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The OCEANAIR Current

NOVEMBER 2024

The Monthly Horizon

Monthly Recap

Ocean imports are facing delays due to the October ILA strike, with congestion on both coasts and capacity issues worldwide. Freight demand remains high, particularly on Asia-U.S. air routes. In the U.S., customs brokers must complete 20 continuing education credits by 2027, while CBP has required ACAS filings with detailed invoices since November 12. Looking ahead, LTL carriers are increasing rates for 2025, and the ILA strike could resume in January 2025. Meanwhile, U.S.-Mexico truck crossings are up, and holiday shopping is expected to rise. As new trade policies focus on diversifying supply chains, businesses are adapting to these evolving conditions.

Market Outlook

Market Outlook

INDUSTRY UPDATES FOR YOUR WORLD

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