
Global Logistics Update: December 5, 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.

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.

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 West Coast space improves with added capacity while East and Gulf Coast rates hold steady, with ILA negotiations and tariffs the key pressures ahead.

Canadian ports in Montreal and Vancouver reopened after forced arbitration ended lockouts, while US ILA-USMX talks collapsed over port automation proposals.

President-elect Trump prepares new import tariffs for 2025 while labor disputes lock out workers and halt operations at major Canadian ports in BC and Montreal.

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

Canada's CARM customs platform goes live while strong post-Golden Week demand prompts carriers to announce a November 1 Transpacific GRI.

Week of October 17, 2024: transpacific ocean demand stays flat after Golden Week as the withdrawn GRI and resolved ILA strike ease rates and space.