Volumes set to 'fall off a cliff' as US firms hit the brakes on sourcing and bookings
Cargo owners should brace for a “cliff event” similar to the turmoil in the early ...
The US government has pushed ahead with plans to revitalise its shipbuilding industry, after President Trump issued an executive order yesterday entitled “Restoring America’s Maritime Dominance”.
However, the threat of severe fees on Chinese-built ships calling at US ports, by the US Trade Representative under the 301 rule, has yet to materialise.
“The commercial shipbuilding capacity and maritime workforce of the United States has been weakened by decades of government neglect, leading to the decline of a once strong industrial base, while ...
Comment on this article
Dirk Peters
April 10, 2025 at 2:59 pmIf the 10 % service fee for crossborder traffic comes based on the sum of customs duties, taxes and harbor maintenance fee it could be a serious amount that makes imports via rail through Canadian ports uneconomical.