Real-time insights from border crossings allow companies to re-route shipments, renegotiate supplier terms, or rebalance inventory before the ripple effects settle in.
The vessels are among the last batch of copper cargoes whose owners are betting they can clear U.S. customs just before hefty Trump administration tariffs kick in.
The volume weakness is reflected in spot rates for containers transported to the U.S. West Coast from China, which have dropped for five straight weeks.
The planned facility will be used to repair and maintain several small Philippine military watercraft and will include two interior rooms for equipment storage or conference use.
China's exports to the U.S. also fell by 16%, although that was a marked improvement over the 34.5% dip recorded in May, when companies had largely paused orders out of China altogether.
The terminal is set to be running by the mid 2030s, and the expansion would allow the Port of Vancouver to handle an additional 2.4 million twenty-foot equivalent units a year.
The latest news, analysis, services and systems regarding ocean transportation and its impact on global supply chains. Today’s companies are transporting and delivering container shipments in a more efficient manner than ever before using new services and technologies that provide information en route - allowing them to stay ahead of the competition in their industries. As ocean cargo services continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies are using ocean shipping solutions to power their supply chains.
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