Every Trade story tagged Most favoured nation vs preferential rates.
Heavy haul and open equipment freight is the most volatile transport mode, with surging AI infrastructure demand creating capacity crunches and inflating rates, a trend exacerbated by Gulf Coast market pressures and problematic shipper strategies.
The average tariff applied by WTO members on a most-favoured-nation basis has dropped 32% since 1996, from 13.1% to 8.9%.
Truckload freight volumes dropped nearly 15% on September 9, but spot rates remained raise at $3.44 per mile, up 47% year-over-year.
A convergence of peak season demand, industrial AI shipments, and driver shortages is straining US drayage capacity.
Container spot rates to the US surged due to late peak season demand and carrier capacity management.