New freight container wave to beat China tariffs deadline begins at nation's busiest ports

New freight container wave to beat China tariffs deadline begins at nation's busiest ports

A new wave of shipping containers from China is arriving to Port of Los Angeles and Long Beach, California, to beat an upcoming deadline for Trump tariffs.

Container’s wild mood swings

Donald Trump’s chaotic trade policy making has led to unexpected volatility in container shipping freight markets. After the carriers pulled capacity from the Pacific, the US and China came to a short-term agreement on tariffs. On June 11, Trump said on his social media channel that “our deal with China is done” and claimed that China had agreed a 55% tariff rate on its goods exports to the US. China has not confirmed the details, saying only th…

Boost in storage helps Port of Savannah weather tariffs

ATLANTA — Increased storage capacity is helping the Port of Savannah offset some of the impacts of the tariffs imposed by President Donald Trump. Last month was Savannah's second busiest May on record, exceeded only by May of 2022. Savannah handled 500,900 20-foot equivalent container units (TEUs), up 2.2% over the same month last year, the Georgia Ports Authority reported Tuesday.