Name: Fortifying for the future
Uploaded: May 16, 2025, 11:19 AM EDT
Channel: JOC Team
Description: Julie Gascon became president and CEO of the Montreal Port Authority at a pivotal time as the Port of Montreal works to move cargo through disruption and makes progress on major expansion projects. Gascon shares her thoughts on strengthening the port’s capabilities and fortifying it against future challenges. TPM25, Long Beach, California Sponsored by the Montreal Port Authority

Julie Gascon became president and CEO of the Montreal Port Authority at a pivotal time as the Port of Montreal works to move cargo through disruption and makes progress on major expansion projects. Gascon shares her thoughts on strengthening the port’s capabilities and fortifying it against future challenges. TPM25, Long Beach, California Sponsored by the Montreal Port Authority

<div class="phx-topic abstract-wrapper"><p>The trans-Pacific air cargo sector is trying to assess the demand implications of the preliminary trade deal between Washington and Beijing, which included a reduction in the tariff on parcels from China. </p></div>

The trans-Pacific air cargo sector is trying to assess the demand implications of the preliminary trade deal between Washington and Beijing, which included a reduction in the tariff on parcels from China.

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Freighter exodus leaves trans-Pacific air cargo on edge after China-US trade deal

<div class="phx-topic abstract-wrapper"><p>The forwarder offered an unsettled outlook for the trans-Pacific in 2025 as shippers navigate the Trump administration’s 145% tariffs on goods made in China.  </p></div>

The forwarder offered an unsettled outlook for the trans-Pacific in 2025 as shippers navigate the Trump administration’s 145% tariffs on goods made in China.

US ocean freight from China fell ‘significantly’: Expeditors

<div class="phx-topic abstract-wrapper"><p>Interest in FTZs, where shippers can store goods while deferring the payment of duties, has increased dramatically since President Donald Trump implemented tariffs in April.</p></div>

Interest in FTZs, where shippers can store goods while deferring the payment of duties, has increased dramatically since President Donald Trump implemented tariffs in April.

US importers turning to foreign trade zones amid tariff hikes

<div class="phx-topic abstract-wrapper"><p>It is the second acquisition this week by a CMA CGM subsidiary following CEVA Logistics’ takeover of Turkish forwarder Borusan Tedarik, with both deals aimed at extending the carrier’s end-to-end supply chain control.</p></div>

It is the second acquisition this week by a CMA CGM subsidiary following CEVA Logistics’ takeover of Turkish forwarder Borusan Tedarik, with both deals aimed at extending the carrier’s end-to-end supply chain control.

CMA CGM expands air cargo fleet with Air Belgium takeover

<div class="phx-topic abstract-wrapper"><p>Chartered flights from China to the US have been canceled and air freight traffic has declined as Washington prepares to scrap the duty-free exemption for low-value goods shipped from China and Hong Kong.</p></div>

Chartered flights from China to the US have been canceled and air freight traffic has declined as Washington prepares to scrap the duty-free exemption for low-value goods shipped from China and Hong Kong.

Air cargo volumes fall on trans-Pacific as US de minimis changes loom

<div class="phx-topic abstract-wrapper"><p>MSC plans to provide all of the tonnage in a US Gulf service, with Zim slated to get a lower share of slot space as weaker demand forces service changes. </p></div>

MSC plans to provide all of the tonnage in a US Gulf service, with Zim slated to get a lower share of slot space as weaker demand forces service changes.

MSC, Zim plan to rework Asia-US Gulf network as demand drops

<div class="phx-topic abstract-wrapper"><p>The carriers want to raise prices by more than 50% in a bid to stem the slide in rates that began at the end of December and is showing no signs of slowing.</p></div>

The carriers want to raise prices by more than 50% in a bid to stem the slide in rates that began at the end of December and is showing no signs of slowing.

