Market Updates

01/05/2019
Q1 2019 - Brokerage North America
Helping Customers Minimize Impact of Tariff Increases While negotiations in the US-China trade war are underway, the scheduled Section 301 tariffs for List 3 items which were to increase to 25% for goods imported into the US on or after March 2,…
01/05/2019
Q1 2019 - Contract Logistics North America
Contract Logistics Hammered by Rising Costs Overall, the Contract Logistics (CL) market in North America is getting slammed with rising costs from every direction. The driver shortage is putting upward pressure on wages. Tractor/trailer equipment…
01/05/2019
Q1 2019 - Ground transport North America
Simple Equation: Volume ÷ Capacity = Rising Rates 2018 saw the largest increase (6.6%) in for-hire truck tonnage in 19 years. This volume increase together with declining capacity, due in large part to the driver shortage, resulted in rate…
01/05/2019
Q1 2019 - Ocean freight North America
Ocean Freight Global - The International Maritime Organization (IMO)’s Sulfur 2020 fee (low-sulfur surcharge) goes into effect January 1, 2020. Surcharge levels are still to be determined, but will impact without discrimination all ocean container…
01/05/2019
Q1 2019 - Air freight North America
Air Market Stable following Chinese New Year CEVA North America (Nortam) successfully executed a detailed air capacity management plan on major export routes from the United States to Asia - in order to ensure our clients the proper access to…