Shipping Halted in Antwerp as Unions Renew Strikes Against Government

National authorities and the Port of Antwerp-Bruges began preparations on Monday afternoon, April 28, to bring port traffic to an orderly stop due to a strike by workers against the government. They said 25 ships were waiting to depart with another 31 waiting to enter, but expected that all traffic would be halted. The strike […]

Air Cargo Market Awaits Impact of Tariffs and De Minimis Changes

Over the past 10 years, U.S. consumers have paid no duty on shipments valued at $800 or less, causing the volume of cross-border packages into the U.S. to soar to some 1.35 billion annually. As of May 2, however, low-value products sourced from China and Hong Kong into the U.S. will be subject to 145% […]

Trump hints at de-escalation of US-China trade war

In a dramatic U-turn on his China rhetoric, Trump declared that tariffs on China would be “nowhere near as high” as the current 145%, promising to “be very nice” to China as trade negotiations move forward.

Asia-USEC Trade to Lose 42% Capacity from Blank Sailings

A significant wave of blank sailings is set to impact Asia–U.S. container trade lanes, with U.S. East and Gulf Coast services facing the sharpest cuts. Sea-Intelligence reports that nine scheduled sailings on the Asia–U.S. East Coast route will be blanked in May 5–11 (Week 19), reducing capacity by 42%. The U.S. West Coast will have […]

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