Canadian Minister of National Defense, Bill Blair, has announced a significant investment of up to $2.58 billion to acquire and maintain a new fleet of logistics vehicles for the Canadian Army. This initiative is part of the Logistics Vehicle Modernization (LVM) project, with contracts awarded to General Dynamics Land Systems – Canada and Marshall Canada. […]
USDA Steps Up Efforts Against Illegal Plant Trafficking This fall, APHIS will announce the schedule for the next phase of the Lacey Act declaration implementation: Phase VII. Importers need to prepare now! Phase VII will encompass a variety of materials and plant products that previously did not require a declaration. In October 2022, APHIS initiated […]
The Office of the U.S. Trade Representative (USTR) has announced that 164 Section 301 tariff exclusions will be extended until May 31, while the remaining 265 exclusions will expire on June 14. The extended exclusions cover a wide range of products, including apparel, industrial components, industrial machinery, medical equipment, polymer films, certain mopeds, binoculars, sewing […]
Solar manufacturing equipment imported from China will automatically be exempt from 301 tariffs, but a notice published by the Office of U.S. Trade Representative is unclear on when those tariffs will be lifted. A spokesperson said they will be effective on the day the notice is published in the Federal Register. Exclusions for manufacturing equipment, […]
With the container ship Dali cleared from the wreckage for the first time in eight weeks, Governor Wes Moore on Tuesday expressed gratitude to the Unified Command and other officials for their swift and decisive response to the collapse of the Francis Scott Key Bridge. However, he emphasized that the mission is far from over. […]
The Momentum conference, attended by approximately 1,000 participants, showcases the advanced capabilities of Manhattan Associates (NASDAQ: MANH), a leading provider in warehouse and TMS solutions. The company’s stock, which rose from around $110 in October 2023 to a high of $266.94 in early March, currently stands at $225. Amidst discussions on new product offerings, a […]
The number of containers moved each peak season is crucial for the logistics industry. Last year, high inventory levels and consumer spending on experiences rather than goods impacted logistics providers negatively. This year, CNBC’s Supply Chain Survey indicates a modest increase in orders but no significant surge in consumer spending. Participants in the survey included […]
Allied Market Research has released a report titled “Logistics Market by Mode of Transport (Railways, Airways, Roadways, and Waterways), By End Use (Healthcare, Manufacturing, Aerospace, Telecommunication, Government & Public Utilities, Banking & Financial Services, Retail, Media & Entertainment, Technology, Trade & Transportation, and Others) and By Model (1PL, 2PL, 3PL, and 4PL): Global Opportunity Analysis […]
The Modernization of Cosmetics Regulation Act of 2022 (MoCRA) represents the most significant expansion of the FDA’s authority to regulate cosmetics since the Federal Food, Drug, and Cosmetic (FD&C) Act of 1938. This new law aims to enhance the safety of cosmetic products that consumers use daily. New Authorities Under MoCRA Facility Registration Manufacturers and […]
Despite predictions that the airfreight market would decline following the typical seasonal trends, it has shown surprising resilience this year. Contrary to expectations, global airfreight volumes continued to rise even after the Lunar New Year in February, thanks in part to ongoing conflicts affecting ocean shipping routes around the Red Sea and strong demand from […]
