USTR Extends Section 301 Tariff Exclusions Through August, Pause on Higher US Tariff Rates Lead to Import Surge, Trans-Pacific Spot Rates Rise
This week: USTR extends Biden-era Section 301 tariff exclusions on select Chinese imports through August A temporary pause on higher US tariff rates leads to an import surge, Trans-Pacific spot rates rise US LTL market faces weak demand, but shippers shouldn’t...
Trump Tariffs Blocked but Appeals Court Pauses Ruling for Now, Ocean Carriers Adding Trans-Pac Services Amid Increased Demand, Canada Post Labor Dispute
This week: Trump tariffs blocked, appeals court stays order, leaving US importers feeling uncertain Major ocean carriers launch or resume trans-Pacific services to US ports amid increased demand Canada Post issues final offer to CUPW, union unlikely to accept deal,...
Trump Announces 50% Tariff on Imports From EU, Canada Post Workers Choose Overtime Ban Over Strike, US LTL Pricing Stable at Record High
This week: President Trump announces 50% tariff rate on US imports from the EU, set to start on July 9 Canada Post workers without a master contract, choose nationwide overtime ban over strike US LTL pricing holds steady at pandemic-era high, but truckload rates still...
Freight Market Update – May 2025
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...