Court review. Here are other mechanisms the president can use to hike duties.
J.B. Hunt lowered its peak season surcharge because of disappointing volume on the West Coast.
The investment in less carbon-intensive vessels is part of a $17 billion spending plan that also includes $3 billion on its logistics business and the acquisition of new container terminals by 2030.
The trade war has become multi-dimensional with many different elements all impacting shipping and the supply chain, writes maritime and JOC analyst Lars Jensen.
Industrial action by auxiliary workers in Rotterdam and Antwerp-Bruges is heavily disrupting operations in the regions two busiest container ports.