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‘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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As one of the busiest U.S. seaports, the Port of Long Beach supports 2.7 million jobs across the nation, including more than 1.1 million in California, according to a port-commissioned study conducted by Boston-based EBP US found.
In the five-county Southern California region, more than 691,000 ...
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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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April U.S. container imports increased 1.2 percent over March and 9.1 percent compared to the same month last year, surpassing 2.41 million TEUs for the second time in 2025, despite the current chaotic trade environment, according to Descartes Systems Group’s May Global Shipping Report.
Year-over-year, April ...
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BIMCO, the world’s largest shipping association, elected Fednav President and CEO Paul Pathy as the organization’s 47th president at its May 14 general meeting in Copenhagen.
Pathy, also the first BIMCO president from the Americas, succeeds Nikolaus H. Schües who is finishing his two-year term and ...
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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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The 17th edition of the One World’s Market Sentiment Index, or MSI, for the multipurpose and breakbulk industry, shows further slippage in sentiment from 54.3 in the last edition to 53.3 in this edition but still above 50 which marks the point between generally positive ...
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