The New Administration & Ocean Freight Impacts

Ocean Freight Costs Horizontal - The Chemical Company

While the incoming administration has vowed to review, and possibly significantly increase tariffs on China, a Trump presidency is also slated to impact ocean container shipping costs as well. In the first round of Trump-enacted tariffs, ocean freight rates rose in tandem due to increased demand and urgency in clearing material into the US. A similar spike is being anticipated to those closely watching ocean shipping markets.

To read more, click here.

Share:

Facebook
Twitter
LinkedIn
Email

Related Posts

Global Petrochemical Overhauls

Markets across the globe are taking a serious look at production and capacities, and recently have seen a wave of consolidation in the face of

EU Tariff Agreement Exceeds Expectations

Understanding the nuances of the US-EU trade agreement—especially the recently established 15% tariff threshold—can help importers make informed decisions and effectively manage costs on new

Seasonal Products In Scope

As summer is in full-swing, planners and purchasing managers slowly start to turn their attention to fall and winter bids, requirements and budgets. The effects