Topic
commerce
Trade Commerce tariff finding on van imports may offer relief to Wabash National
The U.S. Commerce Department imposed preliminary countervailing duties on van trailer imports from China (82.3%-128.7%) and Mexico (<2%), following a complaint by the American Trailer Manufacturers Coalition. The move may provide relief to Wabash National, which recently received a debt downgrade from S&P Global Ratings. The duties require immediate cash deposits, with final determinations expected in mid-August for China and mid-December for Mexico.
Trade The Iron Insurance Collapse: A $130 Million Lesson
The Iron Insurance initiative by Knight-Swift, aimed at small carriers, resulted in a $130 million collapse. The program, tied to telematics and safety compliance, failed due to overwhelming volume and inadequate risk management.
Trade New Tariffs Trigger Early Trans-Pacific Peak Season
New tariffs and rising fuel costs have accelerated the trans-Pacific peak shipping season, with significant rate hikes reported. The U.S. Trade Representative's new tariffs on 60 countries and potential tariffs on Brazil and others are key factors.
Trade India's Seafood Exports Overcome Tariff Hurdles
India's seafood industry has rebounded from US tariffs, achieving record exports of $8.46 billion in FY26. Diversification into markets like the EU and China has driven this growth.
Trade India, US Near Completion of Trade Deal Talks
India and the US are nearing the completion of a bilateral trade agreement, with only minor details remaining. The deal aims to strengthen economic ties and address tariff issues.
Logistics CMA CGM's $2,600 Surcharge Signals Peak Season Surge
CMA CGM has announced a $2,600 surcharge on containers from the East Mediterranean to U.S. East Coast ports, reflecting peak season demand. This increase affects shipments from several countries, with implications for freight forwarders and logistics managers.
Trade India, US Discuss Non-Tariff Measures to Boost Trade
India and the US are negotiating non-tariff measures to strengthen bilateral trade. Discussions include customs and trade facilitation, with a focus on economic security alignment.
Trade India Monitors US Tariff Moves Amid China Concerns
India is closely monitoring the US's proposed 12.5% tariffs on 54 countries, with a particular focus on potential impacts on China. Indian exporters are concerned about maintaining their competitive edge as global buyers diversify away from China.
Trade India-Oman FTA Boosts Livestock Exports
The India-Oman Free Trade Agreement, effective June 2026, provides duty-free access to Indian livestock products, boosting exports to Oman. This strategic move enhances India's presence in the Gulf market.
Logistics Genco and Diana's Standoff Continues Amid Bid Rejection
Genco Shipping & Trading has rejected Diana Shipping's latest takeover bid, citing undervaluation. This ongoing standoff affects the dry bulk market, with implications for shareholders and future negotiations.
Logistics Ocean Freight Rates Surge Amid Peak Season and Geopolitical Tensions
Ocean freight rates have surged by $1,000 per FEU on major east-west trade lanes due to early peak season demand and geopolitical tensions in the Persian Gulf. Carriers like MSC and Maersk are implementing additional rate increases.
Manufacturing BHEL wins Rs 2,000 crore order from Nigerian firm
Read the full story for in-depth analysis.
Trade India and US Engage in Trade Dialogue Amid Proposed Tariffs
India is actively engaged with the US regarding proposed tariffs under Section 301 of the U.S. Trade Act of 1974. The Ministry of Commerce and Industry is working towards a framework agreement, with public hearings scheduled for July.
Trade Oman Boosts Petchem, Fertiliser Exports as FTA Begins
Oman and India have initiated a free trade agreement, enhancing trade in petrochemicals and fertilisers. The agreement, effective June 1, 2026, reduces tariffs on 99% of Indian exports and 78% of Omani imports.
Logistics WWEX and Auctane Merge to Form ShipStation Global
WWEX Group and Auctane have merged to create ShipStation Global, a comprehensive AI-enabled logistics platform. This merger aims to streamline logistics for small and midsize businesses by integrating freight brokerage with advanced shipping technology.
Trade India, US Advance Trade Talks in Delhi with June Delegation
India and the US are set to continue trade negotiations in Delhi from June 1-4, 2026. The talks aim to finalize an interim trade pact, focusing on tariffs, market access, and economic cooperation.
Business Union Pacific and Norfolk Southern's $85B Merger Advances
Union Pacific and Norfolk Southern's $85 billion merger advances as the Surface Transportation Board delays a decision, avoiding a historic second rejection. The merger aims to create the first transcontinental railroad, though market reactions have been mixed.