December 1, 2025

December 1, 2025 • Vol. 26 • Issue 12 • $ 25.00 • www. joc. com
Deepening slowdown puts trans-Pacific trade on ice

A hard winter

ON DECK
LA harbor bridge project to begin in early 2026
P 16
TEMPORARY TRUCE
US, China agree to one-year reciprocal port fee pause
P 24
IN THE HEIGHTS
Verticals support continued air freight growth
P 34
INTERMODAL INERTIA
Increasing savings might not yield higher rail rates in 2026
P 39