Feature
‘Liberation Day’ for many U.S. consumers and global traders came on May 14, not April 2, which was the day when President Donald Trump essentially set an embargo against Xi Jinping and China, and prohibitive tariffs against every country. And some penguins.
Instead, On May 12, Trump issued a joint statement with China, having negotiated a 90-day pause, halting reciprocal tariffs – which brought some rates as high as 145 percent ...
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The St. Bernard Port, Harbor and Terminal District, in partnership with Associated Terminals, on May 14 celebrated the completion of more than two decades of planning in the historic opening of the Chalmette Slip Rehabilitation Project.
Originally constructed in 1907, the Chalmette Slip is fully operational ...
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Fresh Del Monte Produce Inc., Freeport Warehouse LLC and Port Freeport unveiled the new Cross-Dock No. 1 facility, with 80,000 square feet of chilled cross-dock warehouse located near Port Freeport’s Velasco Container Terminal.
Fresh Del Monte Produce, a leading vertically integrated producer, marketer and distributor of ...
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The Port of Long Beach, after recording one of the strongest April’s on record – and its 11th consecutive month of cargo increases – is girding for a double-digit decline in shipments for May, due to the partially paused tariffs tit-for-tat.
Dockworkers and terminal operators moved ...
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Danish shipping giant Maersk posted better-than-expected first quarter operating profit but warned that the ongoing tariff trade war between China and the U.S. could stunt global container volumes.
Maersk said first quarter earnings before interest, tax, depreciation and amortization, or EBITDA, of US$2.71 billion for the ...
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Central Florida’s Port Canaveral said it is investing more than US$500 million in landside and waterside improvements as part of its comprehensive Port Canaveral Advantage plan to expand capacity and capabilities across all aspects of its business operations.
"Port Canaveral has been a driving force for ...
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Tariffs imposed by President Donald Trump have not yet led the U.S. into a recession, but worries over the economy are widespread and growing despite continued job and income gains, National Retail Federation Chief Economist Jack Kleinhenz said May 7.
“The possibility of a U.S. recession ...
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According to a report from market research provider Transport intelligence (Ti), the global e-commerce logistics and fulfillment market is forecast to grow 15.5 percent in 2025.
CEO Simon Wong said U-Freight Group, the Hong Kong-based international freight forwarding and logistics group, is ready to meet the ...
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The severe downturn in U.S. imports following Trump’s 145 percent tariffs against China and similar exorbitant rates across the Pacific Rim and the world has been no surprise for the nation’s port officials.
“It’s not a surprise to us. We knew what the impact of ...
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U.S. consumer confidence slumped for a fifth-month to a 13-year low, a level not seen since the onset of the Covid-19 pandemic, as anxiety over the impact of tariffs takes a heavy toll, the Associated Press reported.
The non-partisan think tank Conference Board said April 29 ...
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