As we begin our journey into February 2025, so many unknowns loom before us. At the top of everyone’s mind is the Trump tariffs. We’ve been hearing many threats of tariffs but so far no firm answers. As for the current state of freight, here’s what you can expect as your goods arrive in the US this month.
Asia Ocean ports
The Asian ports are currently closed for the Lunar New Year holiday in China and Hong Kong. They open again in the second week of February. Aside from the after-CNY rush to get goods on the water, export volumes are expected to wind down as US companies plan for their Q1 production runs. Pricing is expected to be at its lowest at this time so if you can ship your goods now, do it!
US Ocean Ports
East, West, and Gulf Coast ports are in full swing with little to no delays as cargo vessels arrive and depart. With the threat of tariffs on the horizon, importers shipped earlier than expected prior to the Chinese New Year. With a lower volume of imports than in previous years, ports are easily handling the flow of goods keeping the supply chain moving along.
Canadian Ocean Ports
The west coast Canadian ports of Prince Rupert and Vancouver are currently experiencing congestion. Berthing wait times at those ports are running 1 to 2 weeks behind. Expect some delays if your goods are traveling through these ports.
US Trains
GPI is experiencing some delays at the West Coast rails, particularly at LGB/LAX. Once released from the ocean ports, containers may be waiting in a train queue for 1 to 2 weeks before they are on the move again. This is likely due to berths closing for upgrades and new crane deliveries. East Coast rails are running smoothly.
Enjoy this calm before the storm. Tariff announcements are expected at the beginning of February so I’m sure they’ll be much to talk about in our next State of Freight!