Competitive Edge
March 12th, 2025
Stay Current with InterlogUSA
Market Update
Tariffs:
— The Canada/Mexico tariffs that went into effect March 6th have since been paused until April 2nd, under President Trump’s executive order. This applies to imports covered by the U.S.–Mexico–Canada Agreement, which accounts for approximately 50% of goods from Mexico and 38% from Canada, according to NBC News.
— Steel/Aluminum: New tariffs on steel and aluminum have gone into effect as of today, March 12th at 12:01am EST.
Air freight:
— IATA reports that air cargo demand was up 3.2% in January year-over-year, marking a positive sign of growth for the sector. But, the outlook is a bit gloomy as tariff concerns weigh on the minds of stakeholders on what demand will look like throughout the year.
— Like other major U.S. ports, the Port of NY/NJ is experiencing strong growth at the start of 2025. According to the Port Authority’s press release, the port handled 720,747 TEUs in January 2025, making it the third-busiest January on record. This represents an 8% year-over-year increase and a 5% rise from December 2024.
Freight News: CMA CGM Invests $20B to Expand U.S. Logistics Presence
Last Thursday, ocean carrier CMA CGM announced their commitment to invest $20 billion throughout the next four years towards improving their transportation and logistics partnerships with the U.S.
In their news release, CMA CGM say their commitment will create U.S. shipbuilding capabilities, expand port infrastructure, expand air cargo services, and bolster logistics, warehouses.
Their investment plan includes acquiring five new Boeing 777 freighters for a new hub in Chicago, expanding digitization, enhanced connectivity, and improving safety for workers and cargo at key U.S. ports through infrastructure projects. Additionally, they plan to open cutting-edge warehousing to ensure the domestic supply chain remains protected and dependable.
Did You Know? With Johnny Cargo!
Answer: D – California
California leads the U.S. in cabbage production, thanks to its ideal climate and strong agricultural infrastructure. The United States as a whole is also a major player in global cabbage production, consistently ranking among the top countries.
In 2022, California produced 7.1 million pounds of cabbage, according to the latest data from World Population Review. With St. Patrick’s Day approaching, cabbage takes center stage in traditional Irish dishes, often paired with corned beef or pork bacon.
InterlogUSA’s chat bot Johnny Cargo sure is an inquisitive soul. However, he doesn’t just ask about industry-related trivia. Johnny also loves to ask supply chain professionals about their shipping arrangements and which areas can benefit from InterlogUSA’s assistance as an end-to-end freight forwarder.
He works around the clock and is always available for conversation.
Demurrage vs. Detention vs. Per Diem
Confused about demurrage, detention, and per diem fees? You’re not alone.. but the differences do matter.
If you would like to have a conversation about this further, contact us via email at: support@interlogusa.com or reply off this email and we’d be happy to talk further!
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