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ITS Logistics April Supply Chain Report: Uncertainties in Global Supply Chains Could Derail Freight Market Recovery in 2025

April 24, 2025 3 min read
author Anamika Mishra, Sub Editor
The April edition of the ITS Logistics Supply Chain Report highlights continued volatility in cross-border and drayage markets, fueled by ongoing tariff uncertainties. While U.S. ports reported increased import volumes through March largely due to front-loaded inventory new reciprocal tariffs announced by the Trump Administration on April 4 caused global ocean container bookings to plummet by 49%, setting the stage for a major disruption in the drayage market.Flatbed freight saw a pullback after two months of growth, as demand in the manufacturing sector waned. Warehousing remains sluggish, with notable month-over-month contractions driven by declining prices in inventory, transportation, and warehousing services.“The sudden tariff announcement has caused widespread disruption,” said Josh Allen, Chief Commercial Officer at ITS Logistics. “International bookings are freezing mid-shipment, with companies adopting a cautious, ‘move only what’s necessary’ approach.”Since January, repeated tariff announcements and delays targeting Canadian and Mexican imports have created instability across cross-border lanes. Notably, dry van volumes from Toronto to Chicago surged 57% in late February, with spot rates climbing 7%. U.S.-to-Canada rates have

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