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Published on 20:51 GMT

Container shipping firms cull Asia-US service as Trump tariffs collapse trade

By Lisa Baertlein LOS ANGELES (Reuters) -Major container shipping companies are suspending at least six scheduled weekly routes between China and the United States as President Donald Trump's punishing tariffs on the world's top exporting country …

Source: Yahoo Finance - Pending
Published on 19:25 GMT

First Chinese freight ship goods hit with Trump's 145%-plus tariffs arriving at U.S. ports

Container ships sit docked at the Port of Los Angeles on May 06, 2025 in San Pedro, California. Justin Sullivan | Getty Images News | Getty Images The first shipping containers carrying Chinese products that are subject to President Donald Trump's 145% …

Source: CNBC - Neutral
Published on 22:08 GMT

Shipping firms slash China-U.S. routes as Trump tariffs hit trade

REUTERS/MIKE BLAKE/FILE PHOTO A drone view shows shipping containers from China at the Port of Los Angeles, in San Pedro, Calif., on May 1. Major container shipping companies are suspending at least six scheduled weekly routes between China and the …

Source: Honolulu Star-Advertiser - Hawaii - Neutral
Published on 16:35 GMT

U.S. agriculture fears higher shipping rates

American agriculture officials are still trying to sort out the ramifications of new shipping fees, but the consensus is that they’re bad for business. The U.S. Trade Representative (USTR) recently announced the “targeted actions” it is taking in response …

Source: Manitoba Co-operator - Neutral
Published on 16:03 GMT

Freight shipper says ‘millions’ of businesses in peril from China tariffs

Ryan Petersen, chief executive officer of the tech-focused freight company Flexport Inc., hasn’t shied away from criticizing the Trump administration’s trade war. In late April, Petersen traveled to Washington, D.C., to give Trump officials and Republican …

Source: The Pasadena Star News - California - Neutral
Published on 14:08 GMT

World News | Pakistan's Shipping Industry Faces Challenges Amid Indo-Pak Tensions

Karachi, May 9 (PTI) Pakistan's bustling shipping industry is grappling with disruptions due to the ongoing tensions with India, resulting in longer transit times and increased freight charges, officials and traders here said on Friday. The strain …

Source: Latestly - Indeterminate
Published on 15:02 GMT

Shippers unlikely to return quickly to Red Sea after ceasefire

Major shipping companies are likely to take their time before fully resuming transits through the Red Sea, waiting to see if a ceasefire announced May 6 results in an end to attacks by Houthis on ships in the region over a prolonged period. A ceasefire …

Source: Hellenic Shipping News - Neutral
Published on 11:51 GMT

SHIPS for America Act another unexpected headache for shippers: Xeneta

The re-introduction of the SHIPS for America Act last week is yet another example of the complexity and uncertainty facing ocean container shippers in 2025, according to Norway-based ocean and air freight market intelligence Xeneta.With yet more fees to …

Source: Fibre 2 Fashion - Pending
Published on 19:16 GMT

12,000 shipping containers with the first 145%+ tariffs arrive at US ports

Around 12,000 shipping containers that are subject to President Trump’s 145%+ tariffs are on the first group of Chinese freight ships to arrive at the Ports of Los Angeles and Long Beach. These containers carry goods from companies like Amazon, Home Depot, …

Source: Cryptopolitan - Indeterminate
Published on 19:24 GMT

Import Cargo Levels To See First Year-Over-Year Drop Since 2023 As Impact Of...

