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The US’s official removal of the de minimis threshold for imports from China is putting the global air cargo market at risk of a sharp decline in demand and creating an unprecedented chain of impacts on e-commerce and logistics. Global air cargo volumes in April increased +4% compared to the same period last year. However,
WASHINGTON/BEIJING, May 7 (Reuters) – U.S. Treasury Secretary Scott Bessent and chief trade negotiator Jamieson Greer will meet China’s economic tsar He Lifeng in Switzerland this weekend for talks that could be the first step toward resolving a trade war disrupting the global economy. News of the planned Geneva meeting, first announced by Washington late Tuesday, sent
Lệnh ngừng bắn tại Biển Đỏ có thể mở lại tuyến vận tải qua kênh đào Suez, làm dư thừa công suất tàu và kéo giảm giá cước vận tải container toàn cầu. Houthi Press Release Các tuyến hàng hải chuyển hướng qua mũi Hảo Vọng để tránh các cuộc tấn công kể từ tháng
HANOI, May 7 (Reuters) – Vietnam’s imports from China and exports to the United States both reached a post-pandemic record in April, amid talks with Washington to reduce Hanoi’s trade surplus and a crackdown on Chinese goods being shipped to the U.S. via its territory. The Southeast Asian nation faces the risk of 46% duties
A ceasefire in the Red Sea could reopen shipping routes through the Suez Canal, creating excess capacity and driving down global container shipping rates. Shipping routes diverted around the Cape of Good Hope to avoid attacks since November 2023 have had a significant positive impact on shipping rates – particularly in the container shipping
Major ports in the U.S. Gulf region, such as Houston and New Orleans, have reported cargo growth in March 2025, despite fluctuations in tariffs and the global market. Port of Houston Recovers Container Volume in March After a slowdown in cargo traffic in February, the Port of Houston handled 386,864 TEUs (twenty-foot equivalent units) in
Despite the intensifying U.S.–China trade war, container shipping rates on the trans-Pacific route have remained remarkably stable. This resilience is attributed to agile capacity management strategies by shipping lines and a shift in sourcing to Southeast Asian markets. The imposition of a minimum 145% tariff on all Chinese imports has led many U.S. importers to
Imports into the United States continued to rise in the first quarter of 2025, but S&P Global Market Intelligence warns that newly implemented tariffs and weak consumer demand may lead to a downturn starting in the second quarter. According to newly released data from S&P Global Market Intelligence, import volumes into the U.S. recorded
The International Maritime Organization (IMO) has approved the first-ever legal framework to achieve net-zero greenhouse gas (GHG) emissions in the global shipping industry. This framework, which includes mandatory emission caps and a global carbon pricing mechanism, is set to take effect in 2027. The IMO has made a significant advancement in its efforts to combat
The transportation market is reeling from the risk of declining demand due to the impact of the new U.S. tax policy, with data showing a sharp drop in shipping orders and the maritime sector facing widespread cancellations. Until just a few days ago, despite fluctuations in trade policy and financial markets, data from SONAR had