
Freight Market Update: January 15, 2020
The Phase 1 U.S.-China deal keeps 25% tariffs on bikes and many goods, while research predicts continued container shipping overcapacity in 2020.

The Phase 1 U.S.-China deal keeps 25% tariffs on bikes and many goods, while research predicts continued container shipping overcapacity in 2020.

Week of January 8, 2020: IMO 2020 low-sulfur fuel surcharges raise shipper price-gouging concerns and the EPA plans its Cleaner Trucks Initiative.
Eight trade organizations pledge $5 billion to fund zero-carbon ship R&D by the 2030s, as shipper lead times shrank 5% in 2019 amid soft capacity conditions.
China announces January tariff cuts on over 850 products while Mexico expands freight truck restrictions in the Guadalajara metropolitan area.

The WTO dispute body falls below minimum staffing as Trump blocks appointments, while the first autonomous truck completes a cross-country haul.

The US, Mexico, and Canada sign the USMCA NAFTA replacement as looser US fuel rules aim to ease the looming IMO 2020 sulfur transition.

Catastrophic ship fires rise on dangerous goods and unsafe containers, while Mexico urges U.S. ratification of the trade deal, in the November 27, 2019 update.

U.S. inbound containers drop 14% at LA and Long Beach after tariff-driven inventory loading, and Adidas shifts Speedfactory to Asia, for November 13, 2019.