US formalizes tariffs on trucks, buses
A 25% duty on trucks and 10% levy on buses will begin Nov. 1, but some equipment manufacturers — including automakers —may qualify for cost offsets.
A 25% duty on trucks and 10% levy on buses will begin Nov. 1, but some equipment manufacturers — including automakers —may qualify for cost offsets.
The Virginia Port Authority said the longshore union’s lawsuit alleging violations of the master contract doesn’t give clear picture of when it knew about the new rail gantry cranes.
Carriers continue to struggle to raise rates on intermodal shippers, resulting in revenue gains or losses based solely on volume.
Terminal operators in Los Angeles-Long Beach have seen no changes in demurrage billing practices since the Federal Maritime Commission’s demurrage rule was struck down by an appeals court.
In addition to adjusting Fulfillment by Amazon charges, the e-commerce giant will hike levies for Buy with Prime and Multi-Channel Fulfillment shipments.
The ill-tempered environmental protection committee session was filled with procedural maneuvering as member states opposed to the net-zero framework attempted to delay the proceedings.
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.