March 20, 2025
International Freight Forwarding - March 2025
Import tariffs into the United States and retaliatory tariffs from impacted countries have all made headlines this month. The international trade landscape will be impacted and global business must act with agility to uncover cost savings to avoid cash flow and long term impacts. Our trade advisory experts are keeping our newsfeed up to date which can be accessed via our trade advisory updates with all the latest information.
Crane Worldwide has warehouse space available on both the East and West Coast to provide additional storage and value-added services at this time. Check out our state-of-the-art warehouse in Southern California and Savannah, Georgia as examples. With our own domestic distribution capability, we can provide a complete distribution service throughout the United States.
If you are interested in learning more about our trade advisory consulting services, including tariff engineering, duty drawback and supply chain analysis, please don't hesitate to contact your local Crane Worldwide Logistics representative or reach out via our online form.
International Air Freight News
- The global market expansion faced headwinds from reduced activity in Africa and the Middle East during January 2025, following their exceptional performance in 2024, as African carriers grew at 15.9% and Middle Eastern ones at 26.2%, likely influenced by the Red Sea situation.
- Global air cargo demand remained positive although at single digit rates, with most key trade routes recording gains. However, Africa-Asia, along with Middle Eastern pathways to Asia and Europe saw respective declines of 26.1%, 7.3%, and 3%.
Download Air Freight Update
International Ocean Freight News
- Ocean carriers on the eastbound trans-Pacific trade are revising their rate expectations for 2025–26 service contracts due to concerns about the U.S. economy and declining spot market rates.
- Hopes for the resumption of Suez Canal transits by container lines have dimmed following escalating conflict between the US and Yemen’s Houthi rebels.
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U.S. Domestic Ground Freight News
- Cargo theft reaching record levels, prompting calls for congressional action. Carriers and shippers urged congress to combat the issue by stepping up enforcement and creating a task force.
- Trucking, railroad, and shipper representatives raised the alarm about the rise of cargo theft affecting U.S. supply chains during a congressional hearing last week.
Download Ground Freight Update
Tariff Timeline
President Trump’s Actions on Tariffs
- January 30, 2025 - President Trump announces tariff increases to go into effect on Mexico and Canada
- February 1 - Executive Order set out increased tariffs on Mexico and Canada at 25% with effective date as Feb 4th
- February 4 - Tariff increases delayed for 30 days, but China is assessed a 10% tariff increase, and de minimis imports at $800 or less remain duty free
- March 4 - Tariff increases at 25% go into effect for Mexico and Canada and 10% tariff increase: 10% increase on Canadian energy resources
- March 4 - USMCA is still available for qualifying products until April 4, please note – 50% of products from Mexico and 38% of products from Canada qualify for USMCA
- March 12 - All steel and aluminum will be subject to an additional 25% rate of duty (Section 232)
- April 4 - USMCA is set to become ineffective against steel and aluminum and steel and aluminum derivatives set for tariff increase at 25%)
Retaliatory Tariffs Responses
- March 13 – Canada imposes 25% tariff on US goods, including steel, aluminum, and various consumer products
- March 10 – China announced tariffs on US agricultural imports, including chicken, wheat, corn, and cotton
- April 1 - European Union to announce its first phase of retaliatory tariffs
- April 2 – India is set to announce tariff increases on US goods, including agricultural products
This is a snapshot from our latest trade advisory notice, bookmark the page to keep up to date.
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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