Month: February 2025

Articles

Major Overhaul of U.S. LTL Freight Classification Underway | #ShipcoViewpoint

The U.S. less-than-truckload (LTL) freight classification system is undergoing the most significant overhaul of its nearly 90-year-old rating system, and shippers are concerned about potential cost increases in their LTL pricing. The National Motor Freight Traffic Association (NMFTA), a nonprofit trade organization responsible for managing the National Motor Freight Classification (NMFC), explains that the changes

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Articles

U.S. sets 10% Tariff on Chinese Goods, Delays Tariffs on Canada and Mexico

The 10% tariff on all Chinese imports into the U.S. took effect on February 4, covering broad categories of goods, including consumer items like electronics, clothing, and shoes. Trade groups, including the American Association of Port Authorities (AAPA), have warned that the tariffs will slow supply chains and raise costs for U.S. consumers. China responded

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Articles

Trans-Pacific Capacity Drops 8% in February as Alliances Restructure

The restructuring of the ocean carrier alliances in February has brought about capacity fluctuations in the Trans-Pacific trade, according to maritime intelligence firm eeSea. Although functional capacity was 20% higher year-over-year, it remained 8% lower compared to January. eeSea indicated that despite an increase in the number of Eastbound Trans-Pacific services from four to 53 in February,

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