Cargo crime in the U.S. is not only increasing but also shifting to new regions as thieves adapt to changing supply chain patterns, according to a report by supply chain security firm Overhaul. Overhaul predicts cargo theft will continue rising at double-digit rates in 2025, though at a slower pace than in 2024. Criminals are […]
Read MoreThe Trump administration is considering new tariffs aimed at the container shipping industry, proposing steep port usage fees on Chinese-built and Chinese-operated vessels calling at U.S. ports. Additionally, U.S. exporters may face rising costs under a separate proposal requiring an increasing share of exports to be transported on American ships. If enacted, these measures could […]
Read MoreOcean carriers remain unwilling to restore services through the Red Sea and Suez Canal until a “full and permanent” ceasefire is established between Israel and Hamas, according to Inchcape Shipping Services. The ongoing instability in the region suggests that vessel diversions around southern Africa will continue for the foreseeable future, Chris Greenwood, vice president of […]
Read MoreIn a move that could reshape U.S. trade policy, President Donald Trump announced on Thursday, February 13, a sweeping investigation aimed at assessing and potentially imposing reciprocal tariffs on foreign nations that maintain higher import duties on American goods. The initiative, which the administration describes as a step toward tariff equivalency, is designed to address […]
Read MoreThe U.S. government has temporarily reinstated the de minimis exemption, which allows packages valued under $800 to be imported duty-free, reversing an earlier decision that had disrupted international parcel shipments. According to a statement from the White House, the exemption will remain in place while authorities establish systems to efficiently process and collect tariffs on […]
Read MoreThe Trump administration’s 2025 decision to eliminate the de minimis exemption for Chinese goods has had a significant impact on B2B sourcing. This policy shift is part of a broader trade initiative aimed at curbing unfair trade practices and preventing the flow of illicit goods, particularly fentanyl, into the U.S. The move affects businesses that […]
Read MoreDespite concerns that tariffs on Mexico, Canada, and China would take effect on February 4, additional tariffs for Canada and Mexico have been delayed until at least March 1. In the meantime, the Federal Register notice for China, as well as the Cargo Systems Messaging Service (CSMS) directives from Customs and Border Protection (CBP), have […]
Read MoreThe 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 MoreAir cargo demand in 2024 has surpassed the record volumes of 2021 by 0.5%, driven by high e-commerce activity and constraints in ocean shipping. According to full-year data from the International Air Transport Association (IATA), demand in 2024, measured in cargo tonne-kilometers (CTK), rose by 11.3% compared to 2023. Despite this growth, full-year yields were […]
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 […]
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