The U.S. Supreme Court has ruled against the International Emergency Economic Powers Act (IEEPA), invalidating the sweeping tariffs imposed by the U.S. administration on imports under this law. As reported by NPR, the Court held that only Congress has the power to authorize tariffs. According to a report by American Shipper, citing U.S. Customs and
The Port of Los Angeles recorded a 12% year-over-year decline in total cargo volumes in January. Imports declined by approximately 13% year-over-year, and exports declined by 8%. The number of empty containers handled dropped by 12%, an indication of softer demand ahead in Asia for returning containers on the Trans-Pacific route. Port of Los Angeles
Hapag-Lloyd will acquire 100% of ZIM’s shares in a deal worth $4.2 billion. As reported by splash247, the business combination of both companies will secure Hapag-Lloyd’s market position as the fifth-largest container shipping company worldwide. According to Hapag-Lloyd’s press release, the combined company will control more than 400 vessels, with capacity over 3 million TEU,
Despite a year of tariff‑related uncertainty, China’s export engine continues to run at full strength, particularly in the weeks leading up to the Lunar New Year, which begins February 17. This strong pre‑holiday push suggests that U.S. tariffs have not significantly dampened demand. China’s foreign trade grew 3.8% in 2025 compared to 2024, with exports
Import volumes at major U.S. container ports are expected to decline year-over-year through the first half of 2026, according to the Global Port Tracker report released February 9 by the National Retail Federation (NRF) and Hackett Associates. The NRF noted that tariff impacts remain a primary factor influencing U.S. inbound trade. Overall, the report projects
According to reporting from The Maritime Executive, the global containership demolition market is at 20-year lows. Data from Alphaliner indicates that ocean carriers are still holding on to their older vessels. BIMCO has highlighted the significant overhang in container vessel supply due to an extended period of low recycling activity. In its October 2025 assessment,
The International Union of Marine Insurance (IUMI) and the Transported Asset Protection Association (TAPA) EMEA are calling attention to the escalating levels of cargo theft and freight fraud worldwide. Steep increases have been registered across Europe, the Americas, and Africa. Regions such as Latin America and parts of Africa continue to experience severe and often
Gemini Cooperation partners, Hapag-Lloyd and Maersk, have announced revised routing for one of their joint services through the Suez Canal, marking progress toward the resumption of commercial shipping through the Red Sea. A recent Hapag-Lloyd advisory noted that the shared service linking India, the Middle East, and the Mediterranean will begin mid-February 2026. The communication
The International Monetary Fund’s (IMF) latest World Economic Outlook frames the global economy as “steady”, but industry analysts caution that this characterization hides a more challenging reality for containerized trade. Much of the optimism is based on calculations of higher-valued technology exports which inflates trade figures without reflecting true transport demand. The IMF projects global
