04 Oct 2025 admin Industry Updates October 4, 2025 admin The Trade: New U.S. tariffs on lumber, furniture Critics warn of higher costs for builders and consumers. Contact Us To view this email as a web page, click here Trump slaps tariffs on imported lumber, timber and furniture Critics voice concerns that the new duties will inflate costs for American consumers and builders, harm relations with trading partners. Asia-West Coast container rates plummet; trade demand seen waning Prices on trans-Pacific reach two-year lows as weak demand expected to continue through end of year Government shutdown not affecting border trade flows yet Cargo inspections will continue at ports and international bridges after Congress failed to reach funding deal Flexport unveils tech-driven duty drawback strategy for bigger refunds For companies with significant import/export volumes, drawbacks can mean millions of dollars in refunds China could bar U.S.-service ships in new maritime dispute volley China sets new port fees in retaliation for charges on Chinese shipping set to take effect in October FROM OUR LIBRARY WHITE PAPER How Will AI Impact the Future of Freight Brokerage? In Partnership with CloneOps WHITE PAPER State of the Industry – May 2025 In Partnership with Ryder FROM OUR PARTNERS WHITE PAPER White Paper: State of the Industry – June 2025 Courtesy of Ryder WHITE PAPER Case Study: How Evans Distribution Systems increased operational efficiency & customer satisfaction Courtesy of Trimble WHITE PAPER White Paper: Visibility-Driven Fraud Prevention Playbook Courtesy of Descartes STAY CONNECTED Forward this to a friend To stop receiving this newsletter, click here To manage all your subscriptions, click here Firecrown Media Inc. | 405 Cherry Street, Chattanooga, TN, 37402, US
