On April 1st, reports from BEIJING indicated a notable upturn in China’s logistics industry for the initial two months of the year, as detailed in a recent industry analysis. From January through February, the sector of social logistics witnessed a 5.9 percent increase on an annual basis, with the total value reaching 55.4 trillion yuan […]
In a strategic move aimed at bolstering the U.S. textile industry, the Commodity Credit Corporation under the United States Department of Agriculture (USDA) made a pivotal announcement on March 28. This declaration has set the stage for Special Import Quota #24 concerning upland cotton, a key raw material essential for the textile sector. Scheduled to […]
On May 31, 2018, the U.S. President announced an absolute quota on Argentine aluminum imports through a proclamation under Section 232 of the Trade Expansion Act of 1962. This regulation became effective for all related imports entering the U.S. for consumption or withdrawn from warehouses for consumption starting from June 1, 2018, at 12:01 a.m. […]
The demand for imports from China to Mexico has doubled compared to the same period in 2019, with a significant increase occurring in the past year. In contrast, the demand for imports from China to the United States has only grown by approximately 40%. This trend has important implications for the U.S. freight market, as […]
Early on Tuesday morning, a massive container ship was adrift at a speed of 9 mph. The ship, which issued a “mayday” call, was headed towards the iconic Francis Scott Key Bridge after losing power. It eventually collided with one of the bridge’s support columns, causing a loud crash that could be heard from land. […]
The demand for imports from China to Mexico has doubled, compared to the same period in 2019. This surge in import bookings has been primarily seen in the past year, while import bookings from China to the U.S. have only increased by approximately 40%. This significant increase in imports from China to Mexico raises questions […]
As we edge closer to the weekend, a pressing concern looms over the horizon — a potential partial government shutdown slated to start this Saturday, March 23. The heartbeat of this issue is the current deliberations in the Senate over a fiscal year funding package, which has already made its way through the House of […]
Starting March 19, the USDA National Organics Program (NOP) is now in full effect. As of this date, all organic products shipped to the United States need to be accompanied by an NOP Import Certificate, which must be issued through the USDA Organic Integrity Database by a USDA-accredited certifier. In related updates, please refer to […]
The International Trade Commission (ITC) has launched a safeguard investigation in response to a petition filed under Section 201 of the 1974 Trade Act, which aims to determine whether increased imports of fine denier polyester staple fiber are causing substantial injury or threatening to do so to the U.S. industry. The investigation specifically covers fine […]
Navigating through the challenges of the Panama and Suez Canals has become a top priority for the global logistics and shipping industries. These key waterways, critical for the smooth flow of international trade, are facing unprecedented issues that have a ripple effect on supply chains, trade volumes, and freight costs worldwide. In this blog, we […]
