
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.

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

President-elect Trump pledges Day 1 tariffs of 25% on Mexico and Canada plus added duties on China, alongside volatile freight markets and labor disputes.

Transpacific volumes recover after the Golden Week lull as anticipated tariff increases push China shipments and East Coast capacity tightens in late October.

USTR finalizes new Section 301 tariffs on China-origin goods while the Biden administration overhauls the $800 de minimis exemption in September 2024.

A new executive action could deny de minimis treatment for imports under Section 301, 201, and 232 tariffs, raising duty costs, per the September 19, 2024 update.

Transpacific volumes stay strong as Cape of Good Hope routings and Asia and North America port congestion drive blank sailings and softening rates.

Transpacific volumes stay strong as Cape of Good Hope routings and Asia and North America port congestion drive structural blank sailings and rate cuts.

Transpacific volumes stay strong as Cape of Good Hope reroutings and Asian and North American port congestion drive structural blank sailings and July GRIs.