Port Crisis Averted
The ILA and USMX have reached a tentative six-year contract agreement, easing fears of a supply chain disruption at East and Gulf Coast ports. The deal, which is subject to ratification, balances job security with the implementation of modern technologies designed to enhance safety and efficiency at ports. After nearly eight months of negotiations, the […]
Capacity Rebounds Post-Holidays
Post Holiday Capacity Recovery The freight market is recovering after the holiday slump, with national tender volumes up 19.3% over the past week, though still lagging 6.98% behind last year. Contract load volumes rose 22.66% week-over-week, driven by decreased tender rejections, which fell to 7.13%. Reefer freight remains strong, with volumes up 6.5% year-over-year, though […]
Imports Vying to Land Before Port Strikes and Tariff Uncertainty
Imports Rush to Land Before Port Strike and Tariff Uncertainty Containerized imports are on the rise as retailers and shippers rush to beat possible East and Gulf Coast longshore strikes and looming tariffs from the incoming Trump administration. The National Retail Federation (NRF) reports a 9.3% year-over-year increase for October imports, totaling 2.25 million TEUs. […]
Looming Slowdown For Air Cargo
Air Cargo Faces Looming Slowdown Air cargo demand is set to decline in 2025, following a stellar run in 2024 marked by double-digit growth fueled by ocean freight disruptions and e-commerce surges. Analysts, including logistics giant DSV, project flat volume growth as markets adapt to ocean freight stability and U.S. regulations curtail duty-free e-commerce imports […]
Tackling Carrier Instability
Tackling Carrier Instability Retailers face increasing pressure to adapt to unstable carrier markets as disruptions grow in frequency and intensity. Forward-thinking companies mitigate these challenges by diversifying their carrier networks, optimizing routes, and adopting AI tools to improve delivery reliability and resource efficiency. Walmart and Tesco exemplify this approach, using internal and external networks alongside […]
Effects of Canadian Port Closures
Effects of Canadian Port Closures A labor dispute has significantly impacted Canada’s western ports, including Vancouver and Prince Rupert, critical hubs for international trade. Over 700 dock workers were locked out following contract disputes, halting key operations at container, automotive, and breakbulk terminals. While grain and petroleum shipments remain unaffected, industries like potash, containerized freight, […]
Panama Canal Tariff Impact Looms
Panama Canal Tariff Impact Looms for LNG The Panama Canal’s role in U.S.-China LNG trade faces potential disruption from proposed U.S. tariffs on Chinese imports. ACP Chief Ricaurte Vasquez highlighted this risk at the Houston International Maritime Conference, explaining that a 60% tariff could shift LNG trade flows, forcing shipments onto longer, costlier routes. This […]
Return to Tariff Turbulence
Returning To Tariff Turbulence As Donald Trump gears up for another term, his aggressive stance on trade, especially with China, could deeply impact the cost and flow of imports to the U.S. Trump has proposed tariffs between 60% and 100% on Chinese imports and up to 20% on all foreign imports, which would directly raise […]
USDOT Fast Tracks Rail Upgrades
U.S.D.O.T. Fast Tracks Railroad Infrastructure Improvements The USDOT’s $2.4 billion investment in U.S. rail infrastructure will enhance freight flow, safety, and resilience across the nation. This funding, covering over 120 projects in 41 states, supports critical upgrades in key logistics hubs. Highlights include $26.5 million for the Colonel’s Island Terminal at Georgia’s Port of Brunswick, […]
Election’s Impact On Supply Chain
Election’s Impact on Supply Chain The upcoming U.S. presidential election could significantly impact supply chains, as C-suite leaders brace for potential economic, regulatory, and geopolitical changes. Nearly 33% of executives cite geopolitical risks as top concerns, highlighting the pressure on procurement and supply chains to adapt. Recent events, like the ILA port strike affecting East […]