WEEK FEB 06 TH TO FEB 13TH
The state of the freight market is continuously evolving, and PRIMO wants you to stay in the know. Here are the week’s top stories.
President Trump’s 25% automotive tariff, also impacting semiconductors and pharmaceuticals, inflates production expenses. The newly imposed steel, aluminum, and cross-border duties further compound costs, pressuring manufacturers to adapt quickly. PRIMO leverages a human-first approach and tech-enabled carrier networks to mitigate these rising costs, ensuring streamlined freight flows and supply chain stability.
Automakers face steep new duties, with Nissan exploring a shift from Mexico to Japan to ease the financial blow. These maneuvers signal a broader industry scramble to protect margins and maintain supply chain stability. PRIMO addresses these strains with a robust carrier network and human-first oversight, ensuring fluid operations despite shifting trade conditions.
The U.S. Department of Transportation ended Manhattan’s congestion pricing plan, prompting applause from trucking groups and a vow from local officials to reinstate it. The measure was criticized for an unfair financial burden and lack of alternative free routes. PRIMO’s robust tech and human-first brokerage approach guarantee real-time visibility and seamless freight flow, regardless of shifting toll regulations.
The Jacksonville Port Authority has completed half of a $60 million expansion, opening Berth 22 to accommodate larger roll-on/roll-off vessels. This increase in berths significantly enhances vehicle-handling capabilities and sets the stage for ongoing growth. PRIMO’s extensive network and personalized services simplify capacity management for shippers, relieving the operational strains that come with expansion.
Hyzon Motors, a hydrogen fuel cell truck maker, shut down Feb. 18 after failing to secure rescue funding, only four years after touting ambitious production goals. The final blow came after WARN notices, mass layoffs, and a fruitless search for investors. As sustainable fleet options diminish, PRIMO’s human-first model and robust carrier network ensure shippers maintain quality and compliance at every step.