by J.M. Rodgers Co. | May 23, 2025 | Industry News, Market Reports
This month: Transpacific demand surged, overwhelming carrier capacity General Rate Increases (GRIs) take effect June 1st Premium rates now common amid space shortages Early peak season expected — book 4–6 weeks in advance U.S. port congestion intensifying, especially...
by J.M. Rodgers Co. | May 19, 2025 | Industry News, Supply Chain Roundup
This week: Following US-China trade deal, trans-Pacific ocean bookings surge, capacity crunch expected Despite increase in imports, excess capacity expected to keep US trucking, drayage rates down Canada Post pauses contract talks with union, leading to increased...
by J.M. Rodgers Co. | May 13, 2025 | Industry News, Supply Chain Roundup
This week: US negotiates deal with China to lower tariff rates for 90 days, remove other trade barriers Trump announces US-Houthi ceasefire, but ocean carriers not likely to resume Red Sea transits DOT asks for trucking deregulation ideas, receives nearly 900...
by J.M. Rodgers Co. | May 12, 2025 | Duty Drawback, Industry News, Tariffs
The United States and China have announced a new bilateral trade agreement following high-level negotiations in Geneva. This marks the first joint trade statement between the two countries in years and introduces major changes to tariffs and trade policy that could...
by J.M. Rodgers Co. | May 7, 2025 | Industry News, Supply Chain Roundup
This week: US ends de minimis exemption for imports from China, trans-Pacific air cargo volumes drop After handling a surge in imports, US drayage industry prepares for downturn and a later turnaround Despite lowered volumes and cautious shippers, US LTL industry...