Across International Shipping: News and Developments
Many shippers are starting to prepare for the upcoming supply chain challenges in 2025. These upcoming disruptions are pushing shippers to reevaluate their processes, be flexible, or find additional solutions to avoid delays as much as possible.
Tariffs:
President Trump has expressed he will be adding a 25% tariff on all imports from Canada and Mexico.
Labor Strike: We are approaching the contract deadline between the United States Maritime Alliance (USMX) and the International Longshoremen’s Association (ILA) on January 15, 2025. A possible strike might cause supply chain disruptions by rerouting cargo to West Coast terminals and interfering with operations at East and Gulf Coast ports. It is important to have backup plans and keep your logistical planning flexible. Read more here.
Chinese New Year: Chinese New Year starts January 29th, 2025. Due to factory shutdowns throughout Asia over the 15-day vacation period, shippers frequently expedite orders in the weeks preceding the holiday, resulting in a spike in cargo volumes. When scheduling shipments in early 2025, shippers should account for extra lead times and possible delays.
We know our Market Updates typically are here to keep readers like you informed on what is going on in our industry, but our team wants to emphasize that if you have any questions or concerns on how these upcoming events in our industry could impact your shipping, please reach out to us right away. We will make it easy, contact Justin Engelmeier directly at: justinengelmeier@interlogusa.us