
Freight Market Update: October 9, 2019
Amid the US-China trade war and IMO 2020, Europe floated a carbon border tax while the IMF warned of a synchronized global economic slowdown.

Amid the US-China trade war and IMO 2020, Europe floated a carbon border tax while the IMF warned of a synchronized global economic slowdown.

Air freight demand fell over 3% year-over-year amid ongoing U.S.-China trade conflict, as Trump's trade policies threaten to ripple beyond China to ally nations.

US toymakers including Hasbro look to cut Chinese imports after new tariff announcements, while additive manufacturing rises as a supply chain cost-saver.

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

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.

Ocean and air freight rates with trucking and customs news for July 17, 2019, as Panama Canal drought restricts vessels and LA/Long Beach fees rise.

LA/Long Beach and New York ports saw extreme congestion and chassis shortages as importers front-loaded volume ahead of tariff hikes and Chinese New Year.