Wakool Weekly News

Stay informed on the latest shipping and logistics news, legal regulations, business strategies, and more with Wakool Weekly.

BRICS Under Fire: August 1st Tariffs and Freight Rate Collapse Threaten Trade

With Washington confirming 1 August as the tariff go-live date—not merely a deadline—the trade chessboard has shifted from bluff to execution. Formal rate letters are already landing (25 % for Japan and Korea), Treasury warns that non-deal partners will see pre-truce levies “boomerang” back, and a surprise U.S.–Vietnam accord shows how frenzied the final bargaining has become.

Jul 8

[Logistics Update] July Freight Rates Surge; Port Congestion Intensifies; Shipping Capacity Shortage Expected Until October; SHEIN Semi-Fulfillment Officially Launches on US Site

July Shipping Rates Surge In response to tight supply and limited shipping space, several shipping companies have recently announced...

Jun 13, 2024

[Logistics Update] Severe Overcrowding! Steepest Price Hikes on Europe-America Routes; Coping Measures for Canadian Strikes by Shipping Companies

Steepest Price Hikes on Europe-America Routes Recent reports indicate that by the end of May, shipping capacity on American routes was...

May 26, 2024