With 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 MoreThe post-peak season decline in air cargo demand from the Asia Pacific region has not been as severe as initially feared, according to data provider WorldACD. WorldACD analyzed the drop in demand between the December peak and the early January low after concerns arose among air cargo industry executives about the extent of the decline, […]
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 MoreThe San Pedro Bay Port Complex, comprising the Port of Los Angeles and the Port of Long Beach, handles about one-third of all containerized imports to the United States each month. As the 10th busiest port in the world, it plays a critical role in the local, regional, and national economy, particularly impacting truckload and […]
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 MoreAir cargo capacity experienced significant growth last year, with double-digit percentage increases, driven by a recovery in bellyhold capacity and sustained high levels of freighter space compared to pre-Covid benchmarks. According to data provider and consultant Rotate, total air cargo capacity in 2024, measured in airfreight tonne kilometers (ATKs), rose by 10% year-on-year to reach […]
Read MoreThe International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) announced late Wednesday that they have reached a tentative agreement on a new master contract, covering ports from Maine to Texas. While the deal awaits ratification by ILA locals and USMX members, it averts a looming port strike and secures labor stability along […]
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 […]
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