Market Insights

Hormuz Reopens at 25 Ships/Day: FCL Recovery Takes 3 Months, WCI +12%, MVE Mandatory Aug 1

Hormuz Strait reopens at 25 ships daily after US-Iran deal. FCL recovery to take 3 months until mid-Sept 2026. WCI rises 12% to $3,969. MVE mandatory for all FCL to Mexico from Aug 1.

FCL Rates China-Mexico Surge 78-89% as Hormuz Reopens Cautiously with 40-50 Day Demining Delay

T-MEC Review on July 1: 5-50% Tariffs on Non-FTA Imports Since Jan 2026 Raise FCL Costs for Automotive Electronics Importers

T-MEC review on July 1 2026 imposes 5-50% tariffs on non-FTA imports from 2026, raising FCL costs for auto electronics importers amid record trade and border congestion.

USMCA Review Uncertainties Frozen Capex and High Vehicle Tariffs Up to 50% Reshape Mexico FCL Supply Chains

As the July 1 USMCA review deadline nears with stricter rules of origin expected, Mexican automotive, steel, and aluminum FCL importers are freezing capex and shifting to short-term financing. New 5-50% tariffs on non-FTA vehicles, combined with surging cross-border truck rates and port congestion, are reshaping Mexico's full container load supply chains and pressuring electronics and advanced manufacturing sectors.