Ocean Freight Market Update – October 2025
This Month: New General Rate Increases (GRIs) take effect October 15, with another scheduled for November 1. 14% of Trans-Pacific capacity is now blanked as carriers fight falling spot rates. 100% import tariff on Chinese goods proposed for November 1, covering...
Retailers Forecast Months-Long Dip in US Imports, Inland Trucking Capacity Tightens, Canada Post Workers Shift Strike Tactics
This week: US retailers forecast monthly containerized imports below 2 million TEUs through February As import volumes trend down, US inland trucking capacity tightens and spot rates increase In response to US charges, China’s Ministry of Transport announces plans...
US Trucking Industry Faces Weak Q4 Demand, Rebound in ‘26 Expected, LTL Carriers Under Pressure on Pricing, New Trump Tariffs
This week: At Inland ‘25 Distribution Conference, US trucking industry experts predict weak Q4, rebound in ‘26 US LTL carriers’ famously strong discipline on pricing starting to crack amid prolonged low demand Trump administration announces new Section 232 tariffs on...
White House Issues New Section 232 Tariffs on Wood Products – But Drawback Remains Eligible
On September 29, 2025, President Trump issued a proclamation under Section 232 of the Trade Expansion Act, imposing tariffs on imports of timber, lumber, and derivative wood products. Commerce’s findings: Heavy foreign dependence on wood products is weakening U.S....