(516) 872-5570 info@jmrodgers.com

Our Blog

Latest News from Our Team

Ocean Freight Market Update – October 2025

Ocean Freight Market Update – October 2025

The Trans-Pacific freight market faces mounting volatility as new GRIs take effect and a proposed 100% U.S. import tariff on Chinese goods looms. Carriers are blanking 14% of capacity while pre-tariff bookings surge, creating port congestion and schedule disruptions. New U.S. port fees on Chinese vessels and China’s retaliatory measures add further complexity heading into Q4.

read more
White House Issues New Section 232 Tariffs on Wood Products – But Drawback Remains Eligible

White House Issues New Section 232 Tariffs on Wood Products – But Drawback Remains Eligible

The White House has announced new Section 232 tariffs on timber, lumber, and wood products, citing risks to U.S. mills, supply chains, and infrastructure needs. Tariffs range from 10% on softwood lumber to as high as 50% on cabinetry by 2026. Importantly, the proclamation confirms that duty drawback remains eligible, allowing importers who re-export qualifying products to recover up to 99% of duties paid.

read more
Freight Market Update – September 2025

Freight Market Update – September 2025

Carriers drove rates higher this month with GRIs up $800–$900/FEU, pushing Asia–USWC spot rates up nearly 21% week-over-week. Demand remains weak, with U.S. bookings down 20%, while Golden Week blank sailings and growing congestion at Shanghai, Ningbo, and Qingdao are tightening space further.

Meanwhile, alliances are slashing October capacity, and the USTR extended Section 301 tariff exclusions through Nov 2025—offering importers some relief amid ongoing volatility.

read more