Trump Tariffs Slash Freight Volumes, Impacting Logistics
Update: 2025-11-20
Description
President Trumps tariffs significantly impact logistics and transportation sectors, leading to a steep drop in imports and freight volumes. Shippers are using up existing inventory, causing a challenging period for the freight industry. Van, flatbed, and refrigerated loads saw decreases in October compared to previous months and the same time last year. The decline in trade is due to weaker housing and manufacturing markets, higher energy costs, and companies importing goods earlier to avoid tariff impacts. Recent data from the Port of Long Beach indicates that these tariffs will continue to reduce ocean freight coming into the U.S., affecting various goods and even U.S. grain exports.
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