April 23, 2025

Global Freight Forwarding - April 2025

April saw a significant shift in global trade dynamics, with the U.S. administration introducing broad tariffs that continue to impact international markets. The Trump Administration announced a universal 10% tariff on all imports, alongside higher “reciprocal” tariffs targeting over 60 countries, including a 145% rate on Chinese goods. These measures have prompted swift retaliatory actions, with China escalating its tariffs on U.S. imports to 125%, while other nations reassess their trade strategies in response to the ever-changing landscape.  

Crane Worldwide Logistics remains committed to providing timely updates through our updated trade advisory newsfeed and strategic solutions to help you navigate these evolving trade conditions. For a more detailed discussion on your options, contact your local Crane Worldwide Logistics representative or reach out via our online form.  

International Air Freight News

• Majority of international air cargo continues to be shipped in passenger flight belly space. February: Passenger belly capacity accounted for 56.0% of total international air cargo capacity. 
• Air cargo yield has dropped for the third consecutive month, making air cargo more competitive against maritime shipping in terms of pricing. 

Download Air Freight Update

International Ocean Freight News

• Supply chain executives warn of ripple effects of tariffs, such as equipment shortage and regional capacity constraints across Asian markets. 
• Ocean carriers are dramatically increasing blank sailing on the Asia-Europe and Trans-Pacific routes. While some carriers are already cancelling May sailings due to a sharp drop in bookings.  

Download Ocean Freight Update

U.S. Domestic Ground Freight News

• Emissions rules rollback by the Trump administration has Truckload haulers optimistic about the industry in the US. 
• Truckload capacity has been slowly exiting the spot market, likely due to the lack of demand and carriers shifting operations towards contract/dedicated service. 

Download Ground Freight Update

Foreign Trade Zones

What is a Foreign Trade Zone (FTZ)? Usually located within or near a port, an FTZ is a secure, designated location outside of Customs territory for the purpose of duty payment. It is a powerful method for importers to reduce costs, improve cash flow, and streamline operations. An FTZ allows for the deferment, reduction, and in some cases, elimination of customs duties on imported goods, providing a competitive advantage to businesses operating within one. 

FTZs offer added flexibility as goods can be stored, assembled, or manufactured within the zone without instantly triggering duty payment. 

Crane Worldwide can help you explore the benefits of integrating an FTZ into your supply chain. We offer strategic warehousing across various key locations in the United States as well as three FTZs in Houston, Dallas, and Laredo. 

Our trade advisory team provides expert guidance from activation to compliance, ensuring your operations are optimized and secure.

Contact us today and learn how adding an FTZ can elevate your supply chain.

This is a snapshot from our latest trade advisory notice, bookmark the page to keep up to date.

Warehouse Spotlight: Newark, NJ

Did you know that Crane Worldwide Logistics in Newark has 134,000 sq.ft of warehouse space with 36 ft high clearance, 20 dock doors and 26 trailer spaces? Ideally located just 37 miles away from Port Elizabeth/Newark and 33 miles away from Newark Liberty International airport, our experts in Newark are ready to fully suport your warehousing needs.

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 Newark Warehouse, get in touch.

Did you know? We regularly publish market updates and real time alerts via our Industry Insight newsletter on Linkedin. Sign up to receive regular updates!