
Global Logistics Update: February 6, 2025
A new 10% tariff hits China and Hong Kong goods, ending the de minimis rule and suspending duty drawback, as Flexport launches its Tariff Simulator.

A new 10% tariff hits China and Hong Kong goods, ending the de minimis rule and suspending duty drawback, as Flexport launches its Tariff Simulator.

Flexport launches its Tariff Simulator as Trump threatens universal tariffs on semiconductors, steel, and pharmaceuticals plus emergency Colombia duties.

CBP proposes restricting de minimis exemptions for Section 232, 201, and 301 goods, and Flexport launches its Tariff Simulator, in the January 23, 2025 update.

Shipping lines cut short-term Transpacific rates to stimulate demand before Lunar New Year, with space constrained and 11% blank sailings planned for CNY.

The ILA and USMX reach a tentative six-year master agreement on automation, averting a U.S. port strike, in the Global Logistics Update for January 9, 2025.

Global Logistics Update for December 19, 2024, as carriers implement a December 15 GRI and announce the first peak season surcharges for January 2025.

Carriers push a December 15 Transpacific GRI on strong holiday and Lunar New Year bookings as Asia-Europe rates ease on modest demand, December 12, 2024.

The ILA and USMX remain deadlocked over port automation with a January 15 deadline looming, raising the risk of renewed US East Coast labor disruption.