Ocean carriers line up hefty rate hikes on oversupplied Asia-Europe trade

<div class="phx-topic abstract-wrapper"><p>With less than half of CMA CGM’s fleet built in China, CFO Ramon Fernandez believes US services can be structured to avoid the incoming tonnage fees.</p></div>

With less than half of CMA CGM’s fleet built in China, CFO Ramon Fernandez believes US services can be structured to avoid the incoming tonnage fees.

CMA CGM fleet will not need to pay Chinese tonnage tax: CFO

<div class="phx-topic abstract-wrapper"><p>The Denmark-based carrier has been growing its multipurpose vessel fleet since entering the project cargo sector with the acquisition of Thorco Projects in 2023.</p></div>

The Denmark-based carrier has been growing its multipurpose vessel fleet since entering the project cargo sector with the acquisition of Thorco Projects in 2023.

Norden continues MPV expansion amid ‘strong projected demand’

<div class="phx-topic abstract-wrapper"><p>Caterpillar and Deere are counting the sizable costs of tariff-related expenses, even with the announced 90-day tariff pause between the US and China. </p></div>

Caterpillar and Deere are counting the sizable costs of tariff-related expenses, even with the announced 90-day tariff pause between the US and China.

High-and-heavy shippers sound alarm on rising tariff costs

<div class="phx-topic abstract-wrapper"><p>The purchase of Outgo, founded in 2022, is meant to help DAT gather more transactional data but also to make its freight marketplace more complete for carriers and brokers. </p></div>

The purchase of Outgo, founded in 2022, is meant to help DAT gather more transactional data but also to make its freight marketplace more complete for carriers and brokers.

DAT adds in-house factoring services with latest acquisition

<div class="phx-topic abstract-wrapper"><p>Industry backlash mitigated the costliest components of the US Trade Representative’s proposed fees, but surcharges from some carriers are still likely on the way, writes Executive Editor Mark Szakonyi.  </p></div>

Industry backlash mitigated the costliest components of the US Trade Representative’s proposed fees, but surcharges from some carriers are still likely on the way, writes Executive Editor Mark Szakonyi.

Revised China tonnage tax less disruptive, still costly

<div class="phx-topic abstract-wrapper"><p>Rates are climbing quickly amid fresh Chinese volumes headed to the US, with an expected crunch in vessel capacity and the potential for port congestion driving the gains.  </p></div>

Rates are climbing quickly amid fresh Chinese volumes headed to the US, with an expected crunch in vessel capacity and the potential for port congestion driving the gains. 

Eastbound trans-Pac spot rates in revival mode in wake of US-China trade deal

<div class="phx-topic abstract-wrapper"><p>The canal agency highlighted data that refutes Trump administration claims about unfair treatment at the waterway, while the International Chamber of Shipping said freedom of navigation is a global responsibility. </p></div>

The canal agency highlighted data that refutes Trump administration claims about unfair treatment at the waterway, while the International Chamber of Shipping said freedom of navigation is a global responsibility.

Panama Canal Authority hits back at FMC ‘chokepoint’ probe as unwarranted

<div class="phx-topic abstract-wrapper"><p>Intermodal providers might see a small bullwhip effect, in which international volume declines in May and June but rebounds in July and August as shipments delayed due to now-paused tariffs on Chinese goods begin arriving in Southern California.</p></div>

Intermodal providers might see a small bullwhip effect, in which international volume declines in May and June but rebounds in July and August as shipments delayed due to now-paused tariffs on Chinese goods begin arriving in Southern California.

BNSF, UP prepping for July cargo rebound after tariff-induced lull

<div class="phx-topic abstract-wrapper"><p>The <i>Journal of Commerce</i> Truckload Capacity Index hit its lowest point since 2014 in the first quarter, but April saw a net gain of 558 active carriers, US data shows.</p></div>

The Journal of Commerce Truckload Capacity Index hit its lowest point since 2014 in the first quarter, but April saw a net gain of 558 active carriers, US data shows.

