Trump plans fresh China tariffs in response to rare earth export controls
The 100% duties will begin Nov. 1 and stack on existing levies, the president said Friday, seemingly squashing a monthslong trade truce.
The 100% duties will begin Nov. 1 and stack on existing levies, the president said Friday, seemingly squashing a monthslong trade truce.
Global disruptions, including tariffs, are hindering manufacturers’ ability to innovate, according to a recent KPMG survey.
The LTL carrier has used technology to drive its financial turnaround, with the latest example being a system that has slashed the number of missed pickups for shippers.
While the nationwide disruption is set to end Saturday, the carrier and the Canadian Union of Postal Workers remain far apart in contract negotiations.
At first blush, the fees targeting US entities would affect Matson, Maersk Line and APL, part of the CMA CGM group.
Ingka Group’s investment arm has bought U.S.-based Locus to help improve delivery, something the home retailer previously outsourced.
Fewer trucks arriving with imports in Las Vegas, Chicago and other inland hubs means tighter capacity and higher transactional costs for outbound shipments.
It has taken several years for the IMO to get to this point, but the heavily compromised net-zero framework agreement has polarized the shipping industry.
The carrier’s suspension of its “Service Guarantee” on Oct. 2 stems from increased risks of delays after the trade tool’s elimination.
The major aluminum sheet maker will keep the hot mill in its Oswego, New York, plant closed until early 2026.