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Appeals court stays ruling that blocked Trump tariffs

A federal appeals court on Thursday temporarily stayed a trade court ruling that blocked most of President Donald Trump’s tariffs. 

The ruling by the U.S. Court of Appeals for the Federal Circuit came after the Trump administration earlier told the court that it would ask the Supreme Court for “emergency relief” as soon as Friday absent a pause in the tariff ruling.

The administration is now expected to argue that it is granted broad powers under the law to levy tariffs and other duties.

The stay...

https://www.freightwaves.com/news/appeals-court-stays-ruling-that-blocked-trump-tariffs

Appeals court halts trade court’s tariff injunction: What it means for freight

By Matthew Leffler

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.

In a seismic ruling on Wednesday, the United States Court of International Trade (CIT) delivered a stinging defeat to President Donald Trump’s aggressive tariff policies, striking down a series of import duties imposed under the International Emergency Economic Powers Act (IEEPA). The cases, V.O.S. Selections, Inc. v. United States and Oregon v....

https://www.freightwaves.com/news/appeals-court-stays-trade-courts-tariff-injunction-what-it-means-for-freight

DHL Express Canada, Unifor to resume bargaining

Negotiations between DHL Express and Unifor, which represents about 2,500 unionized employees in Canada, on a collective bargaining agreement are scheduled to resume Sunday in Toronto against the backdrop of a looming strike action.

DHL Express Canada workers earlier this month authorized union leaders to initiate a work stoppage on June 8 in an effort to pressure the company to meet its demands after more than six months of talks, and forestall a potential lockout on that date. Unifor said DHL...

https://www.freightwaves.com/news/dhl-express-canada-unifor-to-resume-bargaining

‘Fear and uncertainty’ driving up China-US container rates

If Hunter S. Thompson had written about supply chain, we might have “Fear and Uncertainty in Ocean Shipping.” He didn’t, but we do. And the supply chain is trying to cope.

Container rates on the Asia-U.S. trade are surging during the pause in the China-U.S. tariff tiff as carriers press for higher prices and gauge shippers’ desperation.

“Fear and uncertainty is a powerful force in global supply chains and we are seeing this clearly as shippers fight to get their goods moving after the temporary...

https://www.freightwaves.com/news/fear-and-uncertainty-driving-up-china-us-container-rates

Canada Post parcel volumes drop 50% as labor dispute compounds challenges

Canada Post parcel volumes are down 50% year over year and continue to drop as ongoing tensions with labor over a new contract erode shipper confidence in the national mail carrier. The package business’s decline, however, predates the current dispute by nearly a decade, the result of management’s inability to respond to competition from private courier companies, according to industry analysts and stakeholders.

Negotiators representing Canada Post and unionized employees are scheduled to resume...

https://www.freightwaves.com/news/canada-post-parcel-volumes-drop-50-as-labor-dispute-compounds-challenges

CMA CGM developing $600M Vietnam container terminal

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CMA CGM Group is partnering with Saigon Newport Corp. to develop a new deepwater container terminal in Haiphong, northern Vietnam.

The agreement covers the design, construction, and operation of the Lach Huyen terminals 7 and 8. The terminal will have a capacity of 1.9 million TEUs and is scheduled to open in 2028.

Thailand is emerging as the biggest winner in Trump's trade war. Container volumes to the US are up 67% year over year.

Vietnam volumes up 34% YoY.

Source: GoSONAR pic.twitter.com/...

https://www.freightwaves.com/news/cma-cgm-developing-600m-vietnam-container-terminal

Maersk, Hapag-Lloyd partner on new Asia-Long Beach service

Maersk (OTC: AMKBY) and Hapag-Lloyd (OTC: HPGLY) announced new container services from East Asia to the U.S. Port of Long Beach.

The additions by the Gemini Cooperation partners, which include the redeployment of at least one ship back into the eastbound trans-Pacific to U.S. West Coast trade, come as carriers scale up during a 90-day pause in reciprocal tariffs by China and the United States.

Maersk’s Gemini TP9 service will be covering East China and North East Asia to Long Beach. The port...

https://www.freightwaves.com/news/maersk-hapag-lloyd-partner-on-new-asia-long-beach-service

Purolator targets summer service for initial ATR converted freighter

Purolator, Canada’s largest overnight parcel carrier and a large logistics services provider, said Tuesday it expects the first of three replacement freighter aircraft used in regional service to enter service in late June.

KF Aerospace, which operates cargo feeder service for Purolator in British Columbia from Purolator’s hub at Vancouver International Airport, announced its airframe modification and maintenance division has completed the passenger-to-freighter conversion of an ATR 72-500. The...

https://www.freightwaves.com/news/purolator-targets-summer-service-for-initial-atr-converted-freighter

Texas, Louisiana Gulf Coast ports post mixed results for April

Container flows in April rose in Houston and Corpus Christi, Texas, while the Port of New Orleans reported declines in containerized and breakbulk movements.

Port Houston records 20% rise in container flows in April

Port Houston handled 387,478 twenty-foot equivalent units in April, a 20% year-over-year increase compared to the same month in 2024. 

Year to date, the port has handled 1.45 million TEUs, a 4% year-over-year increase.

“We are staying busy across our facilities, working with our...

https://www.freightwaves.com/news/texas-louisiana-gulf-coast-ports-post-mixed-results-for-april

Maersk more than halfway through $1B stock buyback

A.P. Moller-Maersk, parent of shipping line Maersk, said it has bought back almost $600 million of a total planned $1 billion worth of its own shares in the first phase of a purchase program.

Copenhagen, Denmark-based Maersk (OTC: AMKBY) in February announced it planned to buy back a total of $2 billion worth of shares in two phases over 12 months.

The first phase of the buyback program began Feb. 7 and will run to August of this year. The shares to be acquired will be limited to a total market...

https://www.freightwaves.com/news/maersk-more-than-halfway-through-1b-stock-buyback

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