Large truckload carriers make capacity cuts, but trucks reenter the market

<div class="phx-topic abstract-wrapper"><p>Technology providers are rolling out artificial intelligence tools to help augment transportation teams and service providers with limited resources. </p></div>

Technology providers are rolling out artificial intelligence tools to help augment transportation teams and service providers with limited resources.

AI continues its advance across truckload fleets, drayage

<div class="phx-topic abstract-wrapper"><p>A request for industry comment on trucking regulations that could be modified or ended generated 896 responses in one month, with electronic logging devices and hours of service rules at the top of the list.</p></div>

A request for industry comment on trucking regulations that could be modified or ended generated 896 responses in one month, with electronic logging devices and hours of service rules at the top of the list.

Truckers send Trump administration long list of rules to rewrite or kill

<div class="phx-topic abstract-wrapper"><p>Julie Gascon, president and CEO of the Montreal Port Authority, shares her thoughts on strengthening the Port of Montreal's capabilities and fortifying it against future challenges.</p></div>

Julie Gascon, president and CEO of the Montreal Port Authority, shares her thoughts on strengthening the Port of Montreal's capabilities and fortifying it against future challenges.

<div class="phx-topic"><p>Julie Gascon became president and CEO of the Montreal Port Authority at a pivotal time as the Port of Montreal works to move cargo through disruption and makes progress on major expansion projects. Gascon shares her thoughts on strengthening the port’s capabilities and fortifying it against future challenges.</p><p><i>TPM25, Long Beach, California</i></p><p><b>Sponsored by the Montreal Port Authority</b></p><div class="wrapper-narrow"><dynamic-object type="brightcove" resource-id="6372906508112"></dynamic-object></div></div>

Fortifying for the future

<div class="phx-topic abstract-wrapper"><p>Irene Tung, head of Yusen Logistics’ supply chain solutions group, expands on its customers’ growing need for solutions in logistics and sustainability.</p></div>

Irene Tung, head of Yusen Logistics’ supply chain solutions group, expands on its customers’ growing need for solutions in logistics and sustainability.

<div class="phx-topic"><p>Seeing a need in the market, Yusen Logistics created a fourth business pillar with the launch of its supply chain solutions group in 2020. Irene Tung, head of Yusen Logistics’ supply chain solutions group, expands on its customers’ growing need for solutions in logistics and sustainability.</p><p><i>TPM25, Long Beach, California</i></p><p><b>Sponsored by Yusen Logistics</b></p><div class="wrapper-narrow"><dynamic-object type="brightcove" resource-id="6372904159112"></dynamic-object></div></div>

Seeing a need in the market, Yusen Logistics created a fourth business pillar with the launch of its supply chain solutions group in 2020. Irene Tung, head of Yusen Logistics’ supply chain solutions group, expands on its customers’ growing need for solutions in logistics and sustainability. TPM25, Long Beach, California Sponsored by Yusen Logistics

Creating added value

<div class="phx-topic abstract-wrapper"><p>Mark Szakonyi, Executive Editor, Journal of Commerce by S&amp;P Global, discusses navigating current capacity challenges.</p></div>

Mark Szakonyi, Executive Editor, Journal of Commerce by S&P Global, discusses navigating current capacity challenges.

<div class="phx-topic"><p>As slower volume growth persists, the shipping industry faces a significant influx of deliveries in 2025 due to previously stalled orders, leading to increased global congestion that absorbs functional capacity. While carriers are improving their ability to adjust capacity through measures like idling ships and blanking sailings.</p><p></p><div class="wrapper-narrow"><dynamic-object type="brightcove" resource-id="6372796700112"></dynamic-object></div></div>

As slower volume growth persists, the shipping industry faces a significant influx of deliveries in 2025 due to previously stalled orders, leading to increased global congestion that absorbs functional capacity. While carriers are improving their ability to adjust capacity through measures like idling ships and blanking sailings.

Rethinking container shipping overcapacity

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