A major labor dispute that disrupted operations across key U.S. ports has finally come to an end. The port strike, which caused widespread delays and economic uncertainty, concluded after workers and port employers reached a tentative agreement. With wages increased and working conditions improved, the resolution brings relief to businesses that rely on uninterrupted trade flows, especially as the busy holiday season approaches. The strike … Read More
How U.S. Industrial Imports Are Shaping 2024
In 2024, the U.S. industrial sector is leading the charge in container import growth, driven by the impending threat of new tariffs on imports from China and other key trading partners. These tariffs, scheduled to take effect later this year, are already influencing trade strategies and reshaping the landscape of U.S. commerce. The Biden Administration’s Tariff Strategy The Biden administration has continued the tariff policies … Read More