China’s exports have been keeping the global container market afloat despite its ongoing trade war with the U.S., said ocean carrier giant Maersk. According to Maersk CEO Vincent Clerc, the sourcing superpower’s global export share has increased steadily to about 37 percent this year from 33 percent in 2023, even as its shipments to the…
Container imports through U.S. maritime gateways in September declined 8.4% from August to more than 2.3 million, the third-highest September on record and 1.9% ahead of the same period in 2024 as resilient demand shook off trade uncertainty. Join the leaders shaping freight’s future atF3: Future of Freight Festival, Oct 21-22.Network with the industry’s best and…
China could impose its own punitive port charges and bar ships in U.S. services under new regulations that raise the stakes in the trans-Pacific trade war with the United States. Join the leaders shaping freight’s future atF3: Future of Freight Festival, Oct 21-22.Network with the industry’s best and discover what’s next. China’s State Council amended regulations…
As the July 9 deadline for the end of the China-U.S. tariff pause speeds closer, the outlook for the trans-Pacific ocean trade is less than clear. Although tariffs and other details are not known, President Donald Trump said that the U.S. has signed an agreement with China that will see a resumption of the latter’s…
Tech giants shift production out of China as trade tariffs raise supply risk: analysis Diversifying suppliers out of China has been a long-term trend among tech companies, but a recent acceleration of that shift is driven by fresh trade tensions rather than a desire to divest entirely, says Everstream Analytics. Source link