News

Global 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...

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U.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...

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U.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...

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“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...

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Even 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...

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Higher tariffs to harm US consumers and exporters; economic decoupling from China unlikely, experts reveal

US economic decoupling from China unlikely without military conflict; increased tariffs predicted to severely harm US economy and exporters, say experts on The Freight Buyers’ Club. Jess Dankert, VP for Supply Chain at the Retail Industry Leaders Association, calls for smart trade policies instead of higher tariffs; Professor Jason...

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