The Port of Los Angeles, already the busiest port in the United States, announced that it handled over 1 million twenty-foot equivalent units in July—a record-setting milestone in its operations. This marks an 8.5% increase compared to the same month last year, with total volumes climbing
The Port of Los Angeles, the busiest trade gateway in the United States, experienced a historic surge in container volume last month, signaling a sharp rebound from a slowdown in May. The port handled approximately 892,000 twenty-foot equivalent units (TEUs) in June 2025—a 32% increase month-over-month
The U.S. trucking industry continues to grapple with one of its most challenging freight markets in recent years. According to a July 1 report from the American Transportation Research Institute (ATRI), the average cost of operating a truck declined slightly by 0.4% in 2023 to $2.260
Shippers continued to frontload cargo in May ahead of tariffs, giving a boost to dry van volumes, but analysts note carriers still lack pricing power. Spot rates and volumes for reefer and dry van rose modestly in May as shippers frontloaded cargo ahead of summer and
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
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
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
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. 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
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