Commerce Express Weekly Road Map:
July 8th, 2025
Keeping you informed on the latest news/insights in our industry.
Diesel update: The average price of diesel increased by 1.2 cents a gallon. Putting the average price of diesel at $3.739, per the U.S. EIA.
Another mixed bag this week throughout the region… the Midwest was up 1.8 cents, USWC was up 4.1 cents, the USGC was up 1.4 cents, and the USEC was down 1 cent.
Tariffs: U.S. officials have indicated that the original July 9th tariff deadline will be shifted to August 1st, as the U.S. and other countries continue with trade negotiations, per Transport Topics. The Trump Administration said they will issue formal letters to trade partners who fail to reach a deal by July 9th, warning that higher tariffs could be imposed starting August 1st, per the Guardian. Some of those letters have already been sent out with a variety of countries being informed of what percentage they will see on tariffs.
Capacity: Starting this month, Port Houston will be implementing some fees to address the excessive dwell times for reefer containers at the port, the JOC reports. The fees begin on July 1st and kick in after one week of free time for most cargo. These new fees also override the current sustained import dwell fee (at $45/day after one week).
Commerce Blog
The difficulties of today could feel like obstacles, ranging from low freight rates and unclear regulatory outlooks to rising equipment prices and workforce shortages. However, the next wave of opportunity is being shaped by these same circumstances. How you will react is more important than whether your company will be impacted. Will you take advantage of the storm to advance your company, or will you just weather it?
New Advisory Board Targets U.S. Transport Reform
A new federal advisory board has their first public meeting in mid-July at the White House, per the Federal Register agenda announcement. The new federal advisory board will include 10 members, of whom have not been announced yet.
The purpose of this new advisory board is to “provide strategic vision and high-level guidance to modernize and enhance the United States transportation systems,” per the Federal Register.
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