Posts Tagged ‘Logistics company’
U.S. Imports Set to Drop as Tariffs Bite
The United States is experiencing a significant decline in import volumes, with projections indicating the lowest levels since March 2023. This downturn is primarily attributed to the escalating tariffs and the prevailing uncertainty surrounding U.S. trade policies. The National Retail Federation (NRF) forecasts that monthly import volumes will continue to decrease through the end of…
Read MoreMorning Midas Sinks in the Pacific with 3,000 Vehicles Onboard: A Wake-Up Call for Global Logistics
In a dramatic incident that has captured global attention, the cargo vessel Morning Midas, a 600-foot car carrier transporting over 3,000 vehicles, has sunk in the North Pacific Ocean after burning for several weeks. This incident not only represents a massive financial loss, but it also raises critical questions about cargo safety, electric vehicle shipping…
Read MoreTariffs & Global Trade: Impact on Logistics & Shipping
In today’s highly interconnected economy, tariffs have become one of the most influential levers in international trade policy. Governments use tariffs to protect domestic industries, balance trade deficits, and respond to geopolitical tensions. But while tariffs may serve political or economic interests in the short term, their ripple effects across global supply chains can be…
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