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...
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...