Trump's tariff plan will cause another massive Asia-US freight rate spike
US presidential hopeful Donald Trump’s promise to impose a 20% tariff on all imports entering ...
You may be forgiven for thinking that the first-half trading update by Kerry Logistics Network, out a couple of days ago*, was really, really good..
(*Released on 28 August: full report here)
… despite a “slight drop” in earnings (click to expand the table above) – on a comparable H1 24 versus H1 23 basis – for its integrated logistics (IL) unit, which was responsible for just less than one-third of group sales in the first half.
With almost US$2.4bn in H1 24 ...
Volcanic disruption at Anchorage could hit transpacific airfreight operations
Macron calls for ‘suspension’ – CMA CGM's $20bn US investment in doubt
De minimis exemption on shipments from China to the US will end in May
Forwarders stay cool as US 'liberation day' tariffs threaten 'global trade war'
Shippers snap up airfreight capacity to US ahead of tariff deadline
Looming Trump tariffs will create 'a bureaucratic monster' for Customs
Mixed response in US to 'Liberation Day', while China leads wave of retaliation
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