WASHINGTON — May 9, 2025 — Import cargo at the nation’s major container ports is expected to see its first year-over-year decline in over a year and a half this month as the effect of tariffs imposed by President Donald Trump on the supply chain increases …

Source: Textile World - Neutral
Published on 19:56 GMT

Tips for Finding Durable Food Containers for Your Food Truck

Running a food truck is no small feat, and finding the right food containers is a detail that can make or break your operation. Durable containers are essential for keeping food fresh, preventing leaks, and streamlining prep and storage in a fast-paced …

Source: Muncie Voice - Pending
Published on 14:08 GMT

Trump’s tariffs weigh heavy on truckers as overseas shipments sink

Freddy Lazo left a restaurant job for a higher paying one in trucking about two-and-a-half years ago. But the way President Trump’s trade war is going, he’s thinking he might have to go back to waiting tables soon. “It’s really super slow,” Lazo said, …

Source: Minnesota Reformer - Left-wing
Published on 14:49 GMT

Steep freight increase at Europe's biggest Silk Road terminal

Over the last year or so, Warsaw-based logistics company Symlog has recorded a steep rise in freight activity. "We had the pandemic, the war starting in Ukraine and the Red Sea crisis," Symlog's Mateusz Grzywacz tells CGTN. "All of those …

Source: CGTN - Gov't Propaganda
Published on 20:10 GMT

First Drop for Inbound Containers Forecast After Surge Ahead of Tariffs

U.S. retailers and the logistics tracking services for shippers are sounding the alarm on the expected dramatic declines coming for import containers as the Trump tariffs go into effect. The National Retail Federation (NRF) released data predicting the …

Source: The Maritime Executive - Pending
Published on 13:52 GMT

Maersk Sounds Alarm Over Drop in Container Volumes Amid US-China Trade War

Danish shipping giant Maersk has warned that a protracted dispute could shrink global volumes this year as container volumes plunged 30 to 40 percent between the US and China in the month of April amid their ongoing trade war. Tariffs imposed by US …

Source: SeaNews - Pending
Published on 12:21 GMT

Croatia seizes 85 kg of cocaine in banana shipment

Authorities at the Port of Rijeka in Croatia have intercepted 85 kilograms of cocaine concealed in banana containers. The shipment originated from Ecuador and transited through Malta, as announced by police authorities, according to KosovaPress. Andrej …

Source: Fresh Plaza - Neutral
Published on 13:30 GMT

Customs Moves To Achieve 2-Hour Cargo Clearance At Tincan Command Through B’Odogwu Platform

… Generates N145Bn In April, Task Importers, Agents On Honest Declaration Of Cargoes The Tincan Island Command of the Nigeria Customs Service (NCS) has averred that the full implementation of the B’Odogwu system at the command would reduce cargo clearance …

Source: Daily Independent - Pending
Published on 15:53 GMT

Maersk: US-China trade war will swing world container demand

A.P. Moller-Maersk, the world’s second-largest ocean carrier, said global container demand this year hinges on the outcome of U.S.-China trade negotiations. The parent of Maersk (MAERSK-B.CO) on Thursday revised its full-year volume outlook from a decline …

Source: FreightWaves - Pending
Published on 12:20 GMT

Drewry's World Container Index drops 1% to $2,076 per 40ft

World Container Index - 08 May The Drewry WCI composite index decreased 1% to $2,076 per 40ft container, 80% below the previous pandemic peak of $10,377 in September 2021. However, the index was 46% higher than the average $1,420 in 2019 (pre-pandemic). …

Source: Fresh Plaza - Neutral

03 days 05:49:11

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Published on May 9, 2025 - 14:00 GMT

HII Welcomes High School Seniors to Shipbuilding Careers at Newport News Shipbuilding

NEWPORT NEWS, Va., May 09, 2025 (GLOBE NEWSWIRE) -- More than two dozen high school seniors know what they’ll be doing after graduation this year, after accepting offers to begin their shipbuilding careers at HII’s (NYSE: HII) Newport News Shipbuilding …

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Published on May 9, 2025 - 10:00 GMT

Automotive Load Floor Market to Reach USD 494.8 Million by 2035, Rise in Utility-Oriented Vehicle Production

Automotive Load Floor Market grows with demand for enhanced cargo space, lightweight materials, and vehicle interior customization. NEWARK, DE, UNITED STATES, May 9, 2025 /⁨EINPresswire.com⁩/ -- The global automotive load floor market is poised …

Distribution channels: Automotive Industry ...

