Commodities, Business & Shipping (and Tariffs)

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Fearnleys Week 20

www.drewry.co.uk

World Container Index - 15 May

15 May 2025: Drewry’s World Container Index increased 8% to $2,233 per 40ft container this week.
www.drewry.co.uk www.drewry.co.uk

Baltic Exchange Dry Index - Price - Chart - Historical Data - News

Baltic Dry increased 308 points or 30.89% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Baltic Exchange Dry Index - values, historical data, forecasts and news - updated on May of 2025.
tradingeconomics.com tradingeconomics.com
 
searcher said:
Click to expand...

I just got back from my monthly voyage to Walmart. Nearly all of the $250 bill was food, except for pants, dishwasher gel, and eye drops. So how much do tariffs affect my price of dairy, frozen dinners, fish sticks, pizza rolls, corn dogs, hot dogs, flour, sugar, hamburger and hot dog buns, saltine crackers, and bottled water?

The shredded coconut is obviously imported, and each three dollar bag might go up some. I think the 14 ounce bag was three and a quarter.

Okay, if the price of imported goods is a big deal, why not go back to "Buy American" like you did before?
 
Someone_else said:
Okay, if the price of imported goods is a big deal, why not go back to "Buy American" like you did before?
Click to expand...

I don't think the prices have gone up yet. Maybe in 3 or 4 weeks. I hit Shoprite several days ago. Fully stocked shelves, prices ok. Just brought on sale stuff. Just got a Sam's Club order delivered a few hours ago. The order was 90 some bucks, all on sale stuff. Locally I haven't seen any price increases yet. I'm hoping they don't come but ya never know.
 
maritime-executive.com

Tariffs Open Up New Opportunities for Trade at Canada's Great Lakes Ports

Prior to both the pandemic lockdown and the more recent trade tariffs, there was potential to expand direct container ship transportation between Eur...
maritime-executive.com maritime-executive.com

maritime-executive.com

Pennsylvania Extends Incentive Program to Attract New Cargo to Its Ports

Pennsylvania, located in the northeast United States, is extending a novel incentive program it operates rewarding carriers for each container they l...
maritime-executive.com maritime-executive.com
 
splash247.com

China smashes car carrier size records twice in less than a month - Splash247

China has broken the record for the world’s largest car carrier for the second time in under a month with the sailaway of the Anji Ansheng, a 9,500 ceu ship owned by SAIC Anji Logistics, a subsidiary of China’s giant car manufacturer SAIC. The world’s largest car carrier in terms of capacity set...
splash247.com splash247.com

splash247.com

Shanghai spot box rates to US west coast leap 31% in just one week - Splash247

Friday’s weekly publishing of spot rates from the Shanghai Shipping Exchange has given a stark picture of the frenzy building on the transpacific. Rates from China to the US west coast leapt 31% week-on-week, while rates to the east coast jumped 22% as shippers rush to make the most of a 90-day...
splash247.com splash247.com
 

Stock futures rise as S&P 500 tries to extend rally to five days: Live updates​

Stock futures rose Friday after the S&P 500 posted a four-day rally on the back of U.S. and China’s temporary tariff cuts and encouraging inflation reports.

Futures tied to the Dow Jones Industrial Average added 131 points, or 0.3%. S&P 500 futures gained 0.2% along with Nasdaq-100 futures.

Stocks have made a strong comeback since U.S. and Chinese officials earlier this week agreed on a 90-day truce in their tariff measures, which eased investors’ fears of escalating global trade tensions and rising risk to the economy.

More:

 

Walmart, Shein, Target, and other major brands that say Trump's tariffs are pushing them to raise prices​

  • Trump's tariffs have led some companies to announce that they plan to raise prices.
  • Even before his so-called "Liberation Day," companies warned they would pass costs on to shoppers.
  • BI is keeping track of companies that said they'd raise prices due to tariffs.
Prices are expected to go up this year as many companies signal plans to raise them in response to President Donald Trump's slew of tariffs.

