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Trump delays tariff hikes for Canada, Mexico—but not China
After receiving border-control concessions from Mexico and Canada, U.S. President Donald Trump has delayed his plan to impose 25 percent tariffs on both nations’ exports by a
US retailers face challenges as import hurdles grow
US retailers are navigating choppy waters, with scant visibility of the route forward, pummelled in recent weeks by regulatory plans that threaten significant upheaval. The incomin
US ports receive $580M in grants
The US Department of Transportation’s Maritime Administration (MARAD) has revealed plans to invest nearly $580m in port infrastructure nationwide. The funding will go toward 31 p
How E-commerce is Driving Growth in US Air Freight
In the last decade, e-commerce has gone from a growing trend to an unstoppable force in the US. With a few taps on a smartphone, consumers can purchase products from across the glo
Retail Group Predicts ‘Near-Record Surge’ in
US retailers do not anticipate a slowdown in imports for the second half of 2024, driven by a near-record surge in August as retailers fast-track shipments ahead of potential longs
Singapore Authorities Take Action to Reduce Port Congestion
MARITIME Port Authority Singapore (MPA) and port operator PSA have held discussions with carriers to address the worsening vessel traffic at the world’s second-busiest port.
Near-Normal Water Levels Boost Panama Canal Ship Transits
The Panama Canal’s freshwater reservoirs are entering summer at close to normal levels, prompting the canal’s operator to increase the number of large ships moving through the
Positive Growth Evident in Global Trade Trends Early 2024
Global trade trends turned positive in Q1 2024, with goods and services trade increasing by 1% and 1.5% respectively, driven by the US, China, and India, according to UN Trade and
U.S. Container Imports Continue to Gain and Show Strong Growth
May 2024 marked another month of remarkable growth for U.S. container imports, registering a 6.2% increase from April and an 11.9% upswing year-on-year, according to data from Desc
Descartes Report Shows Robust Port and Imports Activity in May
Another month brought another strong month of United States-based imports, according to the new edition of the Global Shipping Report, which was issued this week. This is the 34th
