(Bloomberg) — President Donald Trump signaled plans to impose previously threatened tariffs of as much as 25% on Mexico and Canada by Feb. 1, reiterating his contention that America’s closest…
https://gcaptain.com/trump-plans-to-impose-25-tariffs-on-mexico-canada-by-feb-1/
President Trump‘s potential revival of sweeping import tariffs is creating widespread uncertainty in US shipping markets, with industry experts warning of possible supply chain disruption and skyrocketing freight rates. “Trump…
Donald Trump will issue a broad trade memo on Monday that stops short of imposing new tariffs on his first day in office but directs federal agencies to evaluate U.S. trade relationships with China, Canada and Mexico, an incoming Trump administration official said, an unexpected development that...
Lori Ann LaRocco – The world of logistics handicapped a Trump win starting in the late winter and early spring of 2024, with discussions and implementation of front-loading in anticipation of tariffs….
https://gcaptain.com/are-us-shippers-ready-for-an-emergency-order-on-tariffs/
A late-year freight surge has kept ocean container rates elevated on trans-Pacific routes to the United States.
Routes from Asia to the U.S. West and East coasts showed narrow increases for the week ending Dec. 20, according to shipping data analyst Freightos, and are about 15% higher than at the start of December, on midmonth general rate increases by carriers.
Asia-U.S. West Coast prices increased 4% to $4,452 per forty-foot equivalent unit for the week. Asia-U.S. East Coast prices were up 2%...
https://www.freightwaves.com/news/port-strike-threat-helps-boost-trans-pacific-container-rates
Donald Trump’s first trade war hurt American soybean farmers to the tune of $11 billion. A sequel is set to be even worse.
https://gcaptain.com/trump-trade-war-to-hurt-us-farmers-more-as-china-turns-to-brazil/
Ocean freight rates have jumped up for the December 15-31 bookings signaling a tightness of space due to demand. Logistics managers tell gCaptain the special bullet rates have quickly disappeared the time being and the spot is heading up.
https://gcaptain.com/nuance-in-ocean-freight-rates-could-be-another-front-loading-tea-leaf/
In anticipation of a tighter truck freight market in 2025, some shippers have started making contract adjustments as pricing power begins to shift to carriers.
“We’re actually seeing price appreciation in contract rates as the spread between spot and contract is increasing,” said Ryan Grote, supply chain solution analyst at FreightWaves.
“Roughly 70% of freight moves under contract, and the fact that we’re already seeing those prices start to appreciate I think is another signal that the bottom...
https://www.freightwaves.com/news/bracing-for-tighter-truck-capacity-shippers-rebid-contracts
The expansion of Canada’s Trans Mountain pipeline represented a $24 billion bid to help the country’s oil producers reduce their near-total reliance on the US market. That’s a bet that may pay off sooner than expected if President-elect Donald Trump follows through on his tariff threats.
https://gcaptain.com/oil-patch-in-canada-has-24-billion-shield-against-trump-tariffs/