Breakbulk carriers and shippers hope the threatened US steel tariffs are merely a negotiating tactic, but if they prove to be more than that an incipient US-China trade war would occur just as the industry appears to be on the verge of a recovery from a long slump.
News and analysis of trade policy such as free trade agreements and changes to tariff regimes around the world.
News & Analysis
05 Apr 2018
Neither country has listed a deadline for tariff implementation, hence the situation remains dynamic and fluid. However, key analysts are formulating worst-case scenarios.
03 Apr 2018
Steel and aluminum are important cargoes at US ports on the Gulf, East, and West coasts and the Great Lakes.
23 Mar 2018
China’s planned tariffs will initially affect US containerized exports, but an escalation could produce a wider impact.
15 Mar 2018
The bulk of regional economic fundamentals indicate a strong year is ahead for container trade, GDP growth, earnings growth, and job creation — with all of the positives that implies for lateral sectors and society.
14 Mar 2018
The accelerated growth in intra-regional trade volumes as a result of the agreement is expected to provide a further boost to intra-Asia container trades already on an upward trend as Asia-based manufacturing increasingly serves Asian consumers.
06 Mar 2018
US exports are on a growth track, but export expansion could be derailed or slowed if the United States enters a trade war.
02 Mar 2018
The ports are concerned that tariffs will lower steel and aluminum imports and invite retaliation that will undermine exports of US products.
01 Mar 2018
Economists say the eastward drift in Mexico’s volume is partly due to the expanded Panama Canal opening, enabling ships of up to 14,000 TEU to traverse the waterway, but also due to the improved economic situation in Europe.
19 Feb 2018
To cite the late, great writer Mark Twain, the reports of the North American Free Trade Agreement’s death are greatly exaggerated. Shippers and transportation providers looking past the noise of mainstream reporting see reason for optimism in 2018 for the world's largest trilateral trade pact.
25 Jan 2018
The Mexican Federal Competition Commission, the report-issuing body, declined to comment on the release date but issued a statement saying the agency is still going through the steps set out by Mexican regulations for such investigations.
23 Jan 2018
The Trump administration announced the tariffs Monday in response to complaints from US-based manufacturers that foreign competition was unfairly flooding the US market with cheap imports.
17 Jan 2018
One question that is definitely on the minds of shippers, especially transportation, is if the UK’s post-Brexit trade agreements will stimulate or dampen the growing Europe/UK economies.
12 Jan 2018
There is hope for the steel sector in the form of a macroeconomic tailwind: beneath the fog of politics, steel trade volume depends on underlying demand, which analysts predict will rise modestly in 2018.
09 Jan 2018
China last year announced bans on imports of certain types of scrap products from all countries in order to reduce the harmful effect of contaminated waste products.
19 Dec 2017
Lawmakers questioned Garrett's support of the bank's export finance mission.
19 Dec 2017
The carrier said it has already signed 100 clients, involving more than $80 million in credit, and is looking to finance another $200 million over the next year.
18 Dec 2017
It is clear that a world-class infrastructure improves a nation's efficiency and attracts business. And post-Brexit United Kingdom must implement several infrastructure improvements to achieve both.
16 Nov 2017
Maersk says it can provide trade finance faster and easier than banks.
14 Nov 2017
What does Brexit mean in practical terms for supply chains?
01 Nov 2017
President Donald Trump’s nominee to head the US Export-Import Bank has described the bank as “corporate welfare” that should be abolished.
27 Oct 2017
There is quite a difference between the single market and the customs union.
23 Oct 2017
Final draft of strict clean air plan to be presented to LA-LB harbor commissions on Nov. 2.
23 Oct 2017
The cost for shipping from Novorossiysk to Istanbul has fallen substantially.
20 Oct 2017
Los Angeles-Long Beach market share has eroded steadily since 2002.
18 Oct 2017
The ports of Los Angeles and Long Beach will soon release the final draft of an update to its historic Clean Air Action Plan.
18 Oct 2017
A sharp break in relations between the United Kingdom and the European Union after Brexit will be devastating for the trade and business between both parties.
16 Oct 2017
The fourth round of talks on the renegotiation of the North American Free Trade Agreement are careening toward an inclusive end.
11 Oct 2017
The world was shocked by British citizens’ decision on June 24, 2016, to withdraw their nation from the European Union.
21 Sep 2017
The Chinese government has been cracking down on factories with low environmental standards and safeguards since the early 2000s.
18 Sep 2017
"You just find an export credit agency in another country. When that happens, the supply chain leaves the United States and goes to that other country.”
28 Aug 2017
The ports of Los Angeles and Long Beach in 2016 were able to reduce emissions while handling more volume.
13 Jul 2017
The first consignment of US beef to be imported by China in 14 years is just days away from arriving in the country.
29 Jun 2017
A coalition of groups is calling on the Port of New York and New Jersey to revive a plan to ban all trucks with engines from 2007 or older from the port, expressing health concerns.
26 Jun 2017
The ports of Los Angeles and Long Beach last week announced the schedule for completing what will be the final draft of an update to their landmark Clean Air Action Plan.