25 % tariffs

Published on June 18 2018

CIMC was incorporated in Shenzhen as a joint venture in 1980 and publicly offered A shares and B shares listed on the Shenzhen Stock Exchange in 1994, 

In 2011, CIMC acquired 100 percent of Direct Chassis and the company became part of CIMC USA, was renamed CIMC Intermodal Equipment, and moved from Texas to South Gate, California where, today, it receives steel chassis components produced by CIMC in China.

Those steel sub-assemblies are then combined with domestically sourced trailer components – wheels, tires, axles, suspensions, and electrical systems – to produce trailers and chassis engineered specifically for the North American market. In addition to its west coast facility, CIMC Intermodal Equipment opened another chassis assembly plant in 2015, in Emporia, Virginia.

Since the beginning of this year, US steel prices have risen nearly 40%, making US steel over 50% more expensive than that from Europe and China. When the cost of manufacturing rises, it will definitely hurt the competitiveness of American products.

Sitong Trailer, China

20,000 TEU container ship

HK Port to Shenzhen Port

Automated Cargo Wharf

Automated container terminal

Self-driving trucks at port

Written by construction man

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