Business
Companies in states that backed President Donald Trump's election could pay twice as much for new steel and aluminum tariffs, according to Trade Partnership Worldwide’s state tariff database.Based on 2024 data, new tariffs could add US$11.4 billion in extra import taxes, with US$7.6 billion (67 percent) of that on imports into so-called “red” states, said Dan Anthony, president of at Trade Partnership Worldwide, or TWP, and executive director of the ...
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SC Ports proudly welcomed the OOCL Iris to the Wando Welch Terminal on Feb. 18. At 16,8282 TEUs, vessel is the largest to ever call Port of Charleston.The record was previously held by CMA CGM’s Marco Polo, which first called on Wando Welch in May ...
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Freight forwarder Yusen Logistics Co. Ltd. said it has reached an agreement for sustainable shipping solutions through liner shipper Ocean Network Express’ ONE LEAF+ green shipping service.Under this agreement, ONE will use sustainable biofuels for propulsion, achieving up to 84 percent reduction in well-to-wake CO2 ...
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Global iron ore shipments fell 7 percent year over year, during the first seven weeks of 2025, amid supply disruptions and weak Chinese import demand, international shipping association BIMCO said.Australian cargoes have fared the worst, down 10 percent year over year, while shipments from Brazil ...
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DP World, the Middle East-based logistics and supply chain solutions giant, has commenced its berth expansion at the Port of Posorja in Guayaquil, Ecuador.The project will significantly increase DP World’s terminal capacity at the deepwater port, consolidating Posorja’s role as a strategic gateway for international ...
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News of a possible “reset” in the EU-UK Trade and Cooperation Agreement, due for review in 2026, could raise unrealistic expectations, the British International Freight Association said Feb. 19.Calling “the use of ‘reset’ is regrettable,” BIFA said preparatory work will be undertaken this year in ...
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Trailer Bridge Inc. said it is partnering with freight intelligence company GenLogs to support the transport provider’s growing logistics division.The collaboration leverages GenLogs’ nationwide network of sensors, commercial and open-source datasets to source capacity, identify shippers, and combat fraud in the trucking industry.“We are excited ...
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Nearly half of shippers see shifting tariffs and trade policies as the top risks to supply chains in 2025, according to a survey from global logistics provider C.H. Robinson.Survey results also show shippers are actively preparing for changes in tariffs and trade policy, including analyzing ...
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A recent DHL Global Forwarding white paper highlights the importance of multi-shoring strategies to help companies safeguard their supply chains against global disruptions while strengthening their operational flexibility.
The ocean and air freight division of DHL Group, in China Plus X: The New Global Supply ...
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Warehousing costs are estimated to account for 13 percent of the total supply chain expenses, while last-mile delivery holds the largest share at 41 percent of supply chain costs, according to ITS Logistics.In its first quarter U.S. Distribution and Fulfillment Index, ITS Logistics’ Producer Price ...
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