BLG Logistics on tariffs: US business could halve in worst case scenario
ReutersApr 3, 2025 2:29 PM
BERLIN, April 3 (Reuters) - German port logistics provider BLG Logistics warned on Thursday that U.S. tariffs meant its U.S. business might halve in the worst case scenario and it would have to lower sales and profit forecasts and possibly even staffing levels.
The company, logistics provider for one of the world's busiest auto shipping terminals in Bremerhaven, said currently 30% of car handling in Bremerhaven dealt with exports to and imports from the United States.
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