New China Tariffs, E-Commerce and Air Freight Demand, and Bright Import Forecasts
Biden Announces New China Tariffs Targeting EVs, Solar, and Medical Supplies President Joe Biden has announced the new tariffs on Chinese imports this week, targeting key strategic sectors that include electric vehicles (EVs), solar panels, semiconductors, and medical...
Plummeting India-US Spot Rates, Spikes on the Trans-Pacific, and Baltimore’s Reopening
New Capacity Pushes India-US Ocean Spot Rates Down for May ONE’s (Ocean Network Express) new West India-North America Express service, also referred to as WIN, has its debut call to port at Nhava Sheva on May 12. The weekly nine-vessel loop includes three Indian ports...
Asia Port Delays, the Net-Zero Industry Act, and ILA Labor Negotiations
This week: Torrential rain and thick cloud cause vessel delays of up to a week in major ports throughout Asia EU passes a new bill that could speed up green fuel production in Europe Experts uncertain about how East and Gulf Coast port labor negotiations will end ...
Calls for Tripled Tariffs on China, Portland to End Container Services, and Rising LA-LB Volumes
This week: The US Government will begin investigating unfair Chinese trade policies affecting steel and aluminum imports and manufacturing The Port of Portland has announced that it will cease its container services in October US freight and trucking demand remains...