There is a substantial gap in fleet sizes between the leading carriers and the rest of the container field. The top 10 container shipping lines operate 21.8 million TEU of capacity compared to the next 20 carriers which have a combined 2.5 million TEU of capacity, according to Alphaliner data. Proportionally, larger shipping lines have […]
Read MoreOne of the hopes of the trade community when the Biden Administration was sworn in was that “something” would be done about the China 301 tariffs. To this point, there are no changes. In fact, while there was optimism at the outset, the reality is that no one in D.C. has a “better” vehicle […]
Read MoreThe air cargo market is holding its own despite the onslaught of economic pressures in the past year. According to the latest industry analysis by Xeneta-owned CLIVE Data Services, chargeable weight fell 8% year-on-year (y/y) in December and the general airfreight spot rate registered its largest y/y decline of 35% while capacity recovered […]
Read MoreThe International Trade Commission’s latest round of changes to the Harmonized Tariff Schedule became effective on January 1, 2023. To help trade professionals stay current on these tariff revisions and statistical reporting changes, please review the: 2023 U.S. Harmonized Tariff Schedule Guide published by International Trade Today
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