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...
Trump Tariffs Blocked but Appeals Court Pauses Ruling for Now, Ocean Carriers Adding Trans-Pac Services Amid Increased Demand, Canada Post Labor Dispute
This week: Trump tariffs blocked, appeals court stays order, leaving US importers feeling uncertain Major ocean carriers launch or resume trans-Pacific services to US ports amid increased demand Canada Post issues final offer to CUPW, union unlikely to accept deal,...
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...