Drewry: U.S. auto tariffs would hurt east-west trade
Drewry’s white paper predicts, if the tariffs are imposed, a rush of U.S. imports of finished vehicles and auto parts in 2019 before declines in 2020 and 2021.
a month ago
I’m not going to say the cost of fuel isn’t an issue, but if we have properly accounted for it within contracting it’s really about how you administer it for how it affects your bottom line.
Spot container rates from China/East Asia to the U.S. West Coast stood at $1,531 per FEU as of May 10, up 10.6% year-over-year, while rates from China/East Asia to the U.S. East Coast totaled $2,926 per FEU as of May 10, up 22.2% year-over-year, according to the Freightos Baltic Index.