MARKET UPDATE

March | 2026

Read our monthly digest and stay updated with the latest global air cargo, ocean freight, and ground transportation developments. Get insights and logistics market data from all regions.

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AIR FREIGHT

International cargo volumes expanded 11.6% YoY. Africa led with 21.1% growth, followed by the Middle East at 16.6% and Asia Pacific at 12.5%. Major corridors sustained broad-based expansion…

OCEAN FREIGHT

The U.S. Federal Maritime Commission (FMC) denied requests from several major ocean carriers to waive the required 30-day notice period for war-related surcharges tied to the Middle East conflict. As a result…

GROUND FREIGHT

Diesel continues upward trend as Iran conflict prompts more constraints…Disruption in the key shipping corridor for crude oil could have ripple effects on energy prices, experts say…

COURT OF INTERNATIONAL TRADE UPDATE

IEEPA DUTIES

U.S Customs and Border Protection (CBP) has provided the Court of International Trade with an updated status report on its implementation of the court-ordered removal and refund of duties imposed under the International Emergency Economic Powers Act (IEEPA).

This update provides additional detail on the readiness of CBP’s claim portal, clarifies how entries will be processed based on liquidation status, and explains which entry types are excluded from initial processing and when they are expected to be addressed.

All IEEPA duties are ultimately required to be removed. However, CBP will process refunds in stages through CAPE.

Read the Full Trade Advisory

Need support navigating this development?

Our trade and customs specialists are actively monitoring CBP guidance and can assist with entry reviews, refund readiness, and coordination with brokers as implementation unfolds.

Reach out to our Tariff Response Unit today

Crane Worldwide Logistics launches in Spain, with operations live in Madrid and Barcelona.

We are expanding our European footprint to support customers with a full range of supply chain solutions.

Speak with our local experts to learn more.

Crane Worldwide Logistics | 1500 Rankin Road Houston, TX77073

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March Market Update: What’s Shaping Logistics

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