Port congestion across Europe continues to intensify, particularly in Bremerhaven, where labor shortages have surpassed expectations. Jannik Amstutz, senior ocean freight manager for Germany, reported average delays of five to six days depending on the port of destination. “While the pleasant weather is welcome, a lack of rainfall is contributing to low water levels on […]
Read MoreWidebody freighter capacity on the transpacific trade lane is rebounding, though it still trails volumes seen this time last year. According to data from aviation consultancy Rotate, widebody freighter capacity between Asia Pacific and North America rose 18% over the past 24 hours compared to the same period last week—an increase equivalent to 10 additional […]
Read MoreMajor container shipping lines are pushing for spot rates on shipments from China to the US West Coast that are more than double current levels, aiming to capitalize on a surge in demand sparked by a temporary easing of US tariffs on Chinese goods. Spot rates have already started rising following Monday’s announcement of a […]
Read MoreFollowing a trade de-escalation agreement between the United States and China announced on Monday, May 12, the White House released an Executive Order outlining how the temporary tariff suspension will be implemented. The order addresses ad valorem duty rates, tariff classifications, and de minimis thresholds affecting goods imported from China and Hong Kong. Key Provisions […]
Read MoreAir cargo volumes and capacity are expected to rise in the coming days after the United States and China agreed to a 90-day partial suspension of their ongoing trade war. The dispute had driven tariffs between the two nations to more than 100%, with additional duties placed on e-commerce shipments. Following a weekend of negotiations, […]
Read MoreThe United States and China have agreed to a 90-day suspension of their ongoing trade dispute, which had previously driven tariffs between the two countries to more than 100%. Following a weekend of negotiations, both sides announced that tariffs imposed since April 2 — which had reached as high as 125% on some goods — […]
Read MoreCargo theft is reaching record levels across the U.S., with organized criminal networks targeting trucks, warehouses, and even train cars. According to a six-month CNBC investigation, criminals are exploiting digital tools meant to streamline logistics, instead using them to hijack entire truckloads of goods. In 2024 alone, Verisk CargoNet reported 3,798 theft incidents — up […]
Read MoreUS shippers are increasingly turning to foreign trade zones (FTZs) as a potential solution to offset the cost of Trump administration tariffs on high-value goods and merchandise. However, limited storage capacity and administrative complexity make FTZs far from a guaranteed fix. FTZs are specially designated domestic areas, usually near a port of entry, where high-value […]
Read MoreU.S. President Donald Trump announced Tuesday that Yemen’s Houthi militants have agreed to cease their 18-month campaign of missile and drone attacks on commercial vessels in the Red Sea. If confirmed, this could pave the way for major ocean carriers to resume using the Suez Canal, potentially creating vessel overcapacity in an already strained container […]
Read MoreAs of May 2, the United States has officially ended the de minimis exemption for packages arriving from China and Hong Kong. This change eliminates duty-free entry for shipments valued under $800, subjecting them instead to significantly higher tariffs and stricter customs procedures. Under the new policy, affected packages will either face a 120% tariff […]
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