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STATE OF FREIGHT TAKEAWAYS: FREIGHT CRASH MAY TURN INTO SUDDEN REVIVAL  Four weeks after the April State of Freight webinar, when a raging trade war looked to wreak havoc on freight markets,  the May edition of the monthly series confronted conditions that were getting at least a temporary reprieve because of the 90-day truce agreed …

SUEZ CANAL TRIES TO WOO BACK SHIPS ANNOUNCING DISCOUNT FOR LARGE BOXSHIPS  The Suez Canal Authority is offering incentives and discounts of 15 percent of the transit fees for containerships with a  net tonnage of 130,000 tons and above. The offer begins on Thursday, May 15, and ships can take advantage of it  transiting either …

DHL CUTS TIES WITH CARGO AIRLINES AS EFFICIENCY INITIATIVE RAMPS UP  DHL’s recent cancellation of transport partnerships with third-party airlines supporting its courier and freight forwarding  networks is part of a new cost improvement campaign that helped the Express division achieve first-quarter operating  profit despite lower shipment volume and rising trade volatility. DHL Express’ operating …

TRUMP MANDATES ENGLISH FOR TRUCKERS, IMPORT DELAYS EXPECTED THIS WEEK  In a significant development for the trucking industry, President Trump is set to sign an executive order requiring all  truck drivers in the United States to demonstrate proficiency in English.This move is hailed as a step toward improving  safety in the transportation sector but is …

FEDEX BEGINS ITS FIRST DIRECT SINGAPORE-US AIR CARGO SERVICE  FedEx Corp. has introduced its first direct flight from Singapore to its regional hub in Anchorage, Alaska. The first direct  connection for FedEx from Singapore to the United States is tailored to support shippers of heavier, palletized cargo  rather than its express parcel network. The integrated …

TRUMP’S U-TURN OPENS A WINDOW OF OPPORTUNITY  President Trump’s volte-face on trade tariffs has opened a window of opportunity for US importers to bring in freight  over the following three months, with a significantly lower tariff of ‘just’ 10%. The announcement followed a week  defined by Trump’s global tariff announcements on 2 April which led …