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In this week’s Roar: The end of the USMCA, ocean carriers are increasing capacity, updates to the tariff refund portal, top supply chain technology trends, and amending the Direct Air Waybill Framework.
The U.S. has declared that it won’t extend the USMCA, which will trigger a 10-year countdown for the North American Trade Pact to expire in 2036. The move launches a six-year review at a time when U.S. officials are pushing for tougher regional content rules and new trade protections. They’re especially targeting North American automotive supply chains and Chinese imports. Instead of renewing the deal, the U.S. reportedly plans to begin negotiations on amendments to it.
Peak season is nearly here, and ocean carriers have pumped up weekly capacity on several Asia-to-US and Asia-to-Europe routes by 10 to 12%. High spot rates, which are up over 200% on some trades since the start of the Middle East conflict in February, are a big factor in the decision. Despite the added slots, analysts warn shippers shouldn’t expect lower freight rates anytime soon.
U.S. Customs and Border Protection has expanded its tariff refund portal to cover entries that still have pending final duty calculations. The update means that importers will still be able to request refunds for more shipments, accounting for an estimated $28.7 billion. Further updates are expected later in July.
Gartner has released its top supply chain technology trends for 2026. The list includes improvements in polyfunctional robots, agentic AI, and collaborative multi-agent systems. These trends are organized around three themes: autonomy, specialization, and governance, showing the industry’s move toward more connected, AI-powered operations. This also includes smarter simulations and better decision oversight to improve transparency, compliance, and trust as supply chains become more automated.
The FIATA is calling for a three-month delay to the IATA’s plan to amend the Direct Air Waybill Framework. They’re claiming an incomplete review and legal uncertainty as the reason for the request. They’re warning that freight forwarders may face new liabilities due to a lack of understanding and are urging airlines to clarify their implementation plans. Although FIATA requested that implementation be delayed until October 1, 2026, the IATA Direct Air Waybill framework changes took effect on July 1. FIATA is continuing to seek clarification from airlines on how the new rules will be applied in practice.
For the rest of the week’s top shipping news, click here.