This year has seen the output of California wine drop 17.1% to 508.2 million gallons, the lowest since 1999, with U.S. production falling 15% to 647.7 million gallons, the lowest since 2004. This represents the steepest single-year production collapse in over 30 years, surpassing the decline...
While July saw a 3.2% year-on-year increase in inbound container volume through top U.S. ports, this was a temporary surge due to front loading to get goods in prior to the tariffs taking effect in August. Regardless of this surge, inbound container volume has shown a...
U.S. Customs & Border Protection (CBP) has been designated to collect a new fee regime targeting China-linked vessels, as authorised by a U.S. Trade Representative ruling. This new fee regime targeting China-linked vessels is scheduled to commence rollout 14th October 2025. It will apply to both...
The impact of the 50% tariff on all Indian products, as announced by the U.S., has the potential to substantially impact India's economy (if it remains unchanged by Trump and is upheld by the Supreme Court). The U.S. is India's largest export market, accounting for 18%...
U.S. exports of liquor and wine to Canada have plummeted by more than 60% in the first half of the year as Canadians boycott US alcohol. Shipments of popular US-made whiskeys, rums, gins and other liquors through June to Canadian provinces was around $43.4 million, representing...
Container volume at the Port of Oakland was up 6.3% year over year by the end of the first quarter of 2025, however the second quarter has seen a change that may be indicative of a new trend moving forward this year. Imports from China, traditionally...
US importers have had to significantly increase the level of bond protection required to cover anticipated tariffs. The rapid increase and ongoing volatility around tariff rates has resulted in a substantial financial impact on importers as they are required to predict the amount of tariffs they...
Whilst the EU was hopeful that wine and spirits would be excluded from the 15% tariff outlined by Trump, it has now been confirmed that these products will also be subject to the same rate. With the US the largest market for many European wine and...
A bill reauthorising the US Federal Maritime Commission (FMC) for another three years has been introduced in the House of Representatives. This legislation proposes adding more outside expertise to the agency for help on ocean carriers and ports and allows for a complaint process covering freight...
The International Transportation Service (ITS) terminal in Long Beach has commenced a $365 million upgrade which will increase its container capacity by about 50% to 2.6million TEUs and enable it to work two 18,000-TEU ships simultaneously. Due for completion in 3.5 years, this project will also...