tariffs
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:
Read MoreMEMO: 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
Read MoreMEMO: 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.
Read MorePegasus 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.
Read MoreMEMO: Updates on Indian Tariffs
India IEEPA Tariff reduction from 25% to 18% will take place
Read MorePegasus 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.
Read MoreMEMO: 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.
Read MorePegasus 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.
Read MorePegasus Market Update Q2 2025: No.19
The Trump Administration announces that tariffs on Chinese Goods are moving forward.
Read MoreMEMO: Tariff
CBP provided an update regarding Exception to the Reciprocal Tariffs for shipments that loaded on vessel prior to April 5th 12:01am EDT and are in transit. The update states that the exemption will only apply to these shipments if the shipment is arriving AND released BEFORE May 27th, 2025 12:01 EDT.
Read MoreMarket Update Q1 2025: No.15
Steel and Aluminum Tariffs: What you need to know to prepare. We'll help you plan
Read MoreMarket Update Q1 2025: No.14
Here’s a quick market update today for you all to give you a little bit of insight into the upcoming tariff applications, capacity and vessel schedule changes along with some rate forecasting.
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