Freight Right 国际物流公司

The global e-commerce market is set to exceed $8.09 trillion by 2027, with cross-border e-commerce growing at 25.4% CAGR. Rising demand for fast shipping fuels air cargo expansion, with Amazon and Alibaba scaling operations. Global air cargo demand surged 11.3% in 2024, surpassing 2021 record highs. Airlines are converting passenger planes, but congestion and costs persist. AI, automation, and SAF enhance efficiency, with 10% SAF adoption targeted by 2030. By 2032, air cargo could reach $230.37 billion, while drones and urban air mobility revolutionize last-mile logistics, making airfreight central to the global supply chain. Read the latest piece on Air Cargo Week from Freight Right's CEO Robert Khachatryan: https://lnkd.in/eD7JctMb

?? Freight Market Update – Week of March 10, 2025 ?? Another day, another fundamental change in global trade policy! The Trump administration continues to escalate it's ongoing trade war with Canada, Mexico and China while the target countries retailiate with tariffs of their own. It's been a challenge keeping up with what's getting affected by who, when it's happening, and if it's happening but we're doing our best to keep on top of everything as it happens. Here's the latest with the market, customs, tariffs and rates: ? Container Rates Continue to Decline but Only Slightly: Week-to-week, market, at-cost rates, on average have decreased by another $50-100 dollars. West Coast rates have decreased a bit more than East Coast but both, for the moment, are projected to stay low at least through the end of March. ? Continued Weak Demand Post-Chinese New Year & Tariff Uncertainty Continues: March typically ushers in the beginning of shipping season but this year, that raise has yet to be seen. Though factories are resuming production post-Chinese New Year, shippers are still, rightfully, uncertain about the current state of business and staggering shipments. ?? On China & Hong Kong Imports to the US: 20% "Fentanyl" tariff on top of existing Section 301 tariffs $800 De Minimis exemption (for now) No eligibility for drawback: https://lnkd.in/gArUNxrd ?? On Canada & Mexico Imports to the US: No tariffs if products qualify under USMCA 25% "Fentanyl" tariff on non-qualifying products (except Potash & Energy at 10%) $800 De Minimis exemption applies No eligibility for drawback: https://lnkd.in/eBCxTkAr and https://lnkd.in/gm9KAi5v ?? On Upcoming Tariffs from the US: 25% tariff (up from 10%) on steel, aluminum, and derivatives All quotas, exclusions, and exemptions removed Additional steel & aluminum products added to the tariff list: https://lnkd.in/e6AAXbWs and https://lnkd.in/eRrGvW9G ?? On Possible Upcoming Tariffs from the US: April 2 – "Fair and Reciprocal Plan" Tariffs Under Review Copper Imports (Section 232, National Security Review) Timber & Lumber Imports (Section 232, National Security Review) Subscribe to the TrueFreight Index for weekly updates: https://lnkd.in/dM8Qxp_Q

?? This development of regarding tariffs on Chinese goods is flying under the wire amidst all the news around Canada and Mexico's tariffs right now but it is quite significant. ?? The Trump administration announced new tariffs set to take effect on?March 4, 2025: ?? Canada: 25% on most imports, except for "energy or energy resources," which face a 10% tariff. The exact scope of "energy resources" is unclear, but it includes crude oil, natural gas, coal, uranium, and critical minerals. ?? Mexico: 25% on all imports, with no reduced rate for energy-related goods. ?? China*: The existing*?10% tariff on all imports?(including from Hong Kong)?will increase to 20%. Key Provisions: ?? Applies to all covered imports from 12:01 a.m. EST, March 4, 2025. ?? No exclusions process?for businesses seeking exemptions. ?? De minimis exemption (low-value imports): Temporarily remains in place after an amendment delayed the suspension until the Commerce Department establishes a tariff collection system. ?? Duty drawback prohibited, meaning businesses cannot reclaim duties on re-exported goods. ?? Foreign Trade Zone (FTZ) impact: Goods entering an FTZ after?February 4, 2025, must retain duty status. ?? Temporary Importation under Bond (TIB)?is allowed in some cases. Legal Basis & Potential Retaliation The tariffs are imposed under?IEEPA (International Emergency Economic Powers Act), a rarely used mechanism for tariffs. Canada, Mexico, and China have indicated?retaliatory measures?may follow. The orders allow for?further tariff hikes?if these countries respond with countermeasures. Tariffs will?remain in effect indefinitely?unless lifted by the president. These measures mark a significant escalation in trade tensions, particularly with?key North American partners and China. ?? Regarding this amendment towards China, for shippers, this means that goods which were entered and paid the initial 10% duty?will now owe the 20% duty?–?effectively a retroactive duty rate increase. Sources are beginning to report?specifically?on this detail. Below is one of the first. Reuters, Bloomberg, CNN and others will start to come out soon, as well. https://lnkd.in/eRubR5CK

A very neat, concise summary of what the state of tariffs is between world governments, when they're taking effect, what products they're affecting and what the percent increases are (via Lars Jensen):

