Big Brown in the Red – UPS Declines While Orient Express Races Ahead of Tariffs — Panjiva
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Big Brown in the Red – UPS Declines While Orient Express Races Ahead of Tariffs

China 1758 Corp - Forwarders 157 Mode - Seaborne 1273 U.S. 3297

The freight forwarders operating U.S.-inbound marine services saw a 7% surge in volumes in June vs. 3% in the prior three months. That was due to an 11% rise in China volumes ahead of the imposition of duties by the Trump administration on $34 billion of products on July 6. It’s not a surprise therefore that Asia-specialists including OEC (32% higher) and Kerry (22%) did best though not all did as well with Honour Lane rising by just 10%. UPS saw the weakest performance among the top 12 forwarders with a 3% drop in the month and 6% for the quarter. That may reflect a desire to improve pr...

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