Published on May 8, 2025 - 19:21 GMT

CBP Acting Commissioner Pete Flores addresses the Trade and Cargo Security Summit

NEW ORLEANS – Good afternoon, everyone. It's a full room. It’s good. It’s good to see the participation here today and everybody in the room really for a week of collaboration with us, really, as we start this off. That's what this event is for, …

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Published on May 8, 2025 - 13:00 GMT

U.S. Cargo Drones Market to Reach $3,275.1 Million by 2030 – Revolutionizing Logistics!

Delray Beach, FL, May 08, 2025 (GLOBE NEWSWIRE) -- The report "US Cargo Drones Market by Solution [Avionics, Route Planning & Optimizing, Fleet Management, Ground Control Stations, Services], Range (Short, Mid, Long) , Payload (10-49 Kg, 50-149 Kg …

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Published on May 7, 2025 - 09:18 GMT

AsstrA at Transport Logistic 2025 in Munich

AsstrA-Associated Traffic AG is excited to announce its participation in Transport Logistic 2025. SWITZERLAND, May 7, 2025 /⁨EINPresswire.com⁩/ -- AsstrA-Associated Traffic AG is excited to announce its participation in Transport Logistic 2025, the world …

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Published on May 7, 2025 - 20:20 GMT

Genco Shipping & Trading Limited Announces Q1 2025 Financial Results

Declares Dividend of $0.15 per share for Q1 2025 Represents Genco’s 23ʳᵈ Consecutive Quarterly Dividend Announces a $50 Million Share Repurchase Program Building on Long-Standing Dividend Strategy NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) -- Genco Shipping …

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Published on May 7, 2025 - 18:53 GMT

22 Shipping Companies Presenting at the 2nd Maritime Leaders Summit Hosted By: Capital Link & DNV - Nor-Shipping - ...

NEW YORK, May 07, 2025 (GLOBE NEWSWIRE) -- Senior executives from 22 leading shipping companies will participate on panels discussions at the “2nd Maritime Leaders Summit” on Monday, June 2, 2025, at the Clarion Hotel The Hub in Oslo, Norway. The event is …

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Published on May 6, 2025 - 21:03 GMT

2025 Providence Maritime Welding Competition Showcases Student Talent and Career Pathways in Shipbuilding

PMFG's Maritime Welding competition brought together students, educators, and industry leaders highlighting opportunities in shipbuilding & manufacturing. PROVIDENCE, RI, UNITED STATES, May 6, 2025 /⁨EINPresswire.com⁩/ -- The 2025 …

Distribution channels: Automotive Industry, Aviation & Aerospace Industry ...

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Shipping, Storage & Logistics Press Releases

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Published on May 9, 2025 - 18:52 GMT

Royal 4 Systems Partners with Labor AI’s ELS solution for their WISE 11.0 cloud WMS

Royal 4 Systems announced the release of LaborAI’s Engineered Labor Standards solution in WISE Warehouse Management System (version 11.0) LONG BEACH, CA, UNITED STATES, May 9, 2025 /⁨EINPresswire.com⁩/ -- Royal 4 Systems, a leading producer and …

Distribution channels: Automotive Industry, Healthcare & Pharmaceuticals Industry ...
Published on May 9, 2025 - 18:49 GMT

Executives Discuss Trade Uncertainty and Share Trends and Insights at the 3PL Value Creation Asia Summit

The summit brings together executives from third-party logistics (3PL), supply chain and logistics professionals, investors, and technology experts. BROOKFIELD, WI, UNITED STATES, May 9, 2025 /⁨EINPresswire.com⁩/ -- On July 9th, Armstrong & …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on May 9, 2025 - 16:02 GMT

Statement from NRLCA President Don Maston on the Appointment of David Steiner as USPS Postmaster General

WASHINGTON, DC, UNITED STATES, May 9, 2025 /⁨EINPresswire.com⁩/ -- The United States Postal Service is one of our nation’s oldest and most trusted institutions, rooted in a 250-year legacy of public service. As the USPS Board of Governors confirms …

Distribution channels: Business & Economy, Companies ...
Published on May 9, 2025 - 10:00 GMT

