News | Pegasus

Bulletin: IEEPA Refunds - Action Required

Set up your Ace Portal Account in order to get your refund back.

Pegasus Market Update Q2 2026: No. 26

Today, we'll focus on 3 things at the top of everyone's mind - Tariffs and Developments (as usual), Fuel Costs and Market Rate Expectations:

Pegasus Market Update Q1 2026: No.25

Middle East and Force Majeure, Market and Rate Level Expectation, IEEPA Refunds status....

BULLETIN: IEEPA Tariff Refunds & ACE Portal Setup

Customer Bulletin – IEEPA Tariff Refunds & ACE Portal Setup

MEMO: Termination of IEEPA Tariffs

IEEPA Tariffs will conclude on February 24, 2026. Update on the Termination of IEEPA Tariffs and Implementation of Section 122 Duties

MEMO: Supreme Court Ruling on IEEPA Tariffs

The U.S. Supreme Court has ruled (6–3) that the International Emergency Economic Powers Act (IEEPA) does not authorize the President to impose tariffs. As a result, tariffs issued under IEEPA have been struck down.

Pegasus Market Update Q1 2026: No. 24

Supreme Court Ruling, India, Indonesia and Taiwan Agreements, Lunar New Year, Ocean Rates, Suez Canal and Iran, and Trucking Changes.

MEMO: Updates on Indian Tariffs

India IEEPA Tariff reduction from 25% to 18% will take place

MEMO: India Tariffs

US Customs has updated their system to reflect the removal of the 25% India/Russian oil tariff, and this is effective for shipments that arrived on or after Feb 7th, 2026.

MEMO: ACE PORTAL ACH Refund Authorization

US Customs regarding instructions on signing up for ACE PORTAL account and setting up the ACH Refund Authorization

Pegasus Market Update Q4 2025:No.23

Rates are moving down consistently from the increases assessed November 1, even with schedule being significantly reduced (see attached) - we expect rates to continue a flat to down trajectory for the remainder of the year and into 2026.

Pegasus Market Update Q3 2025: No.22

I hope everyone had a wonderful summer. While the dark clouds may be forming around the 4th quarter and international trade in general, remember that we, as an industry, are resilient and innovative. There is always a way... Funny enough, I had planned on sending this last month, but with the consistent changes from August through even today, it seemed like an exercise in futility, which is not my favorite exercise.

MEMO: Section 232 Steel/Aluminum derivative tariffs

Customs issued a notification last Friday afternoon regarding Section 232 Steel/Aluminum derivative tariffs and added many HTS codes to this list. This takes effect today, August 18, 2025.

Pegasus Market Update Q2 2025: No.21

Quick market summary entering what will be a very tumultuous summer - Global demand is pivoting sharply toward the Asia-U.S. corridor as the 90-day U.S.–China tariff reprieve drives front-loaded orders and carriers rush to monetize tightening space.

MEMO: IEEPA Reciprocal Tariffs

IEEPA Reciprocal Tariffs: Section regarding clarification on the date of loading and final mode of transport.

Pegasus Market Update Q2 2025: No.20

Updates on tariffs and price hikes.