Michael King
Trump’s tariffs, air cargo’s struggles, and the shake-up ahead
The air cargo industry is facing major disruption and a possible slump, Neel Jones Shah, former senior executive at Flexport, Delta Airlines and United Cargo, tells the latest episode of The Freight Buyers’ Club Insight series. At the centre of the shake-up? Trump’s new tariffs, which could hit e-commerce exports from China to the U.S….
Read MoreGlobal shippers adopt ‘wait and see’ approach as Trump tariff threats loom
December 2, 2024 There has been a surprisingly measured response from international shippers facing potential new tariffs next year from the incoming Donald Trump administration. Speaking on the latest episode of The Freight Buyers’ Club podcast (see video clip below), Kathy Liu, Dimerco Express Group Vice President, said most shippers and exporters to the U.S. were taking…
Read MoreU.S. trade policy in question as election nears: new tariff hikes could threaten U.S. tech and force supply chain rethinks
October 17, 2024 With the U.S. presidential election approaching on 5 November, the contrasting trade positions of Democratic candidate Kamala Harris and Republican candidate Donald Trump are creating uncertainty for U.S. shippers, tech companies and global supply chains. While neither candidate is a staunch proponent of free trade, Harris has signalled a cautious approach that…
Read MoreU.S. dockworker strike threatens to push air freight prices even higher ahead of peak season
As a potential East Coast dockworkers’ strike looms in October, shippers turning to air freight to stock holiday inventory face surging prices and capacity shortages. September 17, 2024 Air cargo markets are expected to overheat during the upcoming fourth-quarter peak season, with rising prices and limited capacity now almost inevitable. Even before the holiday shipping…
Read More“No plan B” for global shipping if U.S. dockworkers strike, says Hapag-Lloyd executive
With contract negotiations at a stalemate, the possibility of a U.S. East Coast dockworkers’ strike threatens to paralyze global container shipping, impacting millions of TEUs and leaving terminals idle. September 5, 2024 Global container shipping markets could face a significant shock, one that they are ill-prepared to handle, if dockworkers at U.S. ports go on…
Read MoreEven Suez Canal restart is no silver bullet for container shipping turbulence, warns Lars Jensen
August 8, 2024 Shippers should anticipate continued volatility in container shipping freight markets through 2025, with even the re-start of operations through the Suez Canal not guaranteeing immediate respite from disruptions and soaring freight rates, according to Lars Jensen, CEO of Vespucci Maritime. The renowned container shipping analyst and consultant outlined various Red Sea crisis…
Read MoreE-retailer demand surge to drive extended boom in trans-Pacific air freight market
• Air cargo demand will enjoy a sustained boost as Chinese e-retailers such as Temu and Shein attempt to establish sizeable market share in the US. • However, following a strategy previously trailblazed by Amazon, more sustainable ocean-based supply chains will eventually emerge, Dimerco Express Group’s Kathy Liu tells the latest episode of The Freight…
Read MoreShipping analyst: Red Sea crisis is preventing a freight rate and liner profit collapse
A reopening of the Suez Canal for container ship transits would see vessel oversupply swamp the market, Hua Joo Tan, Founder of LINERLYTICA, tells the latest episode of The Freight Buyers’ Club podcast. However, he deems this scenario unlikely, and expects rates to strengthen in the coming weeks. April 29, 2024 The longevity of the…
Read MoreRise in protectionism will benefit forwarders and 3PLs as SMEs seek competitive support
Small and medium-sized companies hoping to compete against larger corporations in international markets will increasingly rely on logistics partners to help them navigate rising trade barriers and cross-border transaction costs, economist and author Marc Levinson tells the latest episode of The Freight Buyers’ Club. Levinson also questions whether the largest container vessels are fit for…
Read MoreTrump tariff threat: Another reason why US shippers are moving cargo early in 2024
“I don’t know if you could call it an early peak season, but certainly everybody has moved their shipping schedules up,” Jon Monroe, President, Jon Monroe Consulting, tells the latest episode of The Freight Buyers’ Club. The threat of major hikes in US import tariffs, combined with the fear of union action at East Coast ports…
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