Transportation Rates to Surge Amidst Tariff Pause
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Transportation Rates to Surge Amidst Tariff Pause
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Tuesday, May 13, 2025
Impact of tariff changes between the U.S. and China on the freight and shipping industry. Specifically, the temporary tariff pause is expected to lead to a surge in transportation rates as importers rush to capitalize on lower costs, creating challenges for smaller businesses. While ocean carriers are prepared for increased demand, concerns remain regarding supply chain capacity, including vessel and equipment availability, along with potential issues in warehousing and trucking. Furthermore, the articles indicate a predicted decline in U.S. import cargo volumes as the longer-term effects of tariffs begin to impact the supply chain, potentially resulting in higher costs and reduced availability of goods.
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