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global shipping industry
Trends
- 1Trade groups ask USTR to extend pause on China ship fees▼Trade groups urge USTR to extend pause on China-linked ship fees
A coalition of trade groups is calling on the U.S. Trade Representative to extend the current pause on port fees targeting China-linked vessels, warning that the fees would raise shipping costs and disrupt supply chains. The levy, announced as part of a broader response to China's dominance in shipbuilding, has drawn criticism from retailers, exporters and carriers who say the timing would add strain to an already fragile global trade environment.
- 2Shipping lines set higher ambitions for rail freight▼Beyond the ocean: Shipping lines’ higher ambitions for rail freight
Ocean shipping companies are looking beyond maritime routes and setting their sights on expanding rail freight operations. Industry publication RailFreight.com reports that container shipping lines are pursuing higher ambitions on the rails, suggesting carriers see combined sea and land logistics networks as key to future growth. The development points to growing interest in integrated overland transport corridors.