Expeditors Loses to CH Robinson as China Tariff Implementation Approaches — Panjiva
Más

Panjiva_research_logo

Expeditors Loses to CH Robinson as China Tariff Implementation Approaches

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

The freight forwarders operating U.S. seaborne services experienced a bumper month in July with a 6% increase in volumes making for the 17th straight month of growth. That reflects a mixture of a strong consumer economy as well as a race to beat new tariffs on Chinese exports. The latter has favored the Asia specialists with Orient Express’s volumes up 27% and Kerry’s by 18%. Yet, not all forwarders did as well. Expeditors experienced a 15% drop in volumes due to a 22% slump in shipments from China. That may reflect an aim by the forwarder’s management to reverse a decline in profi...

PANJIVA RESEARCH is a service provided by Panjiva, Inc. ("Panjiva") to relevant global subscribers, and are deemed to be Panjiva "Services" subject to the Panjiva Terms & Conditions of Use. Information contained within or made available via the Services is for informational purposes only and nothing in the Services shall constitute or be construed as an offering of financial instruments, or as investment advice or recommendations by Panjiva, Inc. or its affiliates of an investment strategy or whether to "buy", "sell" or "hold" an investment. The Services may include views and commentary about customers of Panjiva. No aspect of the Services is based on consideration of your individual circumstances, and you should determine on your own whether you agree with the information contained within or made available via the Services. Employees involved in Panjiva Research may hold positions in securities analyzed or discussed in the Services. Panjiva does not make any express or implied warranties, representations, endorsements or conditions with respect to the Services and the information contained within or made available via the Services, including without limitation, warranties as to the usefulness, completeness, accuracy, currentness, reliability or sufficiency of any information (including, without limitation, conclusions, statements, opinions, estimates, forecasts or projections of any kind) and expressly disclaims any implied warranties. Neither this disclaimer nor any of its contents may be forwarded or redistributed without the prior written consent of Panjiva. © 2019 Panjiva, Inc. All Rights Reserved.