Newsletter [Nov 9 - Nov 15]
Good Morning
A note from our CEO, Richard Roman Jr
As we move deeper into Q4, the logistics industry is facing a convergence of pressures — tightening air freight capacity, a government shutdown that continues to disrupt operations, and instability across the domestic freight brokerage market.
While there are signs that the shutdown may soon end, it remains active as of this week, continuing to slow federal aviation and customs operations nationwide. Despite these challenges, JR Global remains fully operational, compliant, and proactive in mitigating delays for our clients.
At JR Global, we continue to emphasize what sets us apart — proactive planning, financial stability, and CTPAT-aligned compliance standards that ensure your cargo moves safely, reliably, and transparently. In uncertain times, the partner you choose matters more than ever.
The Roundup
What moved the world this week
Customs & Trade Policy Update
IEEPA Tariff Reduction
On November 10, 2025, the White House enacted a 10% reduction in IEEPA-based tariffs on select Chinese imports, lowering rates from 20% to 10%. This aims to provide relief for importers facing high landed costs. CBP has not yet issued guidance on whether the effective date applies by date of entry or date of export, but importers should begin reassessing pricing and cost structures now.
Why it matters: This reduction could help reduce landed costs heading into Q4 but may also create short-term volatility as suppliers adjust pricing.
Supreme Court Review of Tariff Authority
The U.S. Supreme Court heard arguments questioning whether the president can impose tariffs under the International Emergency Economic Powers Act (IEEPA). Several justices expressed skepticism, suggesting the Court may limit future use of the act for tariff implementation.
If the Court ultimately restricts that authority, importers could become eligible for refunds on previously assessed IEEPA duties.
Why it matters: This case could reshape U.S. tariff policy and future executive powers—potentially reducing trade volatility if checks are placed on unilateral tariff actions.
Supply Chain & Logistics News
Air Freight Tightening Amid Shutdown
The U.S. government shutdown, though reportedly nearing an end, remains active this week, continuing to affect aviation and customs operations. The FAA has reduced available flight capacity by up to 10% in several major markets, impacting both passenger and cargo networks.
With the holiday peak season already constrained, shippers are seeing longer lead times and premium surcharges for time-sensitive freight.
JR Global Recommendation:
Book air capacity early (especially from Asia and Europe).
Build a 5-7 day buffer into expected arrival windows.
Expect premium service surcharges through December.
Domestic Freight Stability & Broker Closures
Across the U.S., smaller freight brokers are being squeezed out of the market as rising insurance costs, rate competition, and weaker demand pressure liquidity. Some are offering unsustainably low prices to stay afloat—posing risk to shippers if those firms collapse mid-shipment.
At JR Global, we maintain CTPAT-aligned compliance, strong carrier vetting, and financial integrity to safeguard every load. Partnering with stable, transparent agents minimizes disruption and liability exposure.
The Forecast
Trends, goals, and what’s on the radar at JR Global
Short-Term: We anticipate continued air-capacity strain into early December until the shutdown fully concludes and carriers stabilize schedules.
Mid-Term: Importers should monitor potential tariff reversals or refunds depending on the Supreme Court’s decision, which could reshape duty planning for 2026.
Long-Term: Expect a cautious rebound in freight-broker consolidation—fewer, stronger intermediaries providing higher-value, compliance-driven services. JR Global will continue leveraging its CTPAT-compliant foundation and technology-driven tracking platform to provide clients with visibility and resilience in all modes.
The Shortcut
Smart tips for smart shippers — key takeaways from this week’s newsletter
Air Freight: Capacity is tight; shutdown nearly resolved but disruptions linger. Book early.
Domestic Freight: Vetting partners is a must right now — cheap rates can carry financial risk.
Trade Policy: IEEPA tariffs cut from 20% → 10% effective Nov 10.
Legal Outlook: Supreme Court review may reduce future tariff authority and possibly trigger refunds.
JR Global Focus: Maintain transparency, compliance, and proactive communication to keep client shipments on track through year-end.
The Playlist
What the JR team is listening to this week in the office
Sources
White House Executive Order – “Reducing IEEPA Duty Rate on Chinese Imports.” (Nov 4 2025)
Thompson Coburn LLP – “IEEPA Tariff Reduction from 20% to 10% Effective Nov 10.” (Nov 5 2025)
Baker Botts – “Reciprocal Tariffs to Remain at 10% Through Nov 2026.” (Nov 7 2025)
SupplyChain360 – “Supreme Court Questions Use of IEEPA Tariff Powers.” (Nov 2025)
SCOTUS Blog – “Court Reviews Presidential Authority on Economic Tariffs.” (Nov 2025)
Associated Press – “FAA Reducing Air Traffic by 10% During Shutdown.” (Nov 2025)
Reuters – “Shutdown May Force U.S. to Close Some Airspace Next Week.” (Nov 4 2025)
The Guardian – “Government Shutdown Near End, but Freight Disruptions Persist.” (Nov 11 2025)
Air Cargo News – “U.S. Air Forwarders Deeply Concerned About Shutdown Impacts.” (Nov 2025)
FreightWaves – “Small Freight Brokers Shutter as Tough Market Pressures Cash Flow.” (Nov 2025)
Journal of Commerce – “Broker Failures Rise as Race to the Bottom Accelerates.” (Nov 2025)
U.S. CBP – “CTPAT Minimum Security Criteria for Highway Carriers and Brokers.” (2025)