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

Truck Authority Drops 19,100 in Q2 as Spot Rates Surge—June 2025 Ushers Market Rebalancing Era

June 2025: Truck Authority Drops 19,100 as Spot Rates Surge—Port congestion soars to new highs, U.S.-China tariff relief expires soon, and carriers scramble to meet spiking demand amid equipment shortages. The end of de minimis duty-free imports, accelerated nearshoring to Mexico, and a dramatic shakeout among small trucking firms are reshaping the American supply chain. At the same time, AI-driven freight brokerage and green port initiatives are transforming logistics operat

Jun 10