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Update on Hormuz Strait Shipping

Last week, we blogged on the opening of the Hormuz Strait, but with the two-week ceasefire between the U.S. and Iran feeling tenuous and Iran warning of possible mines in the water and [...]

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No 2026 Furniture Tariff Hike; Supreme Court Tariff Ruling Could Come Friday

Last week, while Universal Cargo’s blog was on a little break for the holidays, U.S. importers of furniture got good news. The 25% tariff on upholstered furniture, kitchen cabinets, and [...]

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Will Israel-Hamas Peace Deal Open Red Sea Shipping?

Are we finally going to see a return of normalcy for container ships moving through the Gulf of Aden and Red Sea to utilize the Suez Canal in international shipping? Rerouting ships down and [...]

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How the Government Shutdown Affects Shippers Importing & Exporting Goods

Here we go again. We have a government shutdown as Democrats, wanting to show strong opposition to the Trump Administration, refuse to pass the Republican-led spending bill that would keep the [...]

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What’s Happening with the Chinese-Built Ship Fees?

Next month, large fees on Chinese-built ships calling on U.S. ports goes into effect. They’re not going to be as enormous as U.S. Trade Representative (USTR) Jamieson Greer initially [...]

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Trans-Pacific Freight Rates Drop

Trans-Pacific freight rates, particularly from China to the U.S. West Coast (USWC), fell significantly this week. In fact, some reports show China to USWC freight rates dropped by about a third [...]

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What’s Happening in U.S. Trade Talks with China and India?

This year, tariff changes have been a major thing to deal with for businesspeople who import goods from Asia. Many are hoping for the Trump Administration to complete trade deals soon to bring [...]