Supply Chain Roundup: Ocean Carriers Prepare for Possible Strait of Hormuz Closure, Early Peak Season for US Trucking, Labor Disruptions for Parcel Delivery in Canada Near End
This week: Ocean carriers announce their alternate plans if Tehran decides to close the Strait of Hormuz After surge in volumes and spot rates, analysts warn of a flat US trucking market to come With reciprocal tariff pause due to end, US West Coast ports brace for...
Trans-Pacific Spot Rates Plummet as Tariff Pause Demand Declines, Air Cargo Spot Rates Down for First Time in a Year, DHL Express Halts Service to Canada
This week: Trans-Pacific spot rates fall sharply as import demand spurred by US tariff pause declines Air cargo spot rates down year-over-year for the first time in a year amid US tariff uncertainty Industry analysts weigh how closing the Strait of Hormuz would impact...
US Retailers Revise Summer Import Forecast Upward While Tariffs on Pause, Congress Considers China’s Maritime Power, Trump Admin OKs Port Projects
This week: US retailers increase summer import projections while reciprocal tariff policy is on pause Congress mulls bills concerning China’s maritime influence, administration approves port projects Canadian government job minister orders Canada Post and CUPW to vote...
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...