International Shipping Trends - February 24, 2026 - Tuesday-US Hikes Global Tariffs to 15%

Major shifts are underway in global trade and shipping logistics. The United States has immediately increased tariffs on imports from 10% to 15%, a move expected to trigger international responses. Concurrently, significant adjustments are coming to ocean freight. Hapag-Lloyd will implement a substantial rate increase of $1,000 per container on routes from the Far East to South America and the Caribbean, effective March 1, 2026. Furthermore, Ocean Network Express (ONE) is revising its Asia-US East Coast network. The AT1 service will see port revisions, while the AT2 service will be discontinued in March 2024, with all changes taking effect mid-to-late March. These developments collectively signal rising costs and evolving route structures for shippers and importers worldwide.