New CTS data shows just how deeply tariffs have hit US trade and Indian airfreight volumes, as Southeast Asia surges ahead under the China + 1 strategy.

The Loadstar team unpacks the numbers — and what they mean for rates, resilience, and rerouted cargo.

As the US Supreme Court takes on Trump’s reciprocal tariff policy, tension builds over whether refunds will ever materialize. Meanwhile, signs of peace in the Red Sea have carriers eyeing a return to Suez — but with overcapacity already looming, could that just make the freight picture murkier? And what will this mean for airfreight?

Plus, we look at booming trade through Southeast Asia, MSC’s fruit-fueled pivot to South Africa, and the EU’s new vote to end de minimis. All that and the best of Loadstar Premium — from California trucking chaos to “Wonder Jim” at Union Pacific — in this packed global round-up.