US tariffs dent China import volumes, but not global container growth
Amid tariffs of up 130%, US laden imports from China for the six months between April and September fell to levels not seen since 2013.
Amid tariffs of up 130%, US laden imports from China for the six months between April and September fell to levels not seen since 2013.
The change will occur Nov. 3 due to factors such as rising costs in real estate, new equipment and employee compensation packages, the LTL carrier said.
Fuel surcharge pressures and new rounding rules are challenging shippers ahead of peak season, per the TD Cowen/AFS Freight Index.
The Owner-Operator Independent Driver’s Association is urging Congress to codify new regulations aimed at tightening oversight of commercial driver licensing and to support more training for new drivers.
Record container volumes resulted in greater port activity amid an increase in calls by vessels, trucks and trains, as well as increased use of cargo-handling equipment.
The Trump administration is also proposing to suspend all or some applications of CAFTA-DR benefits to the country, such as tariff concessions.
The absence of a framework on how global shipping can pass on the higher operating costs of using low- or zero-emission fuels to cargo owners will likely stall investment in the sector.
The sneaker maker opened a distribution center in Salt Lake City this month that will eventually handle all West Coast inbound and outbound volume.
However, small- and medium-sized employers might become the “backbone” of upskilling as the market shifts, according to the British Standards Institution.
The partnership is part of a broader effort to advance the development of the India-Middle East-Europe Economic Corridor via the Adriatic’s main port.