Tag: economy
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What the New U.S.-China Tariff Truce Means for North American Logistics
Just days ago, a significant shift unfolded on the global trade stage. After months of tension and escalating tariffs, the U.S. and China announced a 90-day tariff truce; marking a notable step toward economic normalization between two of the world’s largest economies. The implications for our logistics and trucking sectors in North America are profound…
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Navigating the Ripple Effects: How Recent Tariffs Are Reshaping the Trucking Industry
by Bhavya Vashisht The trucking industry is currently navigating turbulent waters, not solely due to fluctuating freight rates, but because of profound shifts instigated by recent tariff implementations. The U.S. administration’s decision to impose a 25% tariff on imports from Canada and Mexico, alongside a 10% tariff on Chinese goods, has set off a chain…
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Fixing Supply Chains – Before they break again !
Imagine walking into your favorite store, only to find the shelves completely bare. No essential items, no everyday products – just emptiness. Now, was this COVID-19 ? Not necessarily. History has shown us that supply chain disruptions are nothing new. Take, for instance, the great toilet paper shortage of 1973. It wasn’t caused by a…
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Navigating the Impact of Escalating Tariffs on the Cross-Border Trucking Industry
The recent escalation in trade tensions, marked by President Donald Trump’s announcement of a 50% tariff on Canadian steel and aluminum imports , has significant implications for the cross-border trucking industry. This move, a response to Ontario’s 25% surcharge on electricity exports to the U.S., exacerbates existing challenges in a sector already grappling with economic…
Truck & Trade Trends 