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6 days ago | 
finance.yahoo.com | Glenn Taylor
Trucking’s attempts to escape a three-year freight recession have been largely unsuccessful, but the start of 2025 indicated the arrow was possibly pointing in the right direction. Then tariffs kicked in. In the first quarter, national trucking volumes tumbled 13.8 percent from the year prior, the best year-over-year reading since the third quarter of 2023, according to the quarterly U.S. Bank Freight Payment Index.
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6 days ago | 
sourcingjournal.com | Glenn Taylor
U.S. port docking fees may have spooked the container shipping industry and the retail industry alike, among many others, before they were finalized in mid-April. But Maersk is brushing the concerns aide, assuring its customers it won’t see any direct impacts. “At this time, we do not see a direct cost from this initiative impacting Maersk or our customers,” said the ocean carrier in a customer advisory Thursday. “We do not anticipate changes to our U.S. port rotations due to the new fees.
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6 days ago | 
sourcingjournal.com | Glenn Taylor
China’s exports are bifurcating heavily in the wake of U.S.-levied tariffs that escalated to 145 percent since the start of April. Shipments of Chinese goods to the U.S. dropped 21 percent throughout the month to $33 billion, according to monthly official customs data from China.
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1 week ago | 
sourcingjournal.com | Glenn Taylor
Supply chain delays out of India and Pakistan are expected to hit ocean carriers as both countries closed off port access to each other. India’s restrictions are more nuanced than Pakistan‘s, which are a blanket prohibition of the import and transit of Indian goods. A May 2 decree banned vessels which have cargo from Pakistan onboard, including empty containers, from calling at Indian ports.
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1 week ago | 
yahoo.com | Glenn Taylor
Supply chain delays out of India and Pakistan are expected to hit ocean carriers as both countries closed off port access to each other. India’s restrictions are more nuanced than Pakistan’s, which are a blanket prohibition of the import and transit of Indian goods. A May 2 decree banned vessels which have cargo from Pakistan onboard, including empty containers, from calling at Indian ports.
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1 week ago | 
flipboard.com | Glenn Taylor
2 hours agoIndia can‚Äôt win a war with PakistanEarly on Wednesday, Indian missiles sailed into Pakistan and destroyed nine sites housing what New Delhi called ‚Äúterrorist infrastructure‚Äù. With …12 hours agoIndia and Pakistan don’t fight wars like other countries. Here’s whyISLAMABAD, Pakistan (AP) — India and Pakistan have fought three full-scale wars since they gained independence from British India in 1947.
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1 week ago | 
sourcingjournal.com | Glenn Taylor
Maersk now expects a possible decrease in worldwide container volumes for 2025 on the backdrop of U.S.-levied tariffs on global trading partners and a trade war with China. While the ocean carrier previously anticipated global container volume growth to be 4 percent in 2025, the outlook has been revised to be in a range of 4 percent growth to a 1 percent contraction.
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1 week ago | 
sourcingjournal.com | Glenn Taylor
Trucking’s attempts to escape a three-year freight recession have been largely unsuccessful, but the start of 2025 indicated the arrow was possibly pointing in the right direction. Then tariffs kicked in. In the first quarter, national trucking volumes tumbled 13.8 percent from the year prior, the best year-over-year reading since the third quarter of 2023, according to the quarterly U.S. Bank Freight Payment Index.
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1 week ago | 
sourcingjournal.com | Glenn Taylor
Vietnam’s exports to the U.S. skyrocketed in April as President Donald Trump’s tariffs began reshaping trans-Pacific trade patterns—all while more Chinese exports flow into the southeast Asian country. Shipments to the U.S. jumped 34 percent year over year to $12 billion in the first month of the new duties, which initially were country-specific “reciprocal” tariffs before the Trump administration pushed them back 90 days.
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1 week ago | 
finance.yahoo.com | Glenn Taylor
Vietnam’s exports to the U.S. skyrocketed in April as President Donald Trump’s tariffs began reshaping trans-Pacific trade patterns—all while more Chinese exports flow into the southeast Asian country. Shipments to the U.S. jumped 34 percent year over year to $12 billion in the first month of the new duties, which initially were country-specific “reciprocal” tariffs before the Trump administration pushed them back 90 days.
