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Read MoreTrump’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…
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