Deal combines Morrison’s air freight service for semiconductor supply chains with SG’s core business in ocean freight forwarding for commercial products.
President Donald Trump’s desire to get even on countries by matching tariffs they have on American goods could come at a steep cost.
But the company added: “Despite strong financial performance, uncertainties persist due to US tariffs, supply chain shifts ...
Imports are forecast to remain elevated at major U.S. container ports as shippers try to stay a step ahead of levies on China ...
While the head of the Suez Canal expects shipping to normalize by late March, container shipping lines see a longer timeline.
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