The Trump-Xi Summit Produced One Thing: a New Deadline of 10 January
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Xi's first US state visit in 11 years ended with warm words and a two-month extension of the trade truce. That single deliverable now sets one clock for tariffs, rare-earth export curbs and everything else left unresolved.
Port Congestion Beat Its 2022 Record. The Share of the Fleet Stuck in Queues Is Smaller.
A record 4.31 million TEU of ship capacity is waiting to berth, beating the 2022 peak. But it is 12.6% of the fleet against 15.7% then — and that gap is the whole story for anyone buying freight this quarter.