U.S. Extends China Tariff Truce to Mid-November, Averting Steep Hikes; Pause on U.S. Reciprocal Tariffs Ends, Retailers Cut Import Forecast Through 2025, Small Carriers Return to Red Sea Transits
This week: Trump extends U.S.-China tariff truce by 90 days, avoiding steep hikes ahead of holiday import surge US reciprocal tariff policy returns after months-long pause, businesses adapt to “new normal” After months of frontloading during the tariff...
Reciprocal Tariff Pause Ends This Week, US Importers Struggle to Pay Increased CBP Bonds, Full Truckload and LTL Respond to Soft Demand
This week: The pause on US reciprocal tariff policy effectively ends this week with new batch of import duties With increased tariff rates on the horizon, US importers scramble to pay the required bonds to CBP US trucking demand still soft, but full truckload sector...
Trans-Pacific Air Cargo Down, Shippers Choose Ocean Ahead of Tariffs, US Sets 15% Tariff for EU, US Truckload Rates Suffer While LTL Profitable
This week: Trans-Pacific air cargo volumes and rates down as shippers choose ocean before tariffs return US and EU agree to framework trade deal, US sets 15% tariff rate on most imports from the EU Trucking market in the US split, as full truckload rates suffer, but...
As Return of US Reciprocal Tariffs Near, Carriers Cut Trans-Pac Capacity, Environmental Impact of Red Sea Diversions Revealed
This week: As the August 12 return of the US reciprocal tariff policy nears, Trans-Pac carriers cut capacity The environmental impact of Red Sea diversions revealed as crisis nears second anniversary Vote on Canada Post’s “final offers” begins this...