Freight Shipping & Logistics News

In the high-stakes world of global trade, your supply chain is either a silent engine of growth or an expensive liability. Between fluctuating fuel surcharges, evolving trade agreements, and the constant threat of port congestion, the freight forwarder you choose to manage your cargo is the most significant variable in your company's profitability. That’s why choosing the right freight forwarding partner is so critical.

The global ocean freight market is moving fast, but not in the direction most shippers expected. After months of rate hikes and tight space, spot rates are now crashing, and ocean carriers are scrambling to restore balance. Here’s what’s happening and how it may impact your bookings in the weeks ahead.

With Donald Trump winning the 2024 United States election, global trade is once again under close examination, as the soon-to-be president has recently announced that he will sign an executive order placing a 25% tariff on all imports from Canada and Mexico, along with an additional 10% tariff on imports from China.