Loading of Venezuela’s heavy crude at its main oil ports slowed this week after the U.S. imposed a tariff on trade with countries buying the South American nation’s oil and producer Chevron began reducing its tanker fleetthere, according to shipping data and a document seen on Tuesday.
TARIFFS
Trump Port Levies On Chinese Ships Could Mean Billion-Dollar ‘Trade Apocalypse’ Industry Executives Say
The U.S. Trade Representative is gearing up for hearings this week on the proposed port fees targeting Chinese vessels. Industry and maritime executives are expected to detail the adverse effect the levy would have on the U.S. economy and global trade as a whole.
‘Liberation Day’ tariffs scaled back; impact of port fees; sober in supply chain | WHAT THE TRUCK?!?
On Episode 817 of WHAT THE TRUCK?!?, Dooner is talking to OEC Group’s Erik Rosica about “Liberation Day” tariffs and the impact of port fees. With rumblings that April 2 tariffs may be scaled back, will it spell relief for global supply chains?
Dooner quit drinking in November 2016 after a 19-year battle with alcoholism. He recently talked about the experience on Whitney Johnson Cowell’s new podcast “Dry Conversations.” We’ll find out why Cowell started the show and whom she hopes to help on the...
Trump may take softer approach on April 2 ‘reciprocal’ tariffs
President Donald Trump said he is considering a more targeted slate of reciprocal tariffs on April 2 than previously expected.
Trump has called April 2, when the tariff policy is to be revealed, “Liberation Day,” and could include broad reciprocal tariffs to match duties that other countries charge on U.S. imports.
The White House said the tariffs set to begin April 2 likely won’t be as wide-ranging as previously planned.
“I may give a lot of countries breaks. It’s reciprocal, but we might be even...
https://www.freightwaves.com/news/trump-may-take-softer-approach-on-april-2-reciprocal-tariffs
Trump Says Nations Buying Venezuela Oil, Gas Face 25% Charge
President Donald Trump said he would seek a 25% tariff on any nation purchasing oil and gas from Venezuela, citing migration and criminal gang members in the US.
https://gcaptain.com/trump-says-nations-buying-venezuela-oil-gas-face-25-charge/
Borderlands México: los aranceles podrían llevar a México a la recesión, según el informe
Borderlands es un resumen semanal de desarrollos en el mundo del transporte y el comercio transfronterizo de los Estados Unidos-México. Esta semana en Borderlands: los aranceles podrían llevar a México a la recesión, dice el informe; Echo Global Logistics amplía las operaciones en México; Americold adquiere instalaciones de logística cerca de Houston; y GM acepta […]
Esta entrada Borderlands México: los aranceles podrían llevar a México a la recesión, según el informe Aparece primero en FullAvant...
La línea de transporte más grande de China ve ganancias impresionantes en los ingresos, ganancias
La línea de envío de contenedores más grande de China vio ganancias masivas en ingresos y ganancias en 2024. Cosco Shipping Holdings reportó ingresos operativos de $ 33.29 mil millones en 2024, un aumento del 33.29% respecto al año anterior. El cuarto transportista de contenedores más grande del...
Borderlands Mexico: Tariffs could lead Mexico into recession, report says
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week in Borderlands: Tariffs could lead Mexico into recession, report says; Echo Global Logistics expands operations in Mexico; Americold acquires logistics facility near Houston; and GM agrees to 10.25% wage increase at Mexican plant.
Tariffs could lead Mexico into recession, report says
Mexico’s economy could be the most affected by an escalating global trade war, leading...
China’s largest shipping line sees stunning gains in revenue, profits
China’s largest container shipping line saw massive gains in revenue and profits in 2024.
Cosco Shipping Holdings reported operating revenue of $33.29 billion in 2024, an increase of 33.29% from the previous year.
The world’s fourth-largest container carrier (OTC: CICOF) said earnings before interest and taxes (EBIT) totaled $9.79 billion, an increase of 90.74% year over year.
Net profit soared by 95% to $7.75 billion, while net profit attributable to shareholders was $6.87 billion, an increase...