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US container import tariffs averaging 21%, says Maersk

Freight Waves

formally announced its tariff package to the world on April 2,” Denmark-based Maersk (OTC: AMKBY ) said. However, there are still trade tariffs impacting how companies move their cargo, particularly between the U.S. “Visibility has worsened and trade barriers have increased since the U.S. Ocean container rates from China to U.S.

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The need to know

EFT

German car manufacturers incurred costs of half a billion euros in April due to tariffs, says VDA German car manufacturers are likely to have incurred costs of around half a billion euros in April due to import tariffs imposed by U.S. strikes on Iranian nuclear facilities overnight.

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The need to know

EFT

cargo have surged since the countries declared a 90-day truce on punitive tit-for-tat tariffs last weekend, operators said, spawning traffic jams at Chinese ports and factories that could take weeks to clear. China to US ocean cargo bookings surge after tariff pause, Vizion says U.S. retailers including Walmart (WMT.N)

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The Great Maersk Shift

Freightos

The following is a 5,000 word exploration of Maersk’s strategic shift to end-to-end logistics services, based on open sources. Other sources reported that DB Schenker was not the only forwarder making this shift. Today, 75 to 80% of cargo arrives on time. Driving the Maersk Shift.

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COP26: 5Zs that changed the world

The Logistics & Supply Chain Management Society

came from trucks carrying cargo. 15 countries, Austria, Canada, Chile, Denmark, Finland, Luxembourg, The Netherlands, New Zealand, Norway, Scotland, Switzerland, Turkey, the United Kingdom, Uruguay and Wales declared that they will collaborate towards realizing 100 percent zero emission new trucks and bus sales by 2040.

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Top 25 3PL warehousing companies in 2020 (by revenue)

6 River Systems

Revenue data is sourced from the companies’ websites and market research platforms such as Macrotrends. It started in 1969 as DHL Air Cargo, and by the late 1970s, the company had expanded its operations and offered services throughout the world. billion (2019) Headquarters: Hedehusene, Denmark CEO: Jens Bjørn Andersen 9.