
Freight Market Update: August 1, 2018
Peak season arrives early as US import volumes climb, while the White House weighs raising tariffs on $200 billion of Chinese goods to 25%.

Peak season arrives early as US import volumes climb, while the White House weighs raising tariffs on $200 billion of Chinese goods to 25%.

New IMO emission control rules may push rates higher through 2020, while trade tensions drive an 8.4% spike in U.S. seaborne imports at LA/Long Beach.
A worsening U.S. driver shortage, full ELD mandate enforcement, and rising fuel prices are driving up trucking rates in summer 2018. Read the update.

U.S. West Coast port closures over Independence Day plus rising retail demand drive cargo volumes to U.S. seaports in the week of June 28, 2018.

The EU launches retaliatory tariffs on U.S. goods over steel and aluminum duties as Trump threatens European auto tariffs and shipping costs hit record highs.

General Rate Increases hit Transpacific and Far East Westbound lanes for May as a new direct India-to-US West Coast ocean service launches in June.
US port drayage faces slowdowns and rising costs in early 2018, driven by winter weather, import volume growth, chassis shortages, and the ELD mandate.

Air freight demand stays extremely high with capacity backlogs across major trade lanes, plus ocean rate trends for the week of November 29, 2017.