US Trade Agreements

US Trade Agreements

The Port of Los Angeles.
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?
A container ship at sea.
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.
A soybean farm in Kansas, United States.
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.
A soybean farm in Brazil.
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.
A potato field in Idaho, United States.
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.
Bayonne Bridge (new).
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.
The Port of Veracruz.
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.
14 Nov 2016
Shippers have "more questions than answers" about the future of the North American Free Trade Agreement, which is increasingly likely to be rewritten under President-elect Trump.
21 Oct 2016
The 2016 US presidential election has been fraught with divisive discourse and reality television-style drama, but the top two leading candidates appear to actually agree when it comes to matters of transportation infrastructure and trade.
It could be some time before Cuban container cranes, such as these pictured in Havana, start lifting more volumes bound for international markets.
24 Aug 2016
Commercial shipping's opportunities to do business with Cuba are unlikely to significantly improve until at least February 2018.
16 Mar 2016
U.S.-Mexico cross-border trade experts say it will be nearly impossible for U.S. presidential hopeful Donald Trump to pursue many of the cornerstones of his trade platform: including his now-infamous wall and severe tariffs on Mexico imports.
24 Jun 2015
The U.S. Senate Wednesday voted to renew trade promotion authority for the first time in nearly eight years, setting the stage for the a Pacific Rim partnership that some have heralded as the largest trade pact in history.
04 Jun 2015
The U.S. and European Union are in talks over a new trade deal that could give shipping lines greater bargaining power over port services and give multimodal operators priority to tap inland freight connections, according to documents shared Wednesday by Wikileaks.
22 May 2015
A long-awaited Pacific trade deal between the U.S. and other Pacific Ring nations cleared another hurdle Friday evening. In a 61-38 vote, the U.S. Senate passed legislation to renew trade promotion authority for the country’s president.
12 May 2015
A long-awaited Pacific trade deal between the U.S. and other Pacific Ring nations hangs in limbo now after failing to muster enough support in the U.S. Senate.
10 Apr 2015
The Owner-Operator Independent Drivers Association wants to join a Teamster-led lawsuit challenging the Obama administration's decision to allow Mexican carriers to apply for U.S. authority.
17 Mar 2015
Even if the Teamsters fail to overturn a recent federal decision to allow Mexican motor carriers to haul loads past the border region, the impact of the new program may be negligible anyway.
21 Jan 2015
A free trade agreement (FTA) between Australia and Japan came into effect on Jan. 15, granting virtually all Australian exports preferential or duty free access to the giant Japanese market.
U.S. Chamber of Commerce President and CEO Thomas J. Donohue urges action on trade, technology, energy and infrastructure to create jobs, economic growth.
14 Jan 2015
The American business climate is “improving” and will continue to improve in 2015 as the U.S. economy grows at a faster pace, but it’s not time for a “victory lap,” U.S. Chamber of Commerce President and CEO Thomas J. Donohue said.
10 Sep 2014
Crowley Maritime’s subsidiary Carib Energy LLC has been granted a 20-year, small-scale U.S. Department of Energy license to export liquefied natural gas to...
05 Jul 2014
A decade into CAFTA-DR, the labor rights issue continues to cast a dark shadow over foreign-owned, low-wage manufacturing plants, especially in Guatemala.
04 Jul 2014
Nicaragua has always occupied a special place among CAFTA member states.
04 Jul 2014
A decade after its signing, and five years after full implementation, the Central America Free Trade Agreement may not have transformed Central America into the powerhouse of textile and apparel trade forecast by some optimists, but it has facilitated significant growth in that sector of the region’s economy, along with diversification into other sectors.
28 May 2014
Gil Kerlikowske oversees the largest U.S. law enforcement agency and the second-largest revenue-collecting source in the federal government.
27 Apr 2014
Japan and the United States failed to reach a deal in bilateral negotiations over the proposed Trans-Pacific Partnership (TPP) free trade agreement during President Barack Obama’s three-day visit to Tokyo, which ended on April 25.
18 Feb 2014
Cross-border trade among the U.S., Mexico and Canada is increasing, but President Obama is likely to hear complaints about U.S. trade barriers when he meets his Mexican and Canadian counterparts Feb. 19.
30 Jan 2014
After 20 rounds of talks, the U.S., Japan and 10 other Pacific Rim countries are poised to deliver the text of the far-reaching Trans-Pacific Partnership. The TPP could become reality this year, but will the reality match the hype?