
Freight Market Update: August 14, 2019
Wolverine Worldwide boosts inventory ahead of new footwear tariffs as US-China trade war tensions and Hong Kong protests disrupt trade hubs.

Wolverine Worldwide boosts inventory ahead of new footwear tariffs as US-China trade war tensions and Hong Kong protests disrupt trade hubs.

New China tariffs spike US imports and strain port warehousing ahead of September 1, as the UK unveils a post-Brexit plan for 10 free ports.

Trump announces a 10% tariff on the remaining $300 billion in Chinese goods as Asia's trade slump shows signs of easing in the August 1, 2019 update.

The WTO reports trade-restrictive measures at record levels, while a study finds over 80% of fashion firms plan to shift sourcing away from China amid tariffs.

Extreme rail congestion grips U.S. and Canada networks as post-Chinese New Year and tariff volumes overwhelm terminals and chassis, March 20, 2019.

Severe UK port congestion squeezes trucking capacity and inland costs, while China unveils a plan to build 150 logistics hubs by 2025.

Holiday closures and low European water levels strain trucking and barge capacity, while congested UK ports cut productivity ahead of CNY cargo.

Carriers cancel blank sailings as ocean space tightens ahead of Golden Week, and Transpacific spot rates hit their highest peak-season levels in two years.