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 [...]
UPDATE - MARCH 25, 2025: WHITE HOUSE ISSUES EXECUTIVE ORDER CLARIFYING 25% SECONDARY TARIFF ON VENEZUELAN OIL TRADE The White House published a late-night executive order providing clarification on the application, administration, and enforcement of the upcoming 25% tariff on imports from countries that purchase oil from Venezuela. 1. Tariff [...]
Cargo moving through the Port of Long Beach (USLGB) continues to surge, suggesting shifts in U.S. supply chain strategies. Data trends hint that importers started adjusting their sourcing, routing, and inventory replenishment in response to tariff pressures and changing consumer demand. This boost in cargo demand bumped USLGB's February 2025 [...]
The rollout of new carrier alliances is creating additional congestion across Europe’s major ports, impacting vessel backlogs, high yard utilization, and inland transport delays. As carriers transition to updated service networks, overlapping vessel rotations and shifting terminal assignments add pressure to strained operations in Rotterdam, Antwerp, Hamburg, and Le Havre. [...]
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 [...]
The United States Trade Representative (USTR) has proposed a series of new service fees and operational restrictions targeting Chinese maritime transport operators and carriers utilizing Chinese-built vessels. If enacted, these measures would impact vessel operators calling at U.S. ports, introducing financial penalties based on vessel ownership, fleet composition, and [...]
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 [...]
On March 11, 2025, the European Union (EU) announced retaliatory tariffs as 25% tariff on steel and aluminum U.S. imports went into effect at 12:01 a.m. March 12, 2025 ending all country-specific quotas and exclusions. These EU countermeasures target approximately €26 billion (around $28.4 billion) worth of U.S. goods and [...]
LATE-DAY ANNOUNCEMENT: ADDITIONAL 50% TARIFF ON STEEL AND ALUMINUM CANADIAN PRODUCTS ON HOLD President Donald J. Trump told reporters at the White House that he 'probably' would not proceed with increasing tariffs on Canadian steel and aluminum to 50%, following the Ontario premier’s decision to roll back a surcharge on [...]
AVIATION SECURITY WORKERS STRIKE AT 13 GERMAN AIRPORTS A nationwide labor strike organized by Germany’s Verdi union has brought operations to a near standstill at 13 major airports, including Frankfurt, Munich, and Hamburg. The 24-hour walkout, which began on Monday, March 10, 2025, has led to the cancellation of more [...]
