On March 27, the IHA Government Affairs team conducted the webinar, “Tariff Update from Washington, DC,” to provide basic information on President Trump’s tariffs. Executives from freight logistics services provider TQL Global, LLC, also provided their experience with the tariffs. The IHA webinar covered the 25% tariffs on Mexico and Canada; 20% tariffs on China; 25% tariffs…
CONTINUE READINGFeatured
Rate Levels: Uncertainty
We've seen some interesting movements in ocean freight rates lately. It seems like carrier capacity control has been a bit lacking since the Chinese New Year, with a 14% year-over-year increase in capacity. To get those spot rates back in line, carriers are starting to blank/void sailings, which is something we're already observing. And hold onto your hats, because carriers…
CONTINUE READINGU.S. Trade Actions Aimed at China’s Maritime Dominance: What It Means for Shippers
The U.S. government has proposed some major trade actions targeting China's dominance in the maritime, logistics and shipbuilding sectors. Both the Biden and Trump administrations have been investigating this issue, and now things are heating up. The United States Trade Representative (USTR) has proposed some hefty fees on Chinese-built vessels entering U.S. ports. They're also…
CONTINUE READINGStatus Report on Trump Tariffs
Since taking office on Jan. 20, President Trump has issued tariffs for different countries and different products. Further confusing matters are the various starting dates and rates for the tariffs and the statutes by which President Trump can impose such tariffs. Following is a brief inventory of President Trump’s tariff announcements with the rates and starting dates and…
CONTINUE READINGContract vs. Spot Rates: Which Will Win in 2025-26?
As we head into 2025-26, the question on some shipper's mind is: contract or spot rates? While spot rates might seem tempting with their short-term savings, history shows that contract rates are the true winners of the long-term race. Don't be fooled by the lure of a few dollars saved today, as it could lead to millions lost down the road. Why Contract Rates Reign…
CONTINUE READINGTrump Actions on Tariffs, Trade and De Minimis Shipments
President Trump has issued hundreds of executive actions since his inauguration. Many were Executive Orders (EOs) rescinding Biden EOs or to initiate policies not needing congressional approval. On Feb. 1, Trump announced 25% tariffs on products from Mexico and Canada (with Canadian energy resources at 10%), and 10% tariffs on products from China. All were scheduled to start…
CONTINUE READINGThe 2025 Tides of Global Trade: Are You Ready?
Your Executive Director here, back with another update from the ever-exciting world of ocean freight. If there's one thing we've learned, it's to expect the unexpected! Just when we thought we had a handle on things, the ILWU and USMX threw us a curveball with their tentative agreement. Now, the challenge is getting it finalized. But that's not the only wave we're…
CONTINUE READINGThe 119th Congress and Budget Reconciliation
When the 119th Congress began on Jan. 3, 2025, the big question was whether House Speaker Mike Johnson (R-LA) would have the votes to keep his post with the Republican majority at 219-215 per Rep. Matt Gaetz’s (R-FL) departure. Johnson could only lose one Republican vote to hold the necessary 218 for reelection but he prevailed with President-elect Trump corralling wayward…
CONTINUE READINGWhat You Need to Know About the 2025-26 Shipping Season
As we sail into the new year, it's time to batten down the hatches and prepare for some potential choppy waters. Here's the latest on the looming port strikes and a rundown of what you need to know about the 2025-26 shipping season. Port Strikes: A Storm on the Horizon? Remember the port strike in October? Well, we might be facing another one soon. The current contract…
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