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US to hold off on raising China tariffs to 25%

US importers received news this weekend that an important agreement has been struck to temporarily put on hold the pending January 1 tariff increases on goods from China to the U.S.  The pending 25 percent tariff increases wreaked havoc on this year’s peak season with ocean rates from the Asia to the U.S. hitting five-year … Continued
Industry News

Potential UPS Freight Strike

United Parcel Service Inc. (UPS) has been warning UPS Freight customers of potential delays. On Monday, November, 12, 2018, 11,000 UPS Freight workers, members of the International Brotherhood of Teamsters union, may go on strike. UPS posted a warning on its website that the company has already taken precautions against shipping delays by stopping to accept new pickups and … Continued
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Trans Pacific Ocean Freight Market Update

The 2018 Trans Pacific peak season has continued to break away from conventional trends as we have seen shippers importing into the US at record levels ahead of the Trump administration tariffs deadlines. In addition to the tariffs, there are other significant factors at play fueling this unprecedented market, including: a robust US economy, crude … Continued