As the latest developments in the tariff war unfold, truckers and carriers across the country are bracing for ripple effects throughout the freight industry. At OTR Solutions, we know that uncertainty in global trade means one thing for you—market volatility.
Listen to Our Latest Podcast Episode on Tariffs
Here’s the latest information you need to know:
-The new U.S. tariffs impact goods that made up 40% of all imports last year, totaling $1.4 trillion.
–Canada to the USA: 25% tariff on most goods, except crude oil, which faces a 10% tariff.
–Mexico to the USA: 25% tariff across the board.
–China to the USA: A new 10% tariff, on top of last month’s 20% increase, bringing the total to 30%.
–USA to China: China has retaliated with 10–15% tariffs on U.S. agricultural goods.
–USA to Canada: Canada plans a 25% tariff on C$155 billion of U.S. goods, some kicking in within 21 days.
–China has recently added 10 U.S. companies to their “unreliable entities list”, restricting these organizations from carrying out business operations in China.
Here are the trends you need to watch in the coming months:
Spot Market & Linehaul Rates: Expect Unpredictability
Tariffs create cost increases for raw materials and finished goods, which means shippers will adjust their logistics strategies. Some industries may stockpile goods to avoid future tariff hikes, temporarily increasing freight demand, but possibly reducing demand in the future months. Others may pull back, waiting for policy clarity, reducing available loads. This push-pull effect means spot rates could see dramatic swings, and linehaul rates may become less predictable, making it harder to plan ahead.
Freight Volumes: Disruptions Are Coming
Tariffs often shift where and how goods move. If imports slow down, especially from China, we could see declining port volumes, leading to fewer drayage and long-haul opportunities. On the flip side, domestic manufacturing could see a boost if companies pivot to sourcing within the U.S., creating new demand in certain lanes. The bottom line? Some regions will see surges, while others experience slowdowns—stay flexible and be prepared to shift your network.
How OTR Solutions is Supporting You Right Now
We understand that unpredictability in the market means carriers need fast, reliable cash flow now more than ever. Whether it’s instant funding, credit monitoring, or insights into freight trends, OTR Solutions is committed to helping you stay ahead of the curve.
As the tariff war plays out, we’ll continue keeping you informed with real-time updates. We’ve got your back, no matter where the market moves.
Follow us for the latest insights, and let us know—how are you preparing for these shifts?
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