| | | | | | Industry News Customs Brokerage News
| | | | | | | | | | Long Beach ITS terminal upgrade to boost capacity by 50% | | | | | | | | | | U.S. Transportation Secretary Sean P. Duffy Unveils Pro-Trucker Package as Part of President Trump's Executive Order | | On June 27, 2025, U.S. Transportation Secretary Sean P. Duffy announced a new package of initiatives to support truck drivers as part of President Trump’s executive order focused on reducing burdens in the industry. The announcement includes over $275 million in funding to expand truck parking nationwide, including nearly 1,000 new spaces in Florida. Trucking organizations praised the move as a step toward improving safety, efficiency, and working conditions across the country. Key actions in the package include: - Truck Parking Expansion:Over $275 million in funding to add truck parking nationwide, including $180 million for Florida to build 917 new spaces along the I-4 corridor.
- Withdrawal of Speed Limiter Mandate: The proposed federal rule requiring speed limiters on heavy-duty trucks has been withdrawn to allow drivers to safely match traffic flow.
- Modernization of Driver Tools: Updates to the FMCSA’s online systems, including a revamped Consumer Complaint database and a more transparent DataQ system.
- Regulatory Streamlining: Elimination of 1,800 words from federal trucking regulations to cut unnecessary red tape and reduce time and cost burdens on drivers.
- Crackdown on Double Brokering: Renewed enforcement against unlawful double brokering practices that harm drivers and undermine trust in the freight system.
| | | | | | | | Canada’s Support for Businesses Affected by U.S. Tariffs | | To support Canadian businesses impacted by U.S. tariffs, the Government of Canada has introduced three key measures: - Targeted Relief for Automakers: Automakers that maintain production and investment in Canada can import a limited number of U.S.-assembled, CUSMA-compliant vehicles without facing countermeasure tariffs.
- Temporary Tariff Relief for Key Goods: A six-month tariff exemption applies to select U.S. goods used in Canadian manufacturing, food packaging, and public health and safety sectors, giving businesses time to adjust supply chains.
- Large Enterprise Tariff Loan Facility (LETL): This loan program offers financial support to eligible large businesses affected by tariffs that are struggling to access traditional financing, helping them sustain operations and protect Canadian jobs.
| | | | | | | | U.S. Cargo Theft Crisis: $35 Billion Impact and Industry Response | | Cargo theft in the U.S. has surged to record levels, with over 65,000 incidents reported in 2024 and annual losses surpassing $35 billion. The federal government and private sector have responded with direct measures to address the crisis and limit further economic damage: -
Government Response: Lawmakers introduced legislation to strengthen cargo theft enforcement. Proposals include establishing a federal cargo crime coordination center, requiring biometric verification for carrier registration, elevating high-value cargo theft to a federal felony, and funding dedicated prosecutors. Two bipartisan bills have already advanced to support fraud enforcement and improve data sharing between agencies. -
Insurance Industry Shifts: Insurers increased premiums by up to 18% on high-risk routes and doubled deductibles for electronics shipments. New policies now include coverage for double brokering and fraud—but only for fleets using verified security technologies such as GPS tracking and tamper-alert locks. Brokers without the proper safeguards face rising costs and tighter underwriting standards. -
Private Sector Measures: Carriers and shippers implemented new security tools to reduce risk. Companies use blockchain for custody records, deploy drones and cameras for monitoring, and install IoT sensors to track cargo in real time. These actions help detect theft early, protect freight, and reduce delays across the supply chain. These combined efforts reflect growing pressure across the supply chain to respond to the rising threat of cargo theft, which continues to disrupt operations, increase costs, and strain logistics networks nationwide. To read the full report, visit: https://tanktransport.com/2025/07/us-cargo-theft-crisis-2025/ | | | | | | | | Hamburg Invests €1.1 Billion to Expand and Modernize Port Infrastructure at Waltershofer Hafen | | The Port of Hamburg is undergoing a large-scale expansion and modernisation of its container terminal operations at Waltershofer Hafen to strengthen its position in global shipping and support future growth. With €1.1 billion in public infrastructure investment and €700 million from EUROGATE, the project includes: - Enhanced Navigation and Capacity: The turning basin will expand from 480 to 600 meters, improving access to the Container Terminals Buchardkai (CTB) and Hamburg (CTH), and allowing for more efficient handling of the world’s largest container ships.
- Automation and Electrification: New terminal space will support a shift toward automated, electric cargo handling systems. EUROGATE will update equipment, IT systems, and container transport using autonomous electric vehicles to help achieve climate neutrality by 2040.
- Fully Integrated and Legally Cleared Expansion: The project includes newly developed terminal areas that remain publicly owned and will be connected to road and rail networks. Legal challenges have been resolved, and construction is set to move forward, with completion expected by the mid-2030s, pending EU funding approvals. This development will secure Hamburg’s long-term competitiveness and modernise one of its most vital logistics hubs.
To read the full announcement, visit Port of Hamburg | | | | | | | | | | | | President Donald J. Trump Continues Enforcement of Reciprocal Tariffs and Announces New Tariff Rates | | On July 7, 2025 President Donald Trump signed an Executive order extending tariff rates originally set to expire July 9 to extend to August 1, 2025. In the following days, the White House issued formal letters to multiple countries notifying them of updated reciprocal tariff rates effective August 1. These rates may be higher or lower than those originally announced on April 2. Newly listed countries include: - Vietnam (46%) – Deal announced July 2, pending finalization
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United Kingdom (10%) – Deal signed June 17, applies broadly -
European Union (30%) – Letter sent July 12 -
Mexico (30%) – Letter sent July 12 -
Canada (35%) – Letter sent July 10 -
Algeria (30%) – Letters sent July 9 Brazil (50%) – Letters sent July 9 Brunei (25%) – Letters sent July 9 Iraq (30%) – Letters sent July 9 Libya (30%) – Letters sent July 9 Moldova (25%) – Letters sent July 9 Philippines (20%) – Letters sent July 9 Sri Lanka (30%) – Letters sent July 9 - Bangladesh (35%) – Letters sent July 7
- Bosnia and Herzegovina (30%) – Letters sent July 7
- Cambodia (36%) – Letters sent July 7
- Indonesia (32%)– Letters sent July 7
- Japan (25%)– Letters sent July 7
- Kazakhstan (25%)– Letters sent July 7
- Laos (40%)– Letters sent July 7
- Malaysia (25%)– Letters sent July 7
- Myanmar (40%)– Letters sent July 7
- Serbia (35%)– Letters sent July 7
- South Africa (30%)– Letters sent July 7
- South Korea (25%)– Letters sent July 7
- Thailand (36%)– Letters sent July 7
- Tunisia (25%)– Letters sent July 7
To view the full fact sheet, visit Whitehouse.gov | | | | | | | | | | | | | | Our mailing address is: One Pierce Place, Suite 460 E, Itasca, IL 60143
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