MindCloud Awarded the Spring 2025 High Achiever Award by TopBusinessSoftware.com

MindCloud, proudly announces that it has been awarded the Spring 2025 High Achiever Award from TopBusinessSoftware.com. CLEARWATER, FL, UNITED STATES, May 9, 2025 /⁨EINPresswire.com⁩/ -- MindCloud, a leader in AI-powered software integrations, …

Distribution channels: Agriculture, Farming & Forestry Industry, IT Industry ...
Published on May 9, 2025 - 20:15 GMT

Navigator Gas Announces 2025 Annual Meeting

LONDON, May 09, 2025 (GLOBE NEWSWIRE) -- Navigator Holdings Ltd. (described herein as “Navigator Gas” or the “Company”) (NYSE: NVGS), the owner and operator of the world’s largest fleet of handysize liquefied gas carriers, today announces that its 2025 …

Distribution channels: Business & Economy, Shipping, Storage & Logistics ...
Published on May 9, 2025 - 20:15 GMT

Okeanis Eco Tankers Corp. – Invitation to Q1 2025 Results Conference Call and Webcast

ATHENS, Greece, May 09, 2025 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (the “Company” or “OET”) (NYSE:ECO / OSE:OET), will report unaudited condensed results for the first quarter of 2025, after market close on the NYSE, on Wednesday, May 14, 2025, and …

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Published on May 9, 2025 - 20:05 GMT

Navigator Gas Announces Change to Board of Directors

LONDON, May 09, 2025 (GLOBE NEWSWIRE) -- Navigator Holdings Ltd. (described herein as “Navigator Gas” or the “Company”) (NYSE: NVGS), the owner and operator of the world’s largest fleet of handysize liquefied gas carriers, announces the following change to …

Distribution channels: Companies, Shipping, Storage & Logistics ...
Published on May 9, 2025 - 20:00 GMT

Integrated Rail & Resources Executes a 7-Year Supply and Offtake Agreement with Shell for Crude Oil Processing Facility

WINTER PARK, Fla., May 09, 2025 (GLOBE NEWSWIRE) -- Integrated Rail & Resources Acquisition Corp. (OTC: IRRX) (“IRRX”) and Shell Trading (US) Company (“Shell”) have entered into a 7-year supply and offtake agreement under which STUSCO will supply crude …

Distribution channels: Media, Advertising & PR, Shipping, Storage & Logistics ...
Published on May 9, 2025 - 18:04 GMT

DP World Signs Agreement to Launch $760M Port & Free Trade Zone in Dominican Republic

SANTO DOMINGO, Dominican Republic, May 09, 2025 (GLOBE NEWSWIRE) -- DP World has signed a landmark US$760 million Memorandum of Understanding (MoU) with the government of the Dominican Republic to expand the Port of Caucedo and its Free Trade Zone, setting …

Distribution channels: Business & Economy, Media, Advertising & PR ...
Published on May 9, 2025 - 06:02 GMT

Martinus Rail and A1 Technologies: Cost Consolidation and Strategic IT Roadmap for Nearly $1M Savings

Strategic IT roadmap aligned spend, security, and governance—optimising Microsoft 365 and cutting nearly $1M in costs over 3 years. BRISBANE, AUSTRALIA, May 9, 2025 /⁨EINPresswire.com⁩/ -- A1 Technologies, a Microsoft Solutions Partner and provider of …

Distribution channels: IT Industry, Shipping, Storage & Logistics ...
Published on May 9, 2025 - 17:06 GMT

GXO meldet Ergebnisse für das erste Quartal 2025

Umsatz steigt im ersten Quartal gegenüber dem Vorjahr um 21 % auf 3 Milliarden USD, bei einem organischen Umsatzwachstum von 3 % Die Umsatzpipeline wurde auf ein Dreijahreshoch von 2,5 Milliarden USD gesteigert, Wincanton ausgenommen Rückkauf von 2,8 …

Distribution channels: Business & Economy, Shipping, Storage & Logistics ...
Published on May 9, 2025 - 17:06 GMT

