President Trump Unveils Sweeping Tariff Policy
In a major shift for U.S. trade policy, President Trump introduced on April 2 a broad new tariff strategy aimed at protecting American industries and reshaping global sourcing patterns. The…
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Asia and freight market update; March 2025
The global freight market continues to evolve in response to economic pressures, regulatory shifts, and geopolitical uncertainties. While overall demand remains steady, capacity imbalances and cost fluctuations are shaping rate…
US trucking market sees tentative signs of recovery
After more than two years in the doldrums, the US trucking sector may finally be turning a corner, with recent data revealing some growth optimism. The American Trucking Associations’ (ATA)…
Alliance vessel realignments and strikes disrupt European ports
European ports are struggling widespread delays and operational bottlenecks, as new vessel deployments, industrial action, adverse weather, and overflowing container yards create a perfect congestion storm. Ports across Northern Europe…
Global Forwarding Rebrand
We are pleased to announce that, effective from 1st April 2025, Global Forwarding Limited will rebrand as Hecny Forwarding Limited. This change reflects our ongoing efforts to align more closely…
Imminent de minimis changes unlikely
Frequent changes in US trade policies are creating challenges for shippers, with no immediate solution in sight for handling imports under the de minimis exemption. The US administration initially excluded…
New rules for GB-NI parcel movements
Parcel deliveries are vital for businesses across all sectors, from retail and manufacturing to pharmaceuticals. As new customs processes come into effect for goods moving from Great Britain to Northern…
Air freight rates ex Hong Kong hold steady despite pressures
Airfreight rates from Hong Kong maintained their strength in February, remaining above last year’s figures despite market uncertainty stemming from trade policies and seasonal trends. Data from the Baltic Exchange…
Businesses adapt as tariff exemptions ease impact
Companies across manufacturing, retail, and food industries are adjusting to shifting trade policies, as the US government partially rolls back tariffs on imports from Canada and Mexico. President Trump signed…
Trump’s latest tariffs directly impact Ireland
US President Donald Trump has announced a new phase in his protectionist trade policies, introducing a 25% tariff on all imports of cars, pharmaceuticals, and semiconductors. The move aligns with…
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Asia and freight market update; June 2024
The OECD, WTO and IMF are predicting that global trade growth could more than double…