China unveiled on Friday retaliatory tariffs against about $75 billion worth of U.S. goods, putting an additional 10% on top of existing rates in the latest tit-for-tat exchange in a protracted dispute between the world's top two economies…
Senior Chinese and U.S. trade officials spoke by telephone on Tuesday as the Chinese side lodged solemn representation on additional tariffs on Chinese goods scheduled to start next month, China's Ministry of Commerce said in a statement.The statement was issued at around the same time that U…
Volumes Increase 9.4% Compared to Previous Year.For the fourth consecutive month, the Port of Los Angeles has set a new single-month cargo record. In July, the Port moved 912,154 Twenty-Foot Equivalent Units (TEUs), the busiest July in the Port’s 112-year history…
Tariffs continue to hamper trans-Pacific trade.Port of Long Beach cargo volumes last month were down from the previous July, when the number of containers moved through the harbor neared 700,000 twenty-foot equivalent units (TEUs).The July 2019 total…
Last month was the busiest in the Port of Oakland’s 92-year history for containerized import cargo. The Port said it handled the equivalent of 90,598 20-foot import containers in July. It was the first time ever that Oakland import volume had crossed the 90…
Konecranes has started to deliver a fleet of Konecranes Noell straddle carriers to APMT Barcelona in Spain. Twenty-nine diesel-electric Konecranes Noell Straddle Carriers, all equipped with the Konecranes Noell twin-lift spreader, will be delivered to APMT Barcelona in two batches…
Imports at the nation’s major retail container ports are expected to continue at near-record levels this month and the remainder of the year despite a new round of tariffs on goods from China, according to the monthly Global Port Tracker report…
The Northwest Seaport Alliance (NWSA), a marine cargo operating partnership of the ports of Tacoma and Seattle, is now accepting proposals for Terminal 46, a 50-acre deep-water marine terminal.The port authority based in the Puget Sound region…
NEW YORK, Aug 5 (Reuters) - Stock markets around the world fell hard on Monday on fears that China's willingness to let the yuan slide in response to the latest U.S. tariff threat could further aggravate trade-related tensions between the world's two largest economies…
New study finds port investments including Harbor Deepening have resulted in “significant” job growth over last five years.Cargo activity through Jacksonville’s seaport positively impacts tens of thousands of jobs and supports nearly $31.1 billion in annual economic output for the region and state…
Yusen Terminals LLC has announced that its Board of Directors has appointed Alan McCorkle as Chief Executive Officer effective August 1, 2019. He will assume the day-to-day leadership of the Company and will become a member of Yusen Terminal’s Board of Directors…
U.S. President Donald Trump said on Thursday he would impose an additional 10% tariff on $300 billion worth of Chinese imports starting Sept. 1, as talks aimed to ease tensions between the world's two largest economies continue.'Trade talks are continuing…
ZIM has announced a new service between Mexico, Caribbean and Central America, commencing on the second half of August, with the following rotation:Veracruz-Altamira-P. Cortes-Santo Tomas-Kingston-Rio Haina-San Juan-Kingston-Veracruz ZIM will operate 3 vessels in a weekly…
The outlook for global container port demand is modest growth and numerous uncertainties, but in the face of this, capacity expansion plans are also muted. This means that most world regions will see an increase in average terminal utilization…
U.S. and Chinese negotiators wrapped up a brief round of trade talks on Wednesday that Beijing described as 'constructive', including discussion of further purchases of American farm goods and an agreement to reconvene in September.The first…
