Abhinav Parmar and Lisa Baertlein
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This meant a short moment in the sun for the US shipping industry after the cycle down, which now lasted almost three years, the longest and deepest of the global financial crisis. Weak demand and excess of trucks on the road were to blame for low rates.
On Tuesday, 25% of tariffs took imports of Mexico and Canada, although some car manufacturer received monthly retribution.
In the last two weeks, spot rates have been hit from us to Canada for dry vans and chilled trucks and containers with a two -year maximum, with 18% and 35% since the November elections.
Volumes for dry supplies on the Toronto route on Chicago increased 57% week-week before tariffs.
“There is clear evidence that the carriers north of the border were desperate to get to the US before midnight on Monday this week,” said Dean Core, the main data analyst.
Once the new obligations are imposed, the rates are likely to reverse, Core added. “The uncertainty in the manufacturing sector due to tariffs will most likely be even more in demand, and therefore in this process will reduce the volumes of trucks.”
In the southern city of Laredo, Texas, the volume of the load moved by 12%last week, suggesting that companies have made the last effort to get to the US at eleven o'clock.
The cooled goods market has seen that volumes are growing by 35%every week, which is due to the increase in the production of the transition to the McALlen Freight market in Phar Texas.
The monthly month increased volumes and rates for dry supplies moving from Mexico by 1.5% and 3.5%, less jump compared to the Canadian border.
“The Mexican Suchý era seemed not to respond in the same way, with the exception of production carriers,” Core said.
However, experts expect the current volatility to disappear and the volumes will drop rapidly as soon as tariffs are stored.
“It is possible that many carriers will be cautious about new orders for the first few days after tariffs are implemented if tariffs are temporary,” said CH Global President Robinson, Mike Short.
Companies and delivery and delivery companies such as JB Hunt and United Parcel Service are some of the American companies exposed to a decline in tariff income that will affect almost every traffic company in the country.
(Reporting Abhinava Parmar in Bengalur and Lisa Baertlein in Los Angeles;
