The Panama Canal Authority (ACP) recently announced updates to its Transit Reservation (Booking) System, introducing the Enhanced Long-Term Slot Allocation program (LoTSA 2.5) and modifications to how additional booking slots are offered for Neopanamax and Panamax vessel transits. WHAT IS THE LOTSA 2.5 PROGRAM? The LoTSA 2.5 program covers transit [...]
Global freight conditions in Week 16 reflect a market adjusting to sustained disruption in the Middle East alongside shifting capacity conditions across both ocean and air networks. Ocean carriers continue to reroute around restricted waterways, placing pressure on alternative hubs, while air cargo demand remains elevated following seasonal volume [...]
The transition from voluntary participation to mandatory compliance is approaching for the U.S. Consumer Product Safety Commission eFiling program. With a defined implementation date in July 2026, importers of regulated consumer products are now entering the final preparation window for a standardized, data-driven filing requirement that will apply across all [...]
Global air cargo demand rose 11.2% in February 2026 compared to the same period a year prior, according to industry analysts. Capacity grew 8.5% year-over-year and the cargo load factor reached 46%, up 1.1 percentage points. Every major trade corridor posted growth during the month, reflecting broad momentum across the [...]
Diesel prices are now influencing domestic freight behavior, with rising fuel costs contributing to tightening capacity across key lanes. WHAT ARE PROJECTED DIESEL FUEL COSTS GOING INTO THE SECOND QUARTER? Following military action in the Middle East on February 28, 2026, and the subsequent de facto closure of the [...]
Global freight conditions in Week 16 reflect a market contending with fuel supply disruptions, mixed trans-Pacific capacity, and ongoing regulatory changes. Tightening conditions persist in inland China and select Vietnam ports while fuel surcharge governance has emerged as a pressing industry concern. Recent White House and U.S. Customs and [...]
The White House issued a new Section 232 proclamation establishing a tariff framework for patented pharmaceuticals and associated ingredients. The action links duty exposure to patent status, country of origin, and company participation in onshoring and pricing agreements. The structure is targeted, conditional, and designed to differentiate between patented [...]
Transpacific ocean networks are starting to feel the effects of tightening fuel availability across key bunkering hubs. Industry experts note that rising fuel costs are influencing how carriers are managing vessel deployment, particularly on eastbound lanes. Operations remain steady overall, but adjustments like slower sailing speeds and revised fueling [...]
U.S. Customs and Border Protection (CBP) is refining how metal content should be calculated for Section 232 tariff reporting. In informal notification to carriers, CBP provided guidance explaining that the current interpretation maintains the framework used for steel and aluminum, aligns copper with that methodology. The informal guidelines also introduces [...]
Global freight conditions in Week 13 remained stable across key trade lanes, with targeted capacity pressure emerging in parts of Asia and increased volatility tied to fuel markets. Ocean capacity remained balanced overall, while air cargo conditions were influenced by fuel-driven adjustments and network changes linked to Middle East [...]