GXO publie ses résultats du premier trimestre 2025

Chiffre d’affaires arrêté à 3 milliards de dollars, soit une progression de 21 % en glissement annuel et croissance organique à hauteur de 3 % Prévisions commerciales à 3 ans de l’ordre de 2,5 milliards de dollars, hors Wincanton 2,8 millions d’actions …

Distribution channels: Business & Economy, Shipping, Storage & Logistics ...
Published on May 9, 2025 - 12:00 GMT

Xos, Inc. Announces First Quarter 2025 Earnings Release Date and Conference Call

LOS ANGELES, May 09, 2025 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS), a leading electric truck manufacturer and fleet services provider, announced it is scheduling the release of its first quarter 2025 operating results on Wednesday, May 14, 2025 after …

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Published on May 9, 2025 - 09:53 GMT

Nordic American Tankers Ltd (NYSE: NAT) – The company is in an active phase of development

Friday, May 9, 2025 Dear Shareholders and Investors, The first months of 2025 since the end of 2024 has been the most active period in Nordic American (NAT) for several years. The path forward is up. Dividend is a priority. As per previous …

Distribution channels: Shipping, Storage & Logistics ...
Published on May 8, 2025 - 20:36 GMT

AI vs. Tariffs in Global Trade: New 2025 Report Details AI Mitigation for Soaring Costs & Trade Contraction

global trade landscape faced a shock in early 2025, caught in the crosscurrents of aggressive tariff regimes and the transformative power of (AI). LONDON, UNITED KINGDOM, May 8, 2025 /⁨EINPresswire.com⁩/ -- The global trade landscape faced a …

Distribution channels: Shipping, Storage & Logistics ...
Published on May 8, 2025 - 18:03 GMT

Mallplaza growth in visitor flows, revenue and EBITDA positioning it as the fastest-growing company in the industry

The performance of its unique portfolio in the Andean Region stands out, leader in tenant sales and revenues SANTIAGO, CHILE, May 8, 2025 /⁨EINPresswire.com⁩/ -- Mallplaza continues to post positive financial results. In 1Q2025, the company …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on May 8, 2025 - 15:32 GMT

Polyvance Expands Heavy Truck Hood Repair Solutions with New Kits for Peterbilt 579 and Kenworth T800 Models

RAINSVILLE, AL, UNITED STATES, May 8, 2025 /⁨EINPresswire.com⁩/ -- Polyvance, a leader in automotive and industrial plastic repair solutions, is pleased to announce the launch of two innovative heavy truck hood repair kits: one specifically …

Distribution channels: Automotive Industry, Building & Construction Industry ...
Published on May 8, 2025 - 15:10 GMT

Movers.com Offers Expert Tips for Stress Free Moves This 2025 Peak Season

With the busy moving season officially underway in May, Movers.com shares essential planning tips to help Americans relocate smoothly and affordably. NORTH BRUNSWICK, NJ, UNITED STATES, May 8, 2025 /⁨EINPresswire.com⁩/ -- As the U.S. enters its …

Distribution channels: Real Estate & Property Management, Shipping, Storage & Logistics ...
Published on May 8, 2025 - 14:15 GMT

Fastport Partners with American Trucking Associations' Workforce Heroes Program to Support Veteran Career Transition

Fastport partners with ATA’s Workforce Heroes Program to help Veterans transition into trucking and transportation careers. WASHINGTON, DC, UNITED STATES, May 8, 2025 /⁨EINPresswire.com⁩/ -- Fastport, a leader in helping military veterans transition into …

Distribution channels: Business & Economy, Companies ...
Published on May 8, 2025 - 13:00 GMT

SCAYLE's ‘Conversion Killer’ report reveals 71% of US consumers are uncomfortable with the way retailers are using AI

Research of over 1500 US shoppers highlights 71% uncomfortable with some of the AI tools being used by retailers, and 1 in 3 put prices over brand loyalty. HAMBURG, GERMANY, May 8, 2025 /⁨EINPresswire.com⁩/ -- Consumer research released today by SCAYLE, …

Distribution channels: Culture, Society & Lifestyle, IT Industry ...