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This summer what has been called the biggest change in LTL pricing since deregulation in 1980 will hit the US trucking market: The "reimagination" of the classification system used to help price less-than-truckload freight. The National Motor Freight Traffic Association (NMFTA) is proposing more than 90 changes to the National Motor Freight Classification or NMFC, dramatically increasing its reliance on density to determine a shipment's or product's classification. Shippers will need to more accurately measure the dimensions and weight of every pallet, which for some will mean big changes to the procedures they use to build pallets and move freight. The proposed changes are scheduled to be finalized by July, so the time to review LTL shipping practices and procedures to avoid costly reclassification is now.

Join us for this webcast that will look at the proposed NMFC changes and what shippers are doing to get ready for them.

Moderator: William Cassidy, Senior Editor, Trucking and Domestic Transportation, Journal of Commerce by S&P Global

Speaker(s):

Shawn Galloway, Vice President, Pricing, PITT OHIO

Darryl Gash, Logistics Manager, Dillard’s

Keith Peterson, Director of Operations, National Motor Freight Traffic Association

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It didn’t take long for President Donald Trump to live up to his campaign promises to impose tariffs on a wide range of imports from multiple countries. Less than two weeks into his second term, Trump’s administration slapped 25% tariffs on North American free trade partners Canada and Mexico, and another 10% on top of already steep tariffs in China. Canada and Mexico quickly retaliated, and soon thereafter the tariffs were put on hold pending negotiations. As the threat of an outright trade war percolates, questions about whether the initial threats were merely negotiating tactics have been answered quickly, but other questions remain.

Understanding the minutiae of importing and supply chains, including cargo valuations, classifications, and country of origins, will be increasingly important for breakbulk importers as the Trump administration imposes and rescinds tariffs. What can businesses do to navigate these challenges? How should importers approach sourcing in China in light of the new environment? Are shippers looking to front load cargo ahead of the April deadline?

Our panel of experts will discuss the pressures on the breakbulk and project cargo market from the tariff announcements.

Moderator: Susan Oatway, Senior Research Analyst-Breakbulk and Project Cargo, Journal of Commerce by S&P Global

Co-Moderator: Janet Nodar, Senior Editor, Breakbulk, Project, and Heavy-Lift Shipping, Journal of Commerce by S&P Global

Speaker(s):

Neha Dhindsa, Counsel, Venable

Eric Johnson, Senior Technology Editor, Journal of Commerce by S&P Global

Chris Rogers, Head of Supply Chain Research – Global Intelligence & Analytics, S&P Global

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President Donald Trump’s second act promises to bring with it another set of changes to the tariffs US importers face on their goods sourced abroad. Trump already has warned Mexico and Canada about increased tariffs, while China is certain to be in the crosshairs. Questions about whether these threats are merely negotiating tactics or intentional policy changes intended to bring about changes in trade patterns will persist into the spring, if not longer. Regardless of the direction the tariffs situation goes, importers need to plan for change now. Will the second Trump presidency make importing from Asia less desirable, force sourcing to nations beyond China, or drive a North American manufacturing renaissance? Will Mexico and Latin America reap the benefits of the new trade focus? This webcast will put recent events into context so that attendees walk away better informed about how to approach this potential sea change in trade policy.

Moderator:

Eric Johnson, Senior Editor-Technology, Journal of Commerce by S&P Global

Speaker(s):

Ashley Craig, Chair-International Trade Group, Venable

Pete Mento, Commercial Director-US Customs and Compliance, Air and Sea US, DSV

Amy Morgan, Vice President and Head of Trade Compliance, Altana

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The eastbound trans-Pacific rebounded in a big way last year, and although growth is expected to moderate in 2025, frontloading of spring merchandise ahead of tariffs threatened by President Donald Trump and an early Lunar New Year should keep cargo volumes and spot rates elevated into the first quarter. These threats, along with a possible second strike by the ILA in mid-January, were projected to keep import volumes elevated at least through January. According to a December forecast from the National Retail Federation, US imports will rise 12% year over year in January, fall 4.1% in February as factories in Asia close for Lunar New Year, and jump 12.7% in March, when factories return to full production. Carriers and their customers anticipate that the hostilities in the Red Sea that have steered shipping away from the Suez Canal to the much longer and costlier route around the southern tip of Africa for more than a year will continue for some time, and they have adjusted their supply chains accordingly. This webcast will analyze the impact these events will have on trans-Pacific shipping in the first quarter and beyond.

Moderator:

Mark Szakonyi, Executive Editor, Journal of Commerce by S&P Global

Speakers:

Jonathan Gold, Vice President-Supply Chain and Customs Policy, National Retail Federation

Jon Monroe, President, Jon Monroe Consulting

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Even as cargo momentum picks up, the global shipping environment is in flux. Regulatory changes, labor strikes, geopolitical tension and unexpected calamities have effects — sometimes in very short order — that affect everyone in breakbulk shipping. New US tariffs loom, but supply chains can’t be changed quickly, especially when shippers depend on specialized fabricators. Many breakbulk shippers already have moved sourcing and manufacturing out of China; will they be forced to configure their supply chains all over again? It’s the uncertainty that’s the killer, a project cargo shipper told the Journal of Commerce. “You have to adapt,” logisticians tell us. “You have to think two steps ahead all of the time.”

This webcast will provide an overview of the pressures complicating the breakbulk shipping market and delve into a discussion with cargo shippers and project forwarders deeply experienced in navigating this tumultuous market.

Moderators:

Janet Nodar, Senior Editor, Breakbulk, Project, and Heavy-Lift Shipping, Journal of Commerce by S&P Global

Susan Oatway, Senior Research Analyst-Breakbulk and Project Cargo, Journal of Commerce by S&P Global

Speaker(s):

John Hark, Director, Bertling Logistics and Adjunct Professor, Texas A&M at Galveston

Geanean Ordonez, Project Logistics Manager, Procurement, Technip Energies

Andrew Young, Corporate Logistics Manager, Bechtel

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