As the Federal Reserve and the U.S. economy report positive news on inflation, a major concern arises in global trade: rising freight rates. Forecasts suggest ocean cargo prices could reach $20,000, potentially hitting the COVID-era peak of $30,000, and remain high into 2025. Spot ocean freight rates from the Far East to the U.S. increased […]
Refrigerated cargo shippers are experiencing increased booking lead times to secure onboard space, facing similar delays and congestion issues as dry cargo shippers, according to carriers and forwarders. These challenges are particularly severe for Asian export cargoes. In Brazil, a combination of equipment shortages, congestion, and port projects critically impacts refrigerated import and export shipments. […]
O Ministro da Defesa Nacional do Canadá, Bill Blair, anunciou um investimento significativo de até $2,58 bilhões para adquirir e manter uma nova frota de veículos logísticos para o Exército Canadense. Esta iniciativa faz parte do projeto de Modernização de Veículos Logísticos (LVM), com contratos concedidos à General Dynamics Land Systems – Canadá e à […]
Expectations that produce demand would increase US truck capacity this spring and summer, thereby driving up truckload rates, are fading. US shippers and importers are finding an ample supply of trucks ready to transport produce as the fruit and vegetable growing season ramps up. For the week ending June 11, the US Department of Agriculture […]
Beginning August 1, the U.S. Centers for Disease Control and Prevention (CDC) will implement new requirements for dogs entering the United States, as announced by U.S. Customs and Border Protection’s (CBP) Office of Field Operations. Requirements for dogs entering the U.S.: Dogs must appear healthy upon arrival. Dogs must be at least six months old. […]
Commercial shipping traffic at the Port of Baltimore is anticipated to return to normal levels next month following the channel’s complete reopening this week, which marked the first time since the Francis Scott Key Bridge collapse in March. “I’ve been waiting to say this every day for the last 11 weeks: Maryland, the Fort McHenry […]
In May, a significant milestone in global trade efficiency was celebrated with the deployment of the Electronic Certification System (eCERT) in the Republic of Korea. This innovative system is transforming the way trade documents are processed and authenticated, setting a new standard for global trade efficiency. eCERT represents a collaborative effort between government and industry […]
Starting June 15, importers of hundreds of goods from China will face increased costs as the Biden administration has chosen not to renew Section 301 tariff exclusions for these products. However, exclusions for over 150 other items will be extended for another year. The Office of the U.S. Trade Representative (USTR) has announced that all […]
In a recent legal victory, U.S. importer Water Pik has successfully avoided Section 301 duties on its electromechanical oral hygiene devices imported from China. This outcome follows Water Pik’s challenge against the U.S. Customs and Border Protection (CBP) classification of these products (Water Pik v. United States, CIT # 23-00083). The Case at a Glance […]
Handling organic shipments that are returned to the U.S. can be a complex process, especially when the foreign exporter lacks an organic certificate for the product. Here’s a comprehensive guide to help customs brokers navigate this scenario effectively. The Challenge Consider this common situation: bags of organic oats are shipped from the U.S. to Canada. […]
