Imports and cargo volumes at the Port of Los Angeles rose in March 2025 as frontloading and tariff issues clouded the outlook for trade, especially in the second half of the year. The port, the busiest container gateway in the United States, handled 778,406 twenty-foot equivalent units in March, up
The U.S. Institute for Supply Management (ISM) service industry report showed that the service industry PMI in March was 50.8, down from the previous month, and growth slowed down. Among the tracking areas, some achieved growth and some shrank. The Northern Mariana Islands index fell sharply, and mu
Trump proposed to impose a surcharge of up to $3 million per Chinese-made ship that docks at US ports to curb China's dominance in maritime commerce and promote the development of domestic US ships. The US Steelworkers Union welcomed this. The Secretary General of the International Chamber of Shippi
