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TikTok negotiations might be thawing US-China trade tensions (swipe up?), but don't expect freight rates to plummet until that 30% tariff stops trending (see what I did there?). Transpacific rates surprised with a 30% September jump despite a weak peak season, hitting $2,300/container. Meanwhile, the upcoming USTR port call fees for Chinese vessels (starting Oct 14th) are scrambling carrier routes. And that de minimis rule change...has helicopters patrolling.
Get your global freight fix in just under seven minutes!
This podcast is a little experiment from Freightos—and may not be around forever—so if you dig quick bites of freight wisdom, let us know.
For more detailed weekly freight updates delivered straight to your inbox, check out our weekly freight email. Want the freshest freight data on demand? Hit up terminal.freightos.com.
By FreightosTikTok negotiations might be thawing US-China trade tensions (swipe up?), but don't expect freight rates to plummet until that 30% tariff stops trending (see what I did there?). Transpacific rates surprised with a 30% September jump despite a weak peak season, hitting $2,300/container. Meanwhile, the upcoming USTR port call fees for Chinese vessels (starting Oct 14th) are scrambling carrier routes. And that de minimis rule change...has helicopters patrolling.
Get your global freight fix in just under seven minutes!
This podcast is a little experiment from Freightos—and may not be around forever—so if you dig quick bites of freight wisdom, let us know.
For more detailed weekly freight updates delivered straight to your inbox, check out our weekly freight email. Want the freshest freight data on demand? Hit up terminal.freightos.com.