News
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U.S. Heavy‑Duty Truck OE Tire Shipments Rise 6.2% Amid Weak Overall Market
According to the latest USTMA data, US heavy‑duty truck original‑equipment tire shipments rise by 6.2% year‑on‑year. Strong new truck demand pushes OE market growth, while replacement market stays weak, bringing opportunities for cost‑effective imported truck tires.Read more -
Drewry World Container Index Drops 3% as Freight Rates See High‑Level Correction
The World Container Index as of July 30 fell by 3% to around USD 4,255 per 40‑ft container, driven by declines on Trans‑Pacific and Asia‑Europe trade lanes. Container rates are undergoing a high‑level correction instead of returning to low‑price cycles.Read more -
Twenty‑five U.S. States File Lawsuit Challenging New Section 301 Tariffs
On August 3, twenty‑five U.S. states filed a lawsuit at the U.S. Court of International Trade, challenging the 10% and 12.5% Section 301 tariffs effective July 24. Plaintiffs dispute the justification for the broad‑based import duties, while the government defends the legal validity of these measures.Read more -
US Maintains High Tariffs on Chinese Passenger & Light Truck Tires; Heavy-Duty Truck Tires Not Affec
The US finalized sunset review and keeps high AD/CVD tariffs on Chinese passenger and light truck tires. Heavy truck tires including 295/75R22.5 and 11R22.5 are exempted for the moment, bringing stable cost advantages. Potential new trade investigations on commercial truck tires remain in the future.Read more -
The Port of Long Beach ramps up infrastructure investment exceeding $1 billion.
The Port of Long Beach approves over $1 billion in infrastructure investment for power supply, terminal facilities and freight expansion. Long-term efficiency gains for Southern California ports, while construction may bring route and appointment adjustments.Read more
