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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. companies in apparel and fashion have shifted their sourcing, and have reached “single-digit” dependency on Chinese manufacturing, said Maersk Chief Commercial Officer Karsten Kildahl, in the update. “[O]ther in June, 2021.

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The need to know

EFT

Exasperated automakers and parts suppliers have been desperate to find alternative sources of magnets, which are in short supply due to Chinese export curbs. Exclusive: China issues rare earth licenses to suppliers of top 3 US automakers, sources say China has granted temporary export licenses to rare-earth suppliers of the top three U.S.

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The need to know

EFT

European truckmakers tackle rare-earths bottleneck with stockpiling, supply chain shifts European truckmaker Volvo Group has been seeking alternative sources of rare earths and Daimler Trucks has been building inventories to deal with supply issues linked to Chinese export curbs, saying lessons had been learned from the chip crisis.

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The need to know

EFT

China-US air freight tumbles on 'de minimis' tariff; airlines adjust routes Air freight capacity between China and the U.S. China-US air freight tumbles on 'de minimis' tariff; airlines adjust routes Air freight capacity between China and the U.S. France's CMA CGM to redeploy fleet to avoid U.S.

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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. Demand for ocean freight was lower than anticipated, and Hanjin Shipping, another top ten ocean liner, was already teetering on the verge of bankruptcy. The Freight Game of Thrones.

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This Week in Logistics News (July 15-19, 2013)

Talking Logistics

Con-way Freight Raises the Bar on Mexico Service, Adds Door-to-Door Tracking, 24-Hour Customer Resource Center, Enhanced Web Tools. Source data is a combination of reference and benchmark data from third parties as well as econometric models and formulas. SAP Announces Second Quarter and First Half Results 2013. Be Sociable, Share!

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If You Spend a Week with a Carrier’s Driver

Talking Logistics

Last week, BBC News published an article highlighting the poor conditions and low pay drivers who haul freight for IKEA and other retailers in Western Europe have to deal with, particularly drivers brought over from poorer countries by trucking firms based in Eastern Europe. If you try walking in my shoes.

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