Global Trade Disruptions Push Businesses Toward Dual-sourcing Models
Shippers are turning to dual-sourcing as a long-term strategy to navigate ongoing trade policy uncertainties. In just a 24-hour period, U.S. tariff policies have been reversed and then reinstated, highlighting the unpredictability of the global trade environment.
Europe’s Shipping Bottlenecks Expected to Persist Into July
Port congestion is worsening at key gateways in northern Europe and other hubs, according to a new report which suggests trade wars could spread maritime disruptions to Asia and the U.S. and push up shipping rates.
Report Forecasts 60% Surge in Ship Traffic on Canada’s West Coast by 2040
Clear Seas has unveiled its latest report, Vessel Traffic Forecast to 2040 for Canada’s Pacific Region, a study that offers a comprehensive picture of how ship traffic is expected to evolve along Canada’s West Coast.
New Services and Reinstated Blanked Sailings Boost Transpacific Capacity
The Gemini Cooperation has introduced an additional transpacific service as a rush of demand and rising rates tempt carriers to bolster east-west capacity.
Container Rates Up Another Two Percent
Drewry’s World Container Index (WCI) increased another two percent for the week of May 19 to 23 and is now US$2,276 per 40-ft container.
Air Cargo Market awaits impact of tariffs and de minimis changes
Global air cargo volumes grew +4% year-on-year in April but with today’s removal of the de minimis threshold for shipments from China into the United States expected to dramatically disrupt e-commerce volumes in the coming weeks and massive uncertainty hanging over the macroeconomic outlook, the question for the air cargo market in 2025 has become […]
U.S. House of Representatives passes bill to monitor China’s influence over global ports
The U.S. House of Representatives has passed a bill that will require the Secretary of Defense and the Secretary of State to monitor efforts by the People’s Republic of China to build or buy strategic foreign ports, and for other purposes.
Carriers Roll Out Rate Increases amid U.S.-China Tariff Pause
After the U.S. and Chinese governments agreed to slash reciprocal tariffs, shipping lines are expecting an early peak season on the transpacific eastbound trade, and have announced surcharges of $1,000 to $2,000 per 40ft, said container shipping consultancy Linerlytica.
Tariff Two-Step: After Pause, China-U.S. Container Bookings Soar 277%
And just like that, the United States is back in the China import business.
Houthis’ Fight with Israel Could Mean Continued Risks for Shipping
Yemen’s Houthi rebels have begun to clarify their version of the Red Sea truce agreement announced by the White House, and it appears that international shipping may still face risks on the waterway.