Pause on US Reciprocal Tariffs Now Ending Aug. 1, Carriers Keep Capacity High, Trade Groups Seek Tariff Clarity from CBP and DHS, End of De Minimis Exemption
This week: US 90-day reciprocal tariff pause, initially thought to expire this week, will now end on August 1 Trade groups send letter to CBP and DHS seeking clarity on tariff policy and transshipments US de minimis exemption to end for all countries in 2027 as...
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...