China-US trade tariff pause could drive a rebound for transpacific rates - The Loadstar

After the US and Chinese governments agreed to slash reciprocal tariffs, shipping lines are expecting an early peak season on the transpacific eastbound trade, and have announced surcharges of $1,000-$2,000 per 40ft, said container shipping consultancy Linerlytica today. Peak season is traditionally between July and September, when US and European retailers stock up with goods from Chinese factories for the Thanksgiving and Christmas holiday seasons. During the 90-day grace period of reduced tariffs, US importers are expected to front-load to avoid potential ...

Trade war retreat a massive boost for Boeing - The Loadstar

Boeing's fortunes have been revived somewhat following a surrender in the trade wars. Chinese countermeasures to US tariffs included Chinese airlines refusing to accept Boeing aircraft, which Boeing said it would try to resell elsewhere. China accounts for about 10% of Boeing's commercial backlog, with some 50 aircraft due to go to China this year. But the trade looks to be back on. And following the US-UK 'trade deal' - which included notification that a UK carrier would buy $10bn-worth of ...

Expeditors to shareholders: 'Mum's the word' - The Loadstar

At times, Expeditors (EXPD) of Seattle delights investors disclosing insight on its business. It usually takes place twice a year via 'selected questions & answers' in which investors can ask what they want in writing. If that resembles a Old Stone Age anachronism for a listed company operating in a third-world economy, there are nonetheless a few little nuggets that Seattle shares with the public. In a filing lodged yesterday with the Securities and Exchange Commission (SEC), the forwarder tried its best to ...