January 16, 2025
International Freight Forwarding News
2025 began with a potential port strike on the U.S. East and Gulf coast being avoided, an upcoming President inauguration and at the end of January, the beginning of the Lunar New Year. Whilst change is inevitable, navigating the global landscape of international trade can be challenging. Our goal at Crane Worldwide Logistics is to provide you with the latest market information and international trade advisory to help your decision-making in the short and long term, reach out to a member of the team should you need guidance in 2025 and beyond.
Key market updates this month:
- The East and Gulf coast port strike was called off earlier this month as a tentative deal between the USMX and the International Longshoremen Association was agreed upon.
- With the new administration coming into the United States, would you like to learn more about the potential tariffs increases? Download our tariff overview here.
- As customs duties become a hot topic of conversation, have you explored the potential of Duty Drawback on your merchandise? Learn more about Duty Drawback in our process overview.
- The Lunar New Year 2025 will see factories closed during the festive period and will commence on 29th January 2025. Delays can be expected.
International Air Freight News
- The air cargo market in 2025 is set for a dynamic year, driven by steady growth in e-commerce, supported by seasonal and cross-border shopping trends. Stabilized fuel prices and economic recovery, including industrial production growth and trade expansion.
Download Air Freight Update
International Ocean Freight News
- In 2024, shipping containers continued to be the driving force behind the global economy, facilitating efficient and cost-effective transportation of goods across the world. The container industry reached impressive scale, with a global fleet surpassing 27 million TEUs (twenty-foot equivalent units), reflecting a growing demand for international trade.
Download Ocean Freight Update
U.S. Domestic Ground Freight News
- Carrier exits outweigh gains in Q4… December proved particularly difficult for firms to stay in the market, according to FMCSA data.
Download Ground Freight Update
Warehouse Spotlight: Savannah, GA
Did you know that Crane Worldwide Logistics in Savannah has 250,000 sq.ft of warehouse space and over 150 trailer spaces in its lay down yard? As an important port of call on the East Coast of the United States, our logistics experts can fully support your warehousing requirements in Savannah.
Crane Worldwide has its own domestic trucking service throughout the United States. Our distribution capabilities can expand your reach with integrated logistics services. For more information on our Savannah Warehouse, get in touch.
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