PRIMO LEADING NEWS

WEEK FEB 06 TH TO FEB 13TH

This week’s news is all about the biggest topic in logistics of 2025–tariffs. The risk and impact of tariffs are now a reality as the industry has very little time to adapt. Here are the week’s top stories and noteworthy items to help you succeed through this new disruption.

Navigate Tariff Uncertainty with Full Coverage Transportation With PRIMO.

The transportation sector anticipates severe disruptions from proposed tariffs affecting over 50% of U.S. imports, with retaliatory tariffs potentially harming key industries like agriculture and manufacturing. Experts suggest that these tariffs could escalate consumer prices and complicate U.S.-Canada-Mexico trade relations, already strained by ongoing negotiations. PRIMO’s extensive North American network and robust freight management solutions can help businesses navigate these tariff-induced supply chain challenges, ensuring continuity and cost-efficiency amidst trade uncertainties.

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Trade Tensions Escalate with New Tariffs and Probes, PRIMO Readies for More Nearshoring.

China has implemented retaliatory tariffs against the U.S. and initiated an antitrust investigation into Google, signaling a further escalation in the ongoing trade tensions between the two nations. These measures include tariffs on key U.S. exports and export controls on critical minerals, reflecting a strategic approach to counter U.S. policies. PRIMO mitigates risks associated with such international trade disputes by supporting nearshoring efforts, allowing businesses to adapt quickly to changes and maintain smooth operations across North America.

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Tariff Uncertainty Shakes Oil Markets, PRIMO Expects Minimal Diesel Impact.

 Despite significant fluctuations in the oil market due to potential tariffs on Canadian and Mexican oil imports, the weekly benchmark diesel price only saw a minimal increase of one-tenth of a cent to $3.66 a gallon. This contrast highlights the resilience of diesel prices amidst market volatility, which saw crude oil and other refined products like ultra low sulfur diesel experiencing more substantial price changes. By leveraging PRIMO’s robust network and pricing intelligence, shippers can mitigate the risks associated with volatile fuel surcharges, ensuring more predictable transportation costs despite market instability.

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Tariff Turmoil in the Automotive Sector, PRIMO Emphasizes Integrated Logistics and Support to Reduce Risk.

President Donald Trump has introduced tariffs on imports from Canada, Mexico, and China, targeting the automotive industry among others, which is especially vulnerable due to its intricate cross-border supply chains. The tariffs, which include a 25% duty on Canadian and Mexican goods and an increase on Chinese imports, have caused immediate market unrest, with significant potential to disrupt automotive pricing and supply chain dynamics. PRIMO offers integrated freight and logistics solutions that can help automotive companies adapt to these changes by optimizing supply chain efficiency and reducing transportation costs, directly addressing the challenges imposed by the new tariffs.

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