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 [...]
INTERNATIONAL MARITIME ORGANIZATION REAFFIRMS COMMITMENT TO GHG EMISSIONS REDUCTION At a recent press conference, the International Maritime Organization (IMO) announced its focus for advancing decarbonization efforts within the global maritime shipping industry in 2025. IMO Secretary-General Arsenio Dominguez reaffirmed the agency's ongoing commitment to reducing greenhouse gas (GHG) emissions [...]
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. [...]
U.S. TARIFF ON CHINA AMENDED BY NEW EXECUTIVE ORDER The latest U.S. Presidential Executive Order, signed on February 5, 2025, reinstates de minimis duty-free treatment for certain Chinese-origin goods impacted by the February 1, 2025, Executive Order on the Synthetic Opioid Supply Chain in the People’s Republic of China. [...]
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 [...]
NEW U.S. TARIFFS ON CANADA, CHINA, MEXICO: OVERVIEW The global supply network is rapidly adjusting to new U.S. tariffs on Chinese-origin goods, effective February 4, 2025, at 12:01 a.m. ET. While tariffs on Canada and Mexico remain on hold until March 5, 2025, businesses relying on China for raw [...]
U.S. TARIFFS ON TRADE PARTNERS TAKE EFFECT ON TUESDAY, FEBRUARY 4, 2025 On Saturday, February 1, 2025, the White House announced a series of tariff measures effective Tuesday, February 4, 2025. These tariffs were enacted under the International Emergency Economic Powers Act (IEEPA), the National Emergencies Act, Section 604 [...]
U.S. TARIFFS ON CANADA, MEXICO, AND CHINA SET TO BEGIN ON FEBRUARY 1, 2025 The U.S. is set to implement significant new tariffs on imports from Canada, Mexico, and China, marking a major shift in trade policy that could have widespread economic implications. Beginning February 1, a 25% tariff [...]
2025 OCEAN CARRIER ALLIANCE RESTRUCTURING The container shipping industry is entering a period of change as major carriers realign their service networks for 2025 and beyond. The new and restructured alliances will reshape global trade lanes, redistribute capacity, and adjust port coverage, impacting supply chain planning and operational strategies. As these [...]
UK & NORTHERN EUROPE BRACE FOR DANGEROUS WINTER STORM Ports and ocean carriers are bracing for significant schedule disruptions across Northern Europe as extreme weather sweeps through the English Channel and the Bay of Biscay. UK ports, already strained by previous storms Éowyn and Herminia, are seeing worsening delays, with [...]
