Adcom's Freight Market Update: January 15, 2026
This week: New tariffs tied to Iran were announced; Heathrow’s air cargo volumes rose in 2025; Trailer theft stopped in Mississauga.
Current Critical Industry Trends
New tariffs tied to Iran were announced this week. President Trump said the United States will impose a 25% duty on imports from countries that do business with Iran. The White House has not yet released formal guidance or definitions.
Ocean
NRF is forecasting a slow start for 2026 imports. The trade group expects year-over-year declines to continue through at least spring, citing tariff uncertainty and elevated inventories. A short-term increase is expected this month ahead of Lunar New Year factory shutdowns.
Another Red Sea transit was completed this week. The Maersk Denver became the company’s second vessel to pass through the region in nearly two years, following heightened security risks tied to Houthi attacks. The carrier said safety measures were applied and described the move as part of a cautious, step-by-step approach.
Ports
U.S. ports are stepping up with major crane investments. Jaxport and Oakland are installing new ship-to-shore cranes that boost capacity, efficiency, and environmental performance. The upgrades are designed to support cargo growth and modernize port operations for the future.
Singapore maintained its position as the world’s second largest container port in 2025. The port handled 44.66 million TEU, up 8.6% from the previous year, while bunker sales rose 3.4% to 56.77 million tonnes, including growth in alternative fuels.
International
Tariff refunds could be issued if the Supreme Court rules IEEPA duties illegal. The Department of Justice said reimbursements would apply to all levies instituted under the statute, including recent increases on imports from India and Brazil. The administration does not plan to challenge the Court’s eventual ruling.
Trucking
DOL is revisiting independent contractor rules. The agency may redefine how drivers and gig workers are classified under the FLSA, citing the “economic reality” test. Changes could affect hiring, contracts, and operations across trucking fleets.
Rail
New York awarded $101 million for freight rail and port projects. The funding, through the Passenger and Freight Rail Assistance Program, will support track, bridge, dock, and terminal improvements to move goods more safely and efficiently.
Air
Heathrow’s air cargo volumes rose in 2025. The UK’s largest airport moved 1.5 million tonnes, led by a 29.7% increase in domestic cargo. Investments in infrastructure, new runway plans, and cargo area upgrades aim to further boost trade and connectivity.
Technology
Cyber risk is becoming a daily challenge for logistics. Attacks on carriers, ports, and hubs jumped 61% in 2025 and are expected to double in 2026. Disruptions at a single port or system can ripple across air, ocean, rail, and truck networks, delaying shipments and driving up costs.
Other
Attempted trailer theft stopped in Mississauga. Authorities intercepted a truckload of connectivity hardware valued at $500,000, recovering all cargo safely. The shipment was just 20 miles from its final destination.
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As always, Adcom’s team is here to help. Our expert teams are ready to answer any questions you may have or give advice for managing the current logistics environment. Additionally, if you need help moving freight or gaining visibility and control over your supply chain, we’d happily discuss what Radiant can do for you. Contact us!