“The short term is bad, but it’s actually the long term that’s more of a concern,” said Mike Steenhoek, executive director of the Soy Transportation Coalition. Brazil and Argentina have emerged as serious challengers to the once-dominant US position as the world’s top supplier of soybeans.
US Trade Agreements
20 Sep 2018
Already chaotic and upended, the Trump administration’s proposed Jan. 1, 2019, 25 percent tariff on imports from China is causing importers to scramble for ocean, truck, and rail capacity — with the next ramification being the warehouse variable: will there be any space after the front-loading of imports?
24 Jul 2018
Despite strong demand, the Hong Kong-based firm said Friday that increases in material costs, particularly corten steel, accounted for a marginal interim net loss for the first half of 2018, compared with a $16.6 million profit for the same period in 2017.
25 Jun 2018
The immediate impact of lost export opportunities because of retaliation by US trading partners to the Trump administration’s tariffs is a major, negative development for US businesses. Even so, the longer-term damage from the erosion of the US’s reputation as a reliable supplier of agricultural products should really concern beneficial cargo owners, ag exporters have been told.
22 Jun 2018
Brazil has displaced the United States as the top soy exporter, and it won’t be long before it moves ahead of the United States as the world’s leading corn exporter.
22 Jun 2018
Two can play at the tariff game, as trade analysts warned, and US agriculture exporters will be hurt disproportionately by US trading partners’ initial retaliatory tariffs.
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.
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.
16 Oct 2017
The fourth round of talks on the renegotiation of the North American Free Trade Agreement are careening toward an inclusive end.
20 Jan 2017
Pending any dramatic shakeup to trade relations, the railway — which operates a north-south network in Mexico and the US Midwest — said that despite recent downturn in intermodal revenue and volume, it remains optimistic about growing cross-border intermodal trade.
18 Jan 2017
A sudden double-digit hike in fuel prices is hammering Mexican trucking companies and shippers — but it's not their only problem.
18 Jan 2017
A trade war between the United States and China will have no winners, the Chinese president told world leaders in Davos.
09 Dec 2016
Talk of construction along the US-Mexican border is about more than building a wall.
08 Dec 2016
Is Trump truly anti-free trade, and if so, will he also train his eye on the Central America Free Trade Agreement, the decade-old trade pact that was modeled after NAFTA?
20 Nov 2016
Shippers face a brave new world in which they try to gauge whether new Trump administration will make good on its promises to deliver $1 trillion in infrastructure investment, reset trade deals, and repeal regulation.