POLA sees declines for June and mid-year volume tallies
July 15, 2020
Total June TEU (Twenty-Foot Equivalent Units), at 691,475, were down 9.6% compared the June 2019, which was the best June in the port’s 113-year history. And on a year-to-date basis, total TEU volume, at 3,761,889 TEU, were off 17.1% annually.
Top Port of Los Angeles executive rings bell for changes in how ports operate
June 11, 2020
At a time when the combination of the COVID-19 pandemic and the ongoing United States-China trade war continue to have a detrimental effect on container shipping, and the supply chain, at large, the head of the nation’s largest port says it is time for the port to reinvent itself. That was the word from Gene Seroka, executive director of the Port of Los Angeles (POLA).
Data from Tariffs Hurt the Heartland present clear impact of tariffs and trade war
November 7, 2019
While reports this week point to the possibility of progress being made on the phase one trade deal between the United States and China in the ongoing tariff-centric trade war, that does not diminish the impact and increased costs that this situation has wrought to date. That sentiment was made clear in data issued this week by Tariffs Hurt the Heartland, a nationwide, bipartisan campaign focused on telling the stories of American families, businesses and workers who are hurt by...
Most recent U.S. tariff plans are not well received by supply chain stakeholders
August 2, 2019
When President Trump yesterday announced that the United States will be implementing a 10% tariff on $300 billion in Chinese imports, effective September 1, it understandably sent further shockwaves through the freight transportation and logistics sectors.
When it comes to the U.S.-China trade war, there is no clear end in sight
May 14, 2019
Last week in this space the topic of imminent additional tariffs to be placed on United States-bound imports out of China, part and parcel of the seemingly interminable U.S.-China trade war, was front and center. Well, those tariffs, to the tune of 25% on around $200 billion worth of Chinese goods and products, coupled with President Trump recently saying he is ready to further up the ante, with a 25% tariff on more Chinese imports were met, not unexpectedly, with retaliatory...
Tariff and trade war tension continues to simmer based on Trump’s latest Tweets
May 6, 2019
That feeling that the United States-China “trade war” was going to come to some kind of a mutually beneficial resolution by late May or early June does not exactly seem like such a given, based on recent, you guessed it, Tweets issued by President Trump, right?
