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The agency said the increases, as high as 10%, will help it grow market share with more profitable volume.

David Steiner, former CEO of Waste Management, is slated to join the agency in July as it navigates Trump administration pressures and advances its transformation plan.

COO Eddie Sorg described conversations with customers as a “mixed bag.” For example, some are utilizing more domestic manufacturing and supplier options.

Around 96% of American toy companies are small- and medium-sized businesses. Nearly half of them could shutter due to U.S. tariff policies.

The reductions are part of the carrier’s plan to trim its network footprint in the face of shrinking volume from Amazon.

The footwear manufacturer is also opting to pause or delay shipments in a bid to mitigate the impact of tariffs.

The carrier reported lower utilization from “stop and go” activity as customers remained concerned around new duties.

The deal includes a reduced tariff for some U.K. automobiles and is the first the Trump administration has secured after unveiling its reciprocal tariff plan in April.

The retailer predicts it will slash costs by more than 30% at its high-tech facilities by year's end, one executive said. 

A decrease in volumes has contributed to an uptick in blank sailings, per Xeneta Chief Analyst Peter Sand.