PSA BDP Blog

trendwatch

Trendwatch: Trump pledges 25% tariffs on Canada and Mexico, more on China too; Near-shoring shippers eye Miami Airport as the gateway to the US consumer; Mediation for Montreal port labor talks

A round-up of the latest news headlines for the supply chain and logistics industry, Week 48 of 2024.

A shipping container with an American flag design at a port terminal, symbolizing international trade and logistics

November 27, 2024

Trump Tariffs and the Potential Impact on Ocean Shipping

With the prospects of a new Trump administration entering the White House in January 2025, there has been much speculation on the ramifications of potential tariffs proposed during his 2024 presidential election campaign and their effect on the ocean transportation market. A look back at the actions around tariffs in the first Trump administration may offer some clues for the future.

November 27, 2024

trendwatch

Trendwatch: Back to work order sees Canadian ports reopen to a battle against backlogs; U.S. Trade Chief Stresses Targeted Approach to Tariffs Against China; Delays at Mauritius transhipment hub spark box line congestion surcharges

A round-up of the latest news headlines for the supply chain and logistics industry, Week 47 of 2024.

Freight shipping containers at the docks, Stack of containers in a container ship at deep sea port.

November 27, 2024

trendwatch

Trendwatch: Montreal dockworkers’ union rejects offer; lockout begins; French rail workers plan strike 'double-whammy' over Fret SNCF break-up; Cargo cheers as Canada lifts restrictions on China flights

A round-up of the latest news headlines for the supply chain and logistics industry, Week 46 of 2024.

November 27, 2024

trendwatch

Trendwatch: Canada Port Disruption Sparks Fear of Wider Trade Snarls; Cargo operations at Brazil's Guarulhos Airport on brink of collapse; Egypt claims Houthi attacks have cost its economy $6bn in lost Suez revenue

A round-up of the latest news headlines for the supply chain and logistics industry, Week 45 of 2024.

November 27, 2024

Understanding the EU Carbon Border Adjustment Mechanism (CBAM)

As the European Union advances towards its ambitious climate goals, the Carbon Border Adjustment Mechanism (CBAM) has emerged as a key policy to curb carbon leakage and promote a level playing field for businesses within and outside the EU. CBAM is designed to address the environmental impact of imported goods, ensuring that industries within the EU do not face unfair competition from countries with lower climate standards. Here’s a closer look at how CBAM works, key milestones, and what EU importers need to do to prepare.