Week 14 brings growing port congestion in Latin America, aggressive carrier cutbacks across the transpacific, and a new round of service suspensions—all while global freight networks adjust to shifting demand and trade policy changes. WEEK 14: NEW U.S. TARIFFS TAKE EFFECT Two new U.S. tariffs take effect this week [...]
Week 13 finds new U.S. tariffs, strained European port operation, and transatlantic trade lane service suspensions creating additional challenges to a strained global network. NEW 25% SECONDARY TARIFF ON TRADE LINKED TO VENEZUELAN OIL EFFECTIVE APRIL 2, 2025 A new U.S. executive order will impose a 25% tariff on [...]
TRADE SHIFTS, CAPACITY PRESSURES, AND POLICY IMPACTS Week 12 finds trade policy shifts, capacity constraints, and supply network adjustments continuing to shape the global freight market. New U.S. tariffs on European automotive imports take effect April 2, 2025 while expanded Section 232 tariffs on steel and aluminum are now [...]
GLOBAL TRADE SHIFTS AND FREIGHT DISRUPTIONS IMPACT SUPPLY NETWORKS New U.S. trade measures are now in effect, with higher tariffs on China, Hong Kong, Canada, and Mexico in place since March 4, 2025, and expanded Section 232 tariffs on steel and aluminum taking effect March 12, 2025. The latest policy [...]
TRADE SHIFTS CONTINUE AS TARIFFS, SECTION 232 INVESTIGATIONS, AND PORT LABOR ISSUES UNFOLD Tariffs, trade investigations, and labor disputes are adding pressure to global freight markets this week. On March 12, 2025, expanded Section 232 tariffs on steel and aluminum derivatives take effect, while new investigations into timber, lumber, [...]
FREIGHT VOLUMES REMAIN BELOW PRE-HOLIDAY LEVELS Market activity remains subdued, though a slight improvement over the previous week has pushed volumes to approximately 40% of pre-Lunar New Year levels. However, weak demand and the impact of new tariff policies continue to restrict a full recovery. With limited signs of [...]
SLOW FREIGHT RECOVERY CONTINUES With Week 08 underway, global freight volumes remain sluggish, as demand struggles to recover following Lunar New Year closures and new tariff policies. Market activity is currently at 30-40% of pre-holiday levels, with a gradual rebound expected after mid-March as manufacturing operations ramp up. GEMINI [...]
FREIGHT MARKET OUTLOOK: VOLUME REBOUND DELAYED UNTIL MID-MARCH With Week 07 underway, the freight market remains in flux, experiencing soft demand following the Lunar New Year holiday. Uncertainty with U.S. trade actions is creating shifts in seasonal bookings, while new carrier alliances are restructuring capacity across various trade lanes. [...]
SPECIAL EDITION U.S. TARIFFS ON KEY TRADE PARTNERS: CHINA, CANADA, & MEXICO Week 06 finds the freight market responding to a shifting global trade landscape as the U.S. rolls out new tariffs on key trade partners. The first tariffs targeting Chinese-origin goods, took effect on February 4, 2025, at [...]
As Week 05 begins, the freight market is navigating significant evolving global carrier alliances, is feeling the impact of the Lunar New Year public holiday, and continues to monitor the Red Sea region. OCEAN CARRIERS REMAIN CAUTIOUS OF RED SEA ROUTINGS Ocean carriers continue avoiding the Red Sea and [...]
