Tariff truce for Canada and Mexico – China retaliates, but lightly Donald Trump’s use of tariffs for leverage and ‘deal-making’ was proven yesterday when those to be imposed on Canada and Mexico today were postponed following security pledges from the US’s ...

Jan 2, 2025 · US media reports negotiations are set to continue on 7 January, leaving just eight days for the USMX and ILA to agree a new master contract. Meanwhile, Maersk urged customers: “We strongly encourage our customers to pick up their laden containers and return empty containers at US east and Gulf coast ports before 15 January.

Jan 22, 2025 · For decades, vessel owners, like virtually everybody else, were happy to procure from the source offering the lowest cost – China, said Lars Jensen, CEO of shipping consultancy Vespucci Maritime.

Dec 23, 2024 · The Loadstar, as is traditional, shuts up shop tomorrow, 24 December, until 2 January.However, (as is also traditional) we’ve condensed 2024’s year of supply-chain news into 12 quick quiz questions to test you on the going’s on of each month.

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Jan 8, 2025 · Here’s a memo out this week to Oaktree clients, written by market veteran Howard Marks. Exactly 25 years ago today, I published the first memo that brought a response from readers (after having written for almost ten years without receiving any). The memo was called bubble.com, and the subject was the irrational behavior I thought was taking place with …

Dec 11, 2024 · Seko Logistics has revealed it has a new majority owner following recapitalisation, and it has put in a new leadership team. In September, Seko said that due to the ‘ongoing freight recession’, it had had to refinance.Today it announced the “successful” close of the deal, with its existing lenders taking over majority ownership of the group.

Jan 2, 2025 · A total of 2.92m teu of new capacity was added to the global container shipping fleet over the course of 2024, the lion’s share of new tonnage being assigned to the Asia-Europe trades, according to new analysis by Alphaliner.

Jan 3, 2025 · The impending network changes made by the big container lines look set to ensure continuation of services around the Cape of Good Hope until the latter half of 2025.

Nov 20, 2024 · For Hong Kong-Nhava Sheva bookings, rates have climbed to $1,600 per teu and $1,900 per feu, doubling from the late-October levels. “Ocean rates from the Far East to India are again on the rise,” a Mumbai-based shipper told The Loadstar.. “Our load port agents are not finding enough vessel space,” the source added.