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    Home > Finance > Automakers face higher costs from US port fees, car carrier Wallenius Wilhelmsen warns
    Finance

    Automakers face higher costs from US port fees, car carrier Wallenius Wilhelmsen warns

    Published by Global Banking & Finance Review®

    Posted on November 5, 2025

    2 min read

    Last updated: January 21, 2026

    Automakers face higher costs from US port fees, car carrier Wallenius Wilhelmsen warns - Finance news and analysis from Global Banking & Finance Review
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    Tags:Transportation Sectorcustomersfinancial managementeconomic growthrisk management

    Quick Summary

    US port fees may increase costs for automakers by $200-$300 per vehicle, according to Wallenius Wilhelmsen, due to ongoing US-China trade disputes.

    Table of Contents

    • Impact of US Port Fees on Automakers
    • Overview of Increased Costs
    • Trade Dispute Background
    • Future Implications for Shipping

    US Port Fees Drive Up Costs for Automakers, Warns Wallenius Wilhelmsen

    Impact of US Port Fees on Automakers

    STOCKHOLM (Reuters) -Automakers transporting their cars to the U.S. could face $200 to $300 per vehicle in additional costs, the CEO of car carrier Wallenius Wilhelmsen told Reuters on Wednesday, as the company seeks to pass on new U.S. port fees to customers.

    Overview of Increased Costs

    Higher-than-expected U.S. port fees on foreign-built ships took effect in mid-October as part of a trade dispute between China and the U.S. That prompted Wallenius Wilhelmsen, which operates "roll-on/roll-off" carriers that ship cars and heavy machinery worldwide, to withdraw its financial outlook.

    Trade Dispute Background

    "We're clear that this bill is an additional cost we've been given and that we need to pass on to our customers," Chief Executive Lasse Kristoffersen said.

    Future Implications for Shipping

    A late-October agreement between U.S. President Donald Trump and Chinese President Xi Jinping granted a 12-month reprieve from the tit-for-tat fees on each other's ships, delaying changes that could cost shipping companies millions of dollars and disrupt vessel schedules.

    But Wallenius said on Wednesday it was still unclear whether the suspension covers port fees for roll-on/roll-off carriers, and warned that its total cost exposure for the fourth quarter could reach about $100 million before mitigation measures and customer compensation.

    (Reporting by Marie Mannes; editing by Terje Solsvik, Louise Rasmussen and Conor Humphries)

    Key Takeaways

    • •US port fees could add $200-$300 per vehicle for automakers.
    • •Wallenius Wilhelmsen plans to pass costs to customers.
    • •Trade dispute between US and China affects shipping fees.
    • •12-month reprieve on some fees agreed by US and China.
    • •Potential $100 million cost exposure for Wallenius Wilhelmsen.

    Frequently Asked Questions about Automakers face higher costs from US port fees, car carrier Wallenius Wilhelmsen warns

    1What are U.S. port fees?

    U.S. port fees are charges imposed on ships docking at U.S. ports, which can affect the overall cost of transporting goods, including vehicles.

    2What is a roll-on/roll-off carrier?

    A roll-on/roll-off carrier is a type of ship designed to carry wheeled cargo, such as cars and trucks, that can be driven on and off the vessel.

    3What is customer compensation?

    Customer compensation refers to the reimbursement or financial restitution provided to customers for losses or inconveniences caused by a company's actions.

    4What is cost exposure?

    Cost exposure refers to the potential financial impact a company may face due to unexpected expenses or changes in operational costs.

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