China-US Ocean Booking Surge After Trade Deal, Capacity Crunch Expected, US Trucking Rates Not Impacted, Potential Canada Post Strike
This week: Following US-China trade deal, trans-Pacific ocean bookings surge, capacity crunch expected Despite increase in imports, excess capacity expected to keep US trucking, drayage rates down Canada Post pauses contract talks with union, leading to increased...
Supply Chain Weekly Roundup: US Reaches Deal to Lower Tariffs on China, Ocean Carriers Not Returning to Red Sea Despite Ceasefire
This week: US negotiates deal with China to lower tariff rates for 90 days, remove other trade barriers Trump announces US-Houthi ceasefire, but ocean carriers not likely to resume Red Sea transits DOT asks for trucking deregulation ideas, receives nearly 900...
Supply Chain Roundup: US Ends De Minimis Exemption for China, Drayage Industry Braces for Downturn, LTL Q1 Rate Surge
This week: US ends de minimis exemption for imports from China, trans-Pacific air cargo volumes drop After handling a surge in imports, US drayage industry prepares for downturn and a later turnaround Despite lowered volumes and cautious shippers, US LTL industry...
US Shippers Waiting for “Dust to Settle” on Tariffs, Blank Sailings Increase on Trans-Pac Lines, US LTL Reclassification Coming
This week: US shippers waiting for the “dust to settle” on Trump tariffs before resuming business plans As US importers cancel or suspend orders, blank sailings on trans-Pacific lines increase Changes to US LTL classification system coming, causing some to prepare and...