Spot prices fell for the first time in a year, likely due to declining sentiment and concerns over international trade uncertainty, Xeneta reported.

In-transit shipments that weren't delivered by Thursday will be held in the carrier's network as an employee strike continues.

Through the deal, under which President Donald Trump has approval over facility closures, Nippon aims to circumvent tariffs with a stronger U.S. foothold.

The exact new rate will depend on progress made towards a tariff deal with the Trump administration as of July 21.

The trial program with RIVR’s wheel-legged robot saw a 95% delivery success rate and required limited intervention, Veho CTO Fred Cook said.