Container rates continue to fall
Container freight rates keep sliding for a tenth straight week, with looming U.S. tariffs on Chinese vessels and rerouted Gulf shipments reshaping global trade costs.
Tag: Port
Mill Steel to relocate plant to Port of Houston
Mill Steel processes aluminum grades 1xxx, 3xxx, 5xxx, 6xxx for industrial manufacturing and specialized applications.
AMU PATH Fireside Chat: Bottlenecks and backchannels in the freight market
The kickoff session of Aluminum Market Update's fireside chat tackled the turbulence facing the freight market in an increasingly protectionist environment.
Liberation Day denied: Court overrules IEEPA tariffs
A federal trade court found that Trump’s use of the International Emergency Economic Power Act (IEEPA) to justify tariffs early April and dubbed the “Liberation Day” tariffs was unconstitutional.
Container bookings and prices surge
Average bookings for the seven days ended on May 14th skyrocketed, which could cause bottlenecks, as containers getting stripped and shipped from the Los Angeles/Long Beach ports
The downside of the US-China tariff rollback: Container lines’ price hikes
The container lines operating in this shipping lane were quick to respond to the expected surge in freight demand.
Mexico invests in port capacity despite U.S. tariff troubles
Mexico is moving ahead with plans to expand its Pacific port of Manzanillo despite some seemingly big headwinds.