EXPORTS

Surprise! Tariffs could slash prices where they hurt you most

The standard arguments against increasing tariffs on China often revolve around fears that:

  • Inflation is due to increased costs of imported goods.
  • Retaliatory tariffs from China could impact our exports.

However, there’s a silver lining in the structure of U.S. exports to China.

China exports far more to the U.S. than we export to them, leading to a significant trade deficit. While China floods our markets with manufactured products, its primary imports from us are in categories that directly...

https://www.freightwaves.com/news/surprise-tariffs-could-slash-prices-where-they-hurt-you-most

Port roundup: Strong annual growth across the board

The Lunar New Year has come and gone, but its impact at U.S. ports has been felt for weeks after the holiday.. Even with the impacts of the Lunar New Year arising at ports across the country in the form of sequential declines in imports, port figures across the board are holding up compared to the previous year.

Across the ports, Lunar New Year’s arrival about two weeks later than in 2023 is causing the sequential dip in volumes.

The Port of Los Angeles led the West Coast ports higher on an...

https://www.freightwaves.com/news/port-roundup-strong-annual-growth-across-the-board

Descartes: Container import volume trajectory is strong

The container market continued to show strength in March as the pull forward ahead of the Lunar New Year continues to pay dividends at the ports.

According to the monthly report by Descartes, U.S. container import volumes in March climbed by 0.4% from February and over 15% from March 2023. The year-over-year gains can be explained by the timing of the Lunar New Year: This year’s holiday occurred nearly three weeks later than in 2023.

Descartes reported that U.S. container import volumes in...

https://www.freightwaves.com/news/descartes-container-import-volume-trajectory-is-strong

Port Houston shows import strength in February

The Gulf Coast ports have received a lot of attention in recent years and rightfully so. The ports along the Gulf Coast provided a pressure relief valve of sorts, though they suffered with congestion throughout the pandemic as well.

What separates the Gulf Coast ports from the major East and West Coast ports is the importance that bulk cargo and the industrial sector as a whole play in port volume. At Port Houston, over a third of all tonnage cleared in 2022 was noncontainerized.

Source: Port...

https://www.freightwaves.com/news/port-houston-shows-import-strength-in-february

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