Ocean Freight Rates Start to Fall

Ocean Freight Rates Start to Fall

American importers are seeing a welcome shift in ocean shipping costs amid concerns over tariffs and fluctuating consumer demand. The average spot rate to ship a 40-foot container from Asia to the U.S. West Coast dropped to $5,840 at the beginning of this week—down from about

U.S. Tariff Revenue Hits Record $23 Billion in May

Tariff Revenue Hits Record $23 Billion in May

Customs Duties Surge 270% Year Over Year, Helping Reduce Monthly Budget Deficit U.S. customs duty collections surged to a record high in May, providing some relief to the monthly budget deficit. However, questions remain about the sustainability of this revenue as the Trump administration continues trade

Standard Pallet Size Dimensions

Standard Pallet Size Dimensions: The Ultimate Guide for Logistics Professionals

In the world of logistics, efficiency is everything. One of the often-overlooked components that can significantly impact shipping costs, space optimization, and operational flow is the standard pallet size. From freight planning to warehouse stacking, understanding pallet dimensions and specifications is essential for logistics professionals. This

Tariffs and Uncertainty Create Rare Growth Opportunity for 3PLs

Tariffs and Uncertainty Create Rare Growth Opportunity for 3PLs

Amid growing global trade uncertainties and the impact of U.S. tariffs, third-party logistics (3PL) providers are emerging as vital players in modern supply chains, according to the latest CSCMP State of Logistics Report for 2025. While challenges persist, especially in the wake of geopolitical tensions and

The Complete Guide to Cross Border Shipping Between the US, Canada, and Mexico

Freight Decisions: Your Carrier Selection Guide

In freight logistics, your transportation provider can either smoothen operations or cause delays. Transportation providers are expected to transport goods and do so competently in a timely manner. That all comes down to efficient carrier selection. In this guide, we outline how to choose a freight

Trump Announces 50% Tariff on Imported Steel to Boost Domestic Production

Trump Announces 50% Tariff on Imported Steel to Boost Domestic Production

President Donald Trump declared on Friday that the U.S. will double tariffs on imported steel, raising the current duty from 25% to 50%. The move, he stated, is intended to strengthen the American steel industry and protect domestic jobs. Speaking at the U.S. Steel facility near

U.S. Ports Post Strong Growth in April Despite Trade Shifts

U.S. Ports Post Strong Growth in April Despite Trade Shifts

U.S. container ports posted notable year-over-year gains in April 2025, signaling strong economic activity and a rush by importers to beat upcoming tariff deadlines. While this surge showcases resilience across the supply chain, port authorities are forecasting potential slowdowns in the months ahead as global trade

Port of Los Angeles Expects Stable Imports Amid Tariff Pause

No Tsunami of Containers Expected at Port of Los Angeles Despite Increased Bookings from China

Gene Seroka, Executive Director of the Port of Los Angeles, confirmed during his recent monthly briefing that while vessel bookings from China are increasing due to the 90-day pause in U.S.-China tariffs, a major surge in container traffic is unlikely. “We’re seeing an uptick in bookings

U.S.-China Tariff Relief Drives Surge in Ocean and Trucking Rates

U.S.-China Tariff Relief Drives Surge in Ocean and Trucking Rates

In a significant move aimed at easing trade tensions, officials from the United States and China have agreed to a 90-day truce and the rollback of recent tariffs. The agreement, announced in Geneva, marks a major de-escalation in the ongoing trade war that has disrupted global

Ocean Rates Stay Flat on Asia-to-U.S. Routes as Blank Sailings Rise

Ocean Rates Stay Flat on Asia-to-U.S. Routes as Blank Sailings Rise

Spot rates for ocean containers from Asia to the U.S. have remained steady since mid-April, according to data from Xeneta released on May 2. The average spot rate sits at $2,790 per forty-foot equivalent unit (FEU) to the West Coast and $3,830 to the East Coast.