China’s box and chassis monopoly is 'deeply concerning' to the US
China’s “near de facto worldwide monopoly” of intermodal equipment “manufacturing should be deeply concerning”, according ...
It would appear that China and the US are close to agreeing a trade deal that could see tariffs lifted. China has asked for the tariffs to be removed as soon as possible, while the US is hoping for pledges on intellectual property rights and a promise to buy US products, including $18bn-worth of natural gas. China would also lower tariffs on farm, chemical and automotive products, among others. If the tariffs, and promised tariff hikes are abandoned, it’ll be interesting to see what will happen in logistics. Companies have reported additional volumes, especially on the ocean, in an attempt to bypass future tariffs, which means that inventory is high levels already. Bloomberg reports.
Worker no-shows force US west coast port terminal shutdowns
Major ocean carriers set course for more-profitable routes
Hapag-Lloyd CEO bullish on prospects for a peak season
New call for White House intervention as USWC port disruption continues
'AI revolution' set to drive into Felixstowe with robot truck fleet
TSA urges US forwarders and shippers to prepare for new security rules
Transpac rates head north as carriers face Panama Canal restrictions
Strike vote at Pacific ports in Canada sparks fresh worries for BCOs
Comment on this article