Trump second term would pose a 'destructive risk to the container market'
The prospect of Donald Trump winning the forthcoming US presidential election ought to put the ...
AAPL: SHIFTING PRODUCTIONUPS: GIVING UP KNIN: INDIA FOCUSXOM: ANOTHER WARNING VW: GROWING STRESSBA: OVERSUBSCRIBED AND UPSIZEDF: PRESSED ON INVENTORY TRENDSF: INVENTORY ON THE RADARF: CEO ON RECORD BA: CAPITAL RAISING EXERCISEXPO: SAIA BOOSTDSV: UPGRADEBA: ANOTHER JUMBO FUNDRAISINGXPO: SAIA READ-ACROSSHLAG: BOUYANT BUSINESS
AAPL: SHIFTING PRODUCTIONUPS: GIVING UP KNIN: INDIA FOCUSXOM: ANOTHER WARNING VW: GROWING STRESSBA: OVERSUBSCRIBED AND UPSIZEDF: PRESSED ON INVENTORY TRENDSF: INVENTORY ON THE RADARF: CEO ON RECORD BA: CAPITAL RAISING EXERCISEXPO: SAIA BOOSTDSV: UPGRADEBA: ANOTHER JUMBO FUNDRAISINGXPO: SAIA READ-ACROSSHLAG: BOUYANT BUSINESS
US ports could be set to hit by more problems from the China-US trade spat. While those on the west coast are already suffering volumes declines from falling demand, it now appears the cost of procuring their equipment could rise by as much as 25% if, as Transport Topics reports, the US government decides to include ship-to-shore container handling cranes in a new round of duty increases. Chinese company ZPMC dominates the sector and terminals needing newly built equipment – such as in the myriad ports in the US investing to handle larger vessels – there is simply nowhere else to buy them.
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Trump second term would pose a 'destructive risk to the container market'
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