Our Week 12 Top Logistics Stories

It’s week 12 and here are three stories you should be updating your customers and prospects on this week. They need your expertise!

Shippers may not be aware of what’s occurring or its importance, so offering your assistance and insights will help you build a stronger relationship with them.

Knowing what’s going on in the market is only half the battle. Your customers need to be told what to do about it and they should hear that from you.

1.      Tariffs are still the big story. While there’s not much new to report from last week, the next 7 days could be big. April 2nd is when President Trump said a round of reciprocal tariffs would go into effect in addition to more industry-specific duties. And many more countries than just China, Mexico, and Canada are targeted.

2.      It’s not a tariff story specifically. However, the announced port fees for Chinese-built ships are related. This, along with the recent news of a US company buying two ports near the Panama Canal, has China and many US trade partners on edge. These actions are bringing further uncertainty to global shipping markets.

3.      In the US trucking markets, things are mixed. According to reports, YoY figures are down over 5% but up over 10% from January to February. Trucking companies are desperate for a recovery of volumes and more pricing power. For now, however, it will likely remain a buyer’s market for shippers.

Of course, these stories are just a small part of what’s going on in the supply chain space right now. Updating your clients on how this and other information is relevant to their business is a way to provide more value and strengthen your relationships.

If you need help creating more complete and customized updates for emails, blogs, and social media, we can help. Visit www.shippingbrief.com to learn more.