While firms raise prices for many reasons, some were blaming price hikes on tariffs long before Trump's so-called "Liberation Day" on April 2, during which he announced a 10% baseline tariff on imports from most countries, except Canada and Mexico, and a host of "reciprocal" tariffs on top of that.

More:

https://www.msn.com/en-us/money/com...S&cvid=32c2f82f68bf47728eff308b972004fe&ei=22
 

Rare earths race heats up with US-Saudi deal and Shenghe acquisition​

SYDNEY/TOKYO -- U.S. rare earths company MP Materials has signed an initial agreement with Saudi miner Maaden to "explore" developing a rare earths industry in the Middle Eastern kingdom.

The agreement, announced Wednesday, came as major Chinese rare earths player Shenghe Resources -- a strategic investor in MP -- said it will acquire Australian-listed explorer Peak Rare Earths.

The two moves underscore the increasingly heated race to secure supplies of rare earths, as China moves to secure feedstock for its dominant processing industry and other countries work to develop alternate supply chains for the materials.

More:

 
Walmart did not get into my radar until recently, about three decades ago. Their spiel, from the old guy (Sam?), was to source American when possible. Great, I'll get behind that.

Then I guess Sam's plan was hurled aside and they went to China at each and every possibility. Screw the American suppliers.

If tariffs affect their supply chain, I think they bought, paid for, and deserve this outcome. They hitched their wagon to China. It's like putting your bet on red in roulette. If you lose, you have NO reason to complain. You bet, you lost. Shut up about it.

Many may remember my recent post about buying at WM. I buy there every month, more or less.
 
cdllife.com

Driver and trucking company charged for bad tires, vice grips airline fix

A log truck driver and his company were issued charges after members of the public called police to report dangerous equipment traveling on an Ontario
cdllife.com cdllife.com

cdllife.com

Take a peek at some of the violations uncovered during Roadcheck 2025

Law enforcement agencies across the country are sharing the equipment violations uncovered during the Commercial Vehicle Safety Alliance’s (CVSA)
cdllife.com cdllife.com

cdllife.com

Traffic Cam catches full year of trucks taking infamous Marion TN runaway ramp on I-24

We’ve compiled a list of the last year’s worth of traffic cam footage on the infamous runaway ramp on I-24 in Tennessee.
cdllife.com cdllife.com
 
Northing to see, can listen in one tab, play around the forum in a different tab. Half way through.........it's pretty good but a bit long. I'm listening in segments. Lot of different subjects discussed.

At the Bar with Sal from What's Going on With shipping​

Streamed live on May 15, 2025
Sal and I attended an event at the Naval war college. Then we went to the bar. This is what happened.


1:42:47

Here's where they're at:

www.breakwaterscigar.com

Breakwaters Cigar & Whiskey Lounge

www.breakwaterscigar.com www.breakwaterscigar.com
 

How U.S. Supply Chains Are Under Attack By Cargo Theft Criminals | Full Documentary​

May 9, 2025 #CNBC
In an exclusive investigative documentary, End of the Road, CNBC reveals how criminal gangs operating from overseas are attacking America’s supply chain through cargo theft. The scheme involves deception and fraud against the brokers who arrange shipments and the carriers who move the loads. Cargo theft has surged to record levels with estimated annual losses topping $1 billion, and industry experts point to the explosion in these schemes where criminals impersonate, and steal, the identity of a company. At the same time, thieves are brazenly stealing from parked trucks, warehouses and trains. The most targeted goods are food and beverage followed by electronics. Federal legislation is pending that would set up a federal/state cargo theft task force, but in the meantime, the problem persists across the country with California the hot spot. As part of our investigation, we traveled around the country and will show the fraud happening in real time and talk by phone to one of the fraudsters.


27:13
 
goldseek.com

How We Got Here

The US’s dramatic introduction of tariffs is geopolitically driven. Its method is an engineering decision intended to break the old system and open the door for a new one. It created a geopolitical crisis by its engineering.
goldseek.com goldseek.com
 
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