U.S.–China Agree to One-Year Pause on Port Levies Following the Trump–Xi summit in Busan, the United States and China have reached an agreement to freeze port-related levies for one year, easing tariff pressures that have weighed heavily on global trade flows. According to recent reports, the U.S. will suspend punitive fees tied to its Section […]
Trump Signals Tariff Exemptions on Key Food Imports (Shift in U.S. Trade Strategy) The U.S. Trade Representative, Jamieson Greer, announced that President Donald Trump is now prepared to issue tariff exemptions on certain food products that are not produced domestically (including coffee, cocoa, and bananas).This development comes amid sustained pressure on U.S. grocery prices and […]
Switzerland and the United States are close to announcing a significant trade agreement that could reshape supply chains and investment flows between the two countries. The deal aims to reduce U.S. tariffs on Swiss imports from around 39% to 15%, affecting industries such as pharmaceuticals, medical devices, aerospace, and gold. Swiss companies have committed to […]
Trade Volatility Hits Hapag-Lloyd Profits Hapag-Lloyd posted a net profit of €846 million in the first nine months of 2025, a drop of about 50% year-over-year, as falling freight rates and soaring operational costs weighed heavily on its results. The German container shipping line saw its EBIT decline 55% to €809 million, despite a 9% […]
A recent survey conducted by Maersk among over 900 European companies reveals that supply chain disruptions are expected to continue over the next 12–24 months. The findings highlight the ongoing challenges posed by geopolitical tensions, trade policy changes, and fluctuating tariffs in the global logistics landscape. Key findings from the survey include: The survey emphasizes […]
PepsiCo to Close Two Frito‑Lay Facilities in Florida, Lay Off 500 Employees The snack-giant PepsiCo has announced the shuttering of two Frito-Lay production sites in Florida as it realigns operations amid falling demand for processed snacks. This development signals a broader adjustment across the food manufacturing sector as companies recalibrate their supply chains and production […]
The United States and China reached a new trade agreement during a meeting in South Korea, easing some tariff tensions. Under the deal, the U.S. will cut tariffs on certain Chinese imports linked to fentanyl trafficking from 20% to 10%, starting November 10. Washington will also extend its pause on higher reciprocal tariffs and maintain […]
RXO Inc., a major U.S.-based freight brokerage and 3PL provider, is feeling the pressure as previously locked-in contract rates have become misaligned with today’s higher freight costs. During its latest earnings call, RXO’s management repeatedly referred to a “rate squeeze,” describing how the company’s contracted commitments to shippers are now out of sync with what […]
China-US trade tariffs are entering a new phase as Beijing officially announces the suspension of its 24% retaliatory tariff on U.S. goods starting November 10, 2025. The decision highlights a cautious shift toward easing trade tensions between the two largest economies, signaling potential changes for global logistics and freight flows. How the China-US Trade Tariffs […]
UPS Announces 5.9% Rate Increase and Higher Surcharges Starting December 22 UPS will raise its shipping rates by an average of 5.9% across ground, air, and international services beginning December 22, 2025. Alongside the general rate hike, the carrier is also increasing key surcharges, including additional handling and residential delivery fees, and updating delivery-area ZIP […]
