Last fall, a U.S.-based toy distributor placed a $100,000 order for a variety of stuffed animals from overseas suppliers. By the time the products arrived at a domestic port months later, newly implemented tariffs had taken effect—adding an unexpected $20,000 to the total cost. The importer had explored every possible legal avenue to avoid the […]
An upcoming April meeting of a major international maritime body will be a critical moment for global shipping policy, as questions remain about the level of commitment from key member states amidst shifting geopolitical priorities. The organization’s Marine Environment Protection Committee (MEPC) will meet to finalize a new regulatory framework aimed at reducing greenhouse gas […]
A recent proposal from the Office of the U.S. Trade Representative (USTR) to impose significant fees on Chinese-built or operated vessels calling at U.S. ports has raised concerns across the broader maritime industry—particularly among those operating in smaller and regional trades. While the focus of the policy is aimed at addressing concerns around China’s subsidization […]
Newly imposed U.S. tariffs on steel and aluminum imports have triggered swift responses from global trade partners, heightening concerns about the future of international commerce and economic cooperation. The U.S. implemented a 25% tariff on all imported steel and aluminum, signaling a hardline stance on trade and national production priorities. The move came after a […]
Retailers are making strategic moves to capture a larger share of the $1.5 trillion U.S. grocery market, partly by bringing fresh and frozen food supply chains in-house. To enhance efficiency, several companies have opened new food-distribution centers over the past two years, with plans to expand further in the coming year. These efforts are aimed […]
Many shippers may not yet be aware, but significant changes to freight classification data are on the horizon. Now is the time to stay informed and prepare to ensure smooth operations as these updates take effect. The less-than-truckload (LTL) shipping industry continues to evolve with technological advancements and process improvements. As part of this progression, […]
The automotive industry is facing significant challenges due to newly reinstated tariffs on steel and aluminum. These tariffs, imposing a 25% levy on steel imports and an increased rate on aluminum, are expected to drive up manufacturing costs and, consequently, vehicle prices. Steel and aluminum constitute a substantial portion of modern vehicle production, with steel […]
Shippers, be prepared—changes to the data on your bills of lading (BOLs) are coming. These updates could impact your shipping operations, so staying informed is crucial to ensuring efficiency and compliance as the industry evolves. The less-than-truckload (LTL) shipping sector is constantly adapting to technological advancements and process improvements. As part of this evolution, industry […]
Trade Policy Turbulence: A Constant State of Change Trade policies continue to fluctuate, leaving businesses, investors, and supply chain professionals in a state of constant adjustment. Recent shifts in tariffs and exemptions on imported goods highlight the unpredictability of global trade regulations, making it difficult to establish long-term strategies. Articles written one day about new […]
A leading global aerospace company has signed a 30,000 sqm logistics lease at a state-of-the-art facility in Tarn-et-Garonne, France. The site, located within a strategically positioned logistics zone, is owned by a prominent international real estate investment firm specializing in high-quality industrial assets. A Sustainable and Efficient Logistics Hub Originally acquired in 2017 and developed […]
