The global maritime sector is navigating turbulent waters as the U.S.-China trade war continues to fuel widespread uncertainty. Industry leaders say the constantly evolving tariff landscape has made long-term planning nearly impossible. Jacob Winthereik, interim CEO of Lauritzen Bulkers, noted that with new tariffs being introduced or modified almost weekly, the industry sees no signs […]
Read MoreA wave of “panic buying” is expected over the next three weeks in the trans-Pacific air freight market, as shippers rush to move goods into the U.S. before new tariff rules kick in on May 2, according to The International Air Cargo Association (Tiaca). Tiaca Director-General Glyn Hughes told the Journal of Commerce that cargo […]
Read MoreRecent data from WorldACD reveals a slight decline in airfreight demand from China and Hong Kong to the US last week, even as shipping rates increased. For the week ending April 6 (week 14), demand from these key markets fell by 1% compared to the previous week, marking the first drop since the beginning of […]
Read MoreA quick update on the current logistics landscape in Southern California and what shippers can do to mitigate potential disruptions: Import Surge and Empty Container Imbalance January saw a sharp increase in imports as shippers rushed to beat anticipated U.S. tariffs and Lunar New Year factory closures. Year-over-year import growth: Port of Long Beach: up […]
Read MoreWith cargo theft and fraud on the rise, transportation and shipping organizations are urging the U.S. House of Representatives to pass legislation that would create a multi-agency federal task force to tackle cargo crime and strengthen penalties against offenders. The primary legislation in focus is the Safeguarding Our Supply Chains Act, introduced in June, alongside […]
Read MoreLufthansa Cargo anticipates growth in the air cargo market in 2025 despite ongoing geopolitical challenges and capacity constraints. During a recent webinar, Heike Woerner, senior director of business development, shared the airline’s projection of a 3-5% increase in cargo demand this year. This growth aligns with forecasts of 3.3% global economic expansion and improvements in […]
Read MoreHouthi militants have warned they will restart attacks on merchant shipping in the Red Sea unless Israel restores humanitarian aid and electricity to Gaza, which were cut earlier this month. In a televised speech on March 8, Houthi leader Abdul-Malik Al-Houthi gave Israel four days to lift the blockade on Gaza aid, halted since March […]
Read MoreThe effects of stricter e-commerce shipping regulations started to surface in February’s air cargo data, even as the overall market maintained its growth trajectory. According to new figures from data provider Xeneta, global air cargo demand rose by 4% year over year in February. The dynamic load factor remained steady at 59%, while the average […]
Read MoreThe air cargo industry is bracing for potential disruptions as stakeholders await updates on global tariffs from the US, creating uncertainty about the impact on the sector. Yesterday, the White House saw a flurry of activity as President Donald Trump announced executive orders imposing additional tariffs: a 10% increase on imports from China, a 25% […]
Read MoreCargo crime in the U.S. is not only increasing but also shifting to new regions as thieves adapt to changing supply chain patterns, according to a report by supply chain security firm Overhaul. Overhaul predicts cargo theft will continue rising at double-digit rates in 2025, though at a slower pace than in 2024. Criminals are […]
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