The air cargo sector is bracing for a potential decline in demand for US-bound services following the introduction of new tariffs by the United States, which are expected to impact import volumes significantly. US President Donald Trump has ignited fresh economic tensions by imposing an additional 25% tariff on all imports from Canada, though it […]
Read MoreThe air cargo sector must learn to “embrace volatility,” according to industry analysts who spoke at the World Cargo Summit in Ostend on January 28. Experts highlighted both the strong tailwinds driving growth and the significant headwinds threatening disruption. Ludwig Hausmann, senior partner at consulting firm McKinsey & Co, underscored the industry’s rapid expansion, citing […]
Read MoreWith the potential implementation of 25% tariffs on imports from Mexico and Canada looming, many businesses are seeking guidance on how to navigate the resulting supply chain disruptions. A recent webinar hosted by global supply chain provider Kuehne + Nagel highlighted this growing concern. The webinar, titled “Navigating Unprecedented Global Trade Disruptions,” took place on […]
Read MorePresident Trump released his memorandum on an America First Trade Policy that did not immediately result in “day one” additional tariffs on any country, but it is a top-to-bottom review of every possible action the U.S. could take against a country that is trading unfairly or burdening U.S. commerce based on existing laws. A […]
Read MoreU.S. Customs and Border Protection (CBP) has announced plans to revise de minimis rules in response to the surge in e-commerce shipments, aiming to streamline administrative processes and crack down on illegal goods entering the U.S. The proposed changes, revealed yesterday, include mandatory submission of additional shipment information and the establishment of a fully electronic […]
Read MoreE-commerce shipments to the US are showing signs of a shift from air cargo to sea freight, with potential changes to de minimis rules likely to accelerate this trend. This perspective was highlighted during Freightos’ “Global Freight Outlook” webinar, which explored how actions by the incoming Trump administration might impact e-commerce airfreight. Currently, de minimis […]
Read MoreOn December 20, 2024, Mexican President Claudia Sheinbaum enacted a decree introducing measures aimed at safeguarding Mexico’s textile and apparel sectors while addressing compliance issues related to the country’s IMMEX program. This shift in Mexico’s trade and manufacturing policies will lead to higher import costs for several goods and may require adjustments from importers, especially […]
Read MorePlanned U.S. tariffs on Chinese imports are expected to accelerate a shift in containerized trade toward Vietnam, Thailand, and South Korea, according to Linerlytica. Vietnam has emerged as a key player, with containerized exports to the U.S. surpassing two million TEUs in the first 10 months of 2024. This marks a doubling since 2017 and […]
Read MoreA survey conducted by Descartes Systems Group reveals that rising tariffs and trade barriers are the primary concerns for global supply chain leaders. According to the 2024 Supply Chain Intelligence Report: Escalating Challenges for Global Supply Chain Leaders, 48% of respondents cited these issues as their top challenge, followed by supply chain disruptions (45%) and […]
Read MoreUS retailers are accelerating their year-end import volumes, planning to bring in an additional 350,000 TEUs this November and December compared to forecasts from just a month ago. The surge aims to preempt disruptions from a potential East and Gulf Coast dockworker strike in January and significant tariff hikes proposed by President-elect Donald Trump. According […]
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