Panjiva Daily: MSC’s last resort, China’s auto tariff cut and Savannah’s 2M target — Panjiva
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Panjiva Daily: MSC’s last resort, China’s auto tariff cut and Savannah’s 2M target

Global 1391 Panjiva Daily 723

MSC has implemented a “last resort” bunker fuel surcharge in response to high oil prices with just a few weeks to go to peak season. China has cut its automotive import tariffs as promised. Savannah’s next leg of volumes growth may involve poaching 2M volumes from Charleston. Also: Charleston has seen a slowdown already; America gets tougher on Venezuela sanctions but still avoids oil; the furniture industry (except Ikea) has been fretting about China tariffs; China can’t guarantee a trade war won’t restart with Secretary Ross visiting next week; Hong Kong looks to step up its shipping g...

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