25% Tariffs on Foreign Cars; FEWB & TAWB: Market Shake-up & Delays
President Trump announced 25% tariffs on imported cars and auto parts as FEWB and TAWB ocean lanes faced market shake-ups and delays.
The latest on disruptions, rates, and market shifts
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Global Logistics Update: January 16, 2025
Shipping lines cut short-term Transpacific rates to stimulate demand before Lunar New Year, with space constrained and 11% blank sailings planned for CNY.
Global Logistics Update: December 12, 2024
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.
Global Logistics Update: October 31, 2024
Transpacific volumes recover after the Golden Week lull as anticipated tariff increases push China shipments and East Coast capacity tightens in late October.
Global Logistics Update: October 17, 2024
Week of October 17, 2024: transpacific ocean demand stays flat after Golden Week as the withdrawn GRI and resolved ILA strike ease rates and space.
Freight Market Update: May 16, 2024
Red Sea reroutings via the Cape of Good Hope strain schedules as strong demand and another GRI push Asia-Europe ocean rates up, per the May 16, 2024 update.
Freight Market Update: April 18, 2024
Red Sea reroutes send Asia-Europe vessels around the Cape of Good Hope, cutting early-May capacity by up to 13% as carriers implement GRIs, April 18, 2024.
Freight Market Update: April 11, 2024
The Red Sea crisis keeps Asia-Europe vessels rerouting via the Cape of Good Hope, cutting capacity 10-13% and tightening space as carriers push GRIs.