Supply Chain News: Ocean Carriers Announce 2025 Surcharges, Asia-US Spot Rates Hit 2024 High, FedEx Spins Off LTL Freight Business
This week: Realigned ocean carriers announce 2025 surcharges for NorthernEurope-US shipments Asia-US container shipping spot rates hit yearly high in the final weeks of 2024 FedEx spinning off LTL freight division as separate public company, reshaping the market Rail...
Supply Chain News: US Retail Import Surge, USMX Pushes Automation, Trump Supports ILA, Strike Date Nears
This week: US retailers expect an import surge through next spring, frontloading continues As ILA strike date nears, USMX puts its foot down about automation in new statements Trump declares support for ILA, union hopes it will turn contract talks in their favor...
Supply Chain News: Red Sea Effect Enters Year Two, FMC Halts Premier Alliance Launch, Rail CEOs on North American Tariffs
This week: Container shipping industry still diverting around Cape of Good Hope as Red Sea effect continues FMC halts Premier Alliance launch as agency seeks details on carriers’ agreement Asia-North America trade routes will be the initial focus for Premier Alliance...
Supply Chain News: Trump Says 25% Tariffs for Canada & Mexico, Ocean Carriers Brace for ETS Surcharge Hikes, And More
This week: President-elect Donald Trump says he will impose 25% tariffs on Canadian and Mexican imports Ocean carriers brace for hikes of 75% to 100% in the EU’s ETS surcharges starting in 2025 Employers at the Port of Montreal and Local 375 agree to mediation amid...