Commerce Express Weekly Road Map:
April 29th, 2025
Keeping you informed on the latest news/insights in our industry.
Tariffs: Nothing too new on any tariff changes. There’s still that baseline 10% reciprocal on most countries (except for China, which has a higher tariff percentage).
Additionally, de minimis (goods valued at or under $800) will be eliminated from China and Hong Kong, effective May 2nd, 2025, at 12:01am EDT – according to the President’s Executive Order.
Questions? Contact us here.
Cross-Border: In the month of February, Mexico was the top U.S. trade partner, per data from the U.S. Census Bureau.
Diesel update: Another week of decreases! The average price of diesel decreased by 2 cents a gallon. Putting the average price of diesel at $3.514 per the US EIA.
The Midwest region (down 1.9 cents), USWC (down 2.6 cents), USGC (down 1.2 cents), and the USEC (down 2.9 cents), all saw decreases from last week.
Truckload: Changes are coming on July 19th, to the LTL classification system in the U.S. The National Motor Freight Traffic Association (NMFTA) is shifting to a more density-based approach.
Questions on tariffs?
Tariffs can be complicated — there’s a lot happening. Wondering if your goods qualify for an exemption? Or just looking for some clarity? We’re here to help with any questions you have.
Comments/Questions: Send us an email at: Support@commerceexpressinc.co
Commerce Blog
Commerce Express, Inc. is taking a different route – one that is paved with strategy, innovation, and an unwavering emphasis on improvement – in an industry where “good enough” is frequently the standard. Presenting the ENABLE Protocol, a unique approach created to improve performance, cost effectiveness, and strategic decision-making in addition to moving freight.
U.S. Trailer Orders See Significant Growth In March
Preliminary data from ACT Research shows trailer orders rising 21% (total of 22,100 units) from February this year and a whopping 63% year-over-year. On a seasonally adjusted basis, that percentage is 34% up from February with a total of 23,100 units.
This large increase was somewhat of a surprise, Jennifer McNealy (Director of Commercial Vehicle Market Research and Publications) notes, “given that March marks the cyclical beginning of the weaker order months of the year, this month’s date certainly were a high-side surprise. But McNealy further stated that a key factor in this was shippers pulling orders of goods in advance in relation to potential tariff-related costs.
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