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Changing tariff levels are giving top US importers and exporters, along with their smaller peers, figurative whiplash. Some shippers are under more pressure than others when it comes to the 90-day pause on higher imports for goods from other than the European Union (July 8) and China (Aug. 12). Beyond the pressures of getting goods into or out of a sourcing point, tariff changes and regulatory requirements are quickly changing and sometimes murky.

This 60-minute webcast will highlight the major findings from the Journal of Commerce’s Top 100 shipper rankings and special issue, a brief peak-season summary, and an update on customs issues, including uncertainty around shipment cut-off dates and how they apply to specific industries.

Moderator: Eric Johnson, Senior Editor, Technology, Journal of Commerce by S&P Global

Speaker(s):

Cindy Allen, CEO and Managing Director, Trade Force Multiplier LLC

Michael Angell, Senior Editor, Northeast and Gulf Coast Ports, Journal of Commerce by S&P Global

Mark Szakonyi, Executive Editor, Journal of Commerce by S&P Global

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Partner:

When Donald Trump was elected US president last November, most US importers and exporters certainly knew what was in store: the continuation and/or renewal of tariffs-driven trade policy. Fewer, however, likely realized just how chaotic the on-again, off-again, on-again tariff roller coaster would be. The resulting whiplash effect has left importers and exporters in a state of uncertainty – first front-loading their cargoes to beat tariff deadlines, then pausing shipments to avoid the costs of the duties, then ramping up again as the administration delays implementation. The 90-day pauses on higher tariffs — expiring for nearly all countries on July 8 and for China imports on Aug 12 — helped trigger an earlier peak season for the winter holiday shopping season. But with US retail sales slowing and Americans pulling back on travel spending, the import momentum appears poised to hit a hard wall in the second half. US retailers in June downgraded import expectations for September to 1.78 million TEUs, which would also be a 21.6% drop compared with the same month last year. Importers expect to ship 20% less volume in October than a year before, as measured by the Global Port Tracker for the National Retail Federation. How container lines manage capacity in the face of weaker volumes will set the stage for the second half. A rise in blank sailings would challenge not just importers but also exporters grappling with changing windows for outbound shipments. And, while volumes aren’t likely to overwhelm ports as they did during the pandemic, the stop-and-start tariff-driven surges could challenge inland cargo flows, nonetheless.

In this hour-long webcast hosted by Journal of Commerce executive editor Mark Szakonyi, attendees will come away with a better understanding of the risks and pressures ahead.

Moderator: Mark Szakonyi, Executive Editor, Journal of Commerce by S&P Global

Speaker(s):

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Moderator: William Cassidy, Senior Editor, Trucking and Domestic Transportation, Journal of Commerce by S&P Global

Speaker(s):

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Moderator: Greg Knowler, Europe Editor, Journal of Commerce by S&P Global

Speaker(s):

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Tariffs, intensifying conflict in the Middle East and Ukraine, a slowing global economy and increased competition from the container shipping fleet are all driving heightened uncertainty in the multipurpose and heavy-lift market. Project investors started the year with a wait-and-see attitude and shippers rushed to frontload some commodities in the first half even as charter indices rose, fell and rose again.

This webcast will examine cargo demand and multipurpose/heavy-lift fleet supply and makeup amid a tumultuous geopolitical environment. Join Breakbulk and Project Cargo Senior Research Analyst Susan Oatway as she presents the latest forecast from the Journal of Commerce Breakbulk Quarterly Report. Joining Susan will be well-known industry analysts Niclas Prehm, head of research at Toepfer Transport, publisher of the Toepfer Multipurpose Index and numerous other reports and indices; and Justin Archard, shipbroker with Friday & Co. and creator and publisher of the Market Sentiment Index for the Multipurpose and Breakbulk Industry. They will discuss their indices and their expectations for the remainder of the year.

Moderator:

Carly Fields, Associate Editor-Breakbulk, Project and Heavy-Lift Shipping, Journal of Commerce by S&P Global

Speaker(s):

Justin Archard, Shipbroker, Friday & Co.

Susan Oatway, Senior Research Analyst-Breakbulk and Project Cargo, Journal of Commerce by S&P Global

Yorck Niclas Prehm, Head of Research, Toepfer Transport,

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Moderator:

Eric Johnson, Senior Editor, Technology, Journal of Commerce by S&P Global

Speaker(s):

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Moderator:

William Cassidy, Senior Editor, Trucking and Domestic Transportation, Journal of Commerce by S&P Global

Speaker(s):

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Moderator:

Laura Robb, Associate Editor-Americas Container Markets, Journal of Commerce by S&P Global

Speaker(s):

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Moderator:

Mark Szakonyi, Executive Editor, Journal of Commerce by S&P Global

Speaker(s):

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Moderator:

Bill Mongelluzzo, Senior Editor-West Coast, Journal of Commerce by S&P Global

Speaker(s):

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