?? Freight Market Update – Week of March 3, 2025 ?? The container shipping market is seeing significant rate drops, particularly on Trans-Pacific lanes. Key takeaways from this week’s discussion: ? Falling Rates: West Coast rates have plummeted from $3,500–$3,600 per container in early February to around $2500. East Coast rates are also down but remain higher at $3,200–$3,300. The decrease coming from weak wait-and-see attitudes from BCOs as well as carriers missing their estimates for te volume of shipments booked and carriers looking to get BCOs booking shipments. ? Weak Demand Post-Chinese New Year: Factories are resuming production, but shipments remain slow. A moderate uptick is expected mid-March as lead times complete. ? Tariff Uncertainty Slows Imports: Shippers/BCOs are in wait-and-see mode right now. The new 10% tariff on Chinese imports is making importers cautious, with many waiting for potential policy shifts before committing to shipments. Some are exploring alternative sourcing from Vietnam, Thailand, and other Southeast Asian nations. ? Future Tariff Concerns: There is speculation that the 10% tariff may increase to 25%, reminiscent of the 2018 trade shifts when manufacturers relocated production to Southeast Asia. ? Upcoming Disruptions: The next shipping slowdown will be around May 1st (May Day), a public holiday across Asia, though its impact will be less significant than Chinese New Year. As importers and shippers navigate these shifts, all eyes are on carrier rate adjustments, tariff policies, and emerging alternative trade routes. Subscribe to the TrueFreight Index for weekly updates:?https://lnkd.in/dM8Qxp_Q

?? ??? Today, we're proud to introduce the TrueFreight Index (TFX), the first of Freight Right's proprietary indicies geared towards providing shippers, researchers and analysts a benchmark for global shipping rates and activity. ?? ??? The index: ?? Is free to use and users can subscribe for weekly updates in addition to market updates. ?? Is interactive. Users can filter and sort to see year-over-year, month-by-month rates by Origin, Destination, Trade Lane and Container Size. ?? Captures real-time market fluctuations with precision. ?? Aggregates pricing from logistics providers, including freight forwarders. ?? Uses median spot rates for key trade routes; structured methodology fills data gaps. ?? Works with a Volume-Weighted Calculation. In other words, major trade routes with high traffic have greater influence on the benchmark value. ?? Automatically eliminates biases. TFX Ensures objectivity and consistency in rate determination. Freight Right's data team regularly is refining quality control, backtesting, and industry-aligned updates keep the index reliable. Check out the index & subscribe for updates: https://lnkd.in/dM8Qxp_Q

Celebrate the remarkable success of Freight Right Global Logistics from USA, shared by Cindy Borbon, CLSSYB , Pricing Assistant Manager, as her talks about finding reliable agents through GLA and how meeting face-to-face opened new business opportunities. Discover how Freight Right Global Logistics expanded its operations and learn how you can also unlock similar growth opportunities at the ???????? ?????? ???????????? ?????????????????? ???????????????????? in Dubai! ?? ?? Date: May 15-18, 2025 ?? Venue: Grand Hyatt Dubai, UAE ?? Secure Your Spot: conference.glafamily.com #GLA #GLAFamily #Dubai2025 #12thGLAGlobalLogisticsConference #GLAVoice #LogisticsInnovation #BusinessGrowth #NetworkingOpportunities #GLANetwork

?? Canada's recent tariff announcement has sent shockwaves through the US-Canada trade relationship. As of February 4, 2025, a 25% tariff will be imposed on a wide range of US-produced goods entering Canada.?This move comes in direct response to President Trump's 25% tariff on Canadian imports. The Canadian government released the full list of goods recieving tariffs effective today per CBC https://lnkd.in/gXbtBdCF

China Tariffs at 10%: How Will Freight Rates Respond? I was expecting freight rates to remain stable post-Chinese New Year, with no major volatility in sight. Now, with the sudden announcement of a 10% tariff on Chinese imports, the dynamics may shift—but in which direction? Would love to get the opinions of Eric Johnson Lars Jensen Judah Levine. I see two key scenarios unfolding: 1?? Lower Demand, Weaker Rates? Typically, new tariffs prompt U.S. importers to hold back on orders, fearing higher costs. This leads to reduced demand for vessel space, putting downward pressure on ocean freight rates. 2?? A Relief Rally Instead? However, this is not an ordinary tariff. Many businesses had already frontloaded their imports in anticipation of a campaign-promised 60% tariff, which never materialized. A 10% rate is far less severe than expected, meaning some importers may resume placing orders they previously withheld—leading to stronger freight demand instead of a decline. ?? Complicating Factors: Mexico & Canada Tariffs ?? Meanwhile, the unexpected 25% tariffs on Mexico and Canada could create a rapid shift in sourcing. Certain industries—particularly in raw materials—may pivot back to China, increasing transpacific shipping demand and supporting higher ocean freight rates. What’s Next? If you're negotiating contract rates with your forwarders, now is the time to lock them in. We've seen contracts signed at $2600–$2900 per FEU from Asia to USWC and $3300–$3900 to USEC. This increasingly looks like a great deal. Seems like we've got a nice dose of volatility just in time for #TPM25. Just another dull week in the world of logistics, right? #oceanfreight #tariffs #importtariffs

Timely and in-depth expert insights from Robert Khachatryan, the founder and CEO of Freight Right Global Logistics. HVM Law Firm, #logistics, #tarrifs https://lnkd.in/gZwWD_wr