Trump tariffs to slow US trade, says analyst
High tariffs on Chinese imports, promised by President-elect Trump, will likely slow U.S. trade in 2025 as uncertainty hinders investment in reshoring of manufacturing, a trade analyst predicts.
High tariffs on Chinese imports, promised by President-elect Trump, will likely slow U.S. trade in 2025 as uncertainty hinders investment in reshoring of manufacturing, a trade analyst predicts.
A new White House effort to reduce the amount of online orders from China that enter the country duty free isn’t likely to interrupt the Shein and Temu business, but could have ramifications for U.S. consumers and retailers.
While there is debate over whether Section 321 of the Trade Facilitation and Trade Enforcement Act helps the U.S. or gives foreign companies an unfair advantage, the provision will likely come out changed on the other side of the election.
Two Midwest importers have settled a customs fraud case with the U.S. government for $10 million.
U.S. officials announced a delay on the start of new tariff increases on Chinese imports, including a 25% tariff on China-made ship-to-shore cranes.
Altana closed on a $200 million investment Tuesday to accelerate its supply chain and risk management product development.
U.S. Customs and Border Protection says it has discovered gray-market imports of Ozempic from Colombia and is trying to close down the shipping pipeline.
Seko Logistics said U.S. Customs and Border Protection has harmed its business by temporarily suspending some import privileges without providing evidence of wrongdoing.
U.S. trade regulators and lawmakers are trying to even the playing field for U.S. companies and close a security gap by cracking down on e-commerce importers taking advantage of a trade loophole.
A congressional waiver on sunsetting Boeing’s production of 767 freighters to comply with international emissions rules will benefit FedEx and UPS.
Chinese trade flow into Mexico is helping to build up the latter’s manufacturing capabilities, which is a long-term positive for the U.S.
Agents in Cincinnati found fake NFL, NCAA and MLB championship rings that had been sent from Hong Kong to Kansas.
Air forwarders are getting a break from the Transportation Security Administration that will save them time and money on administrative work needed to stay in a required security program.
Rates are still high and ships are still rerouting, but global supply chains appear to be adjusting to restricted Red Sea trade.
The U.S. is pressing Mexico to review a complaint by pilots at Mas that they were harassed over associations with a labor union.
The Occupational Safety and Health Administration says non-vessel operating common carrier W8 Shipping exposed workers to deadly safety hazards at one of its auto export facilities.
The American Transportation Research Institute is again investigating the safety and other impacts on the trucking industry of state-level marijuana legalization — as well as additional questions the issue raises.
Trans-Pacific trade is the foundation of American retail and industry. But souring U.S.-China relations threaten that.
Flexport is an international logistics provider that also acts as a bank for customers that need more liquidity when sourcing goods from overseas.
FreightWaves founder and CEO Craig Fuller outlines how FreightWaves SONAR pointed to the global freight recession months ago.
Flexport is taking a page from Amazon’s growth model. The logistics provider just hired its third executive from the Amazon tree.
FreightWaves founder and CEO Craig Fuller analyzes the bullwhip effect on the current retail and trucking environments.
The Biden administration has employed an all-of-government approach to bolstering infant formula supplies until domestic manufacturing can return to normal.
The latest baby formula developments include relaxed regulations to support more imports, an air cargo pipeline and congressional scrutiny.
FreightWaves founder and CEO Craig Fuller analyzes changes taking place in global supply chains.
FreightWaves founder and CEO Craig Fuller lays out the premise of Freedom Trade.
FreightWaves Founder and CEO Craig Fuller analyzes the impact of the latest Chinese lockdowns on the supply chains between China and the U.S.
The White House is pressuring Texas Gov. Greg Abbott to lift additional truck inspections as lines of cross-border trucks grow.
Big companies are finding it increasingly difficult to make big deals that can get regulatory approval in the U.S. and other countries.
The U.S. Chamber of Commerce wants the Biden administration to spend less time correcting economic problems the chamber feels don’t exist, and more on trade.
Canada is threatening to impose tariffs on U.S. exports and suspend provisions of the USMCA trade agreement over a proposed tax incentive for American-made electric vehicles.
FreightWaves CEO Craig Fuller provides analysis regarding the Infrastructure Investment and Jobs Act.
Automotive trade platform TRADE X has acquired vehicle export specialist Techlantic after raising $45 million over the summer.
The union representing thousands of Canada Border Services Agency personnel warns of “significant disruption to the flow of goods” if its members go on strike.
Traffickers used trucks outfitted with secret compartments and hydraulically operated trap doors to transport millions of dollars worth of drugs from California and Mexico to Canada, police said as they announced the takedown of a suspected smuggling ring.
U.S. Customs and Border Protection seizes drugs from trucks on a regular basis. Lawyer Su Ross of MSK talks to Long-Haul Crime Log host Nate Tabak about what fleets and owner-operators need to know when drugs are found in one of their trucks.
U.S. Customs and Border Protection officers found more than $6 million worth of marijuana in trucks purporting to have paper shipments in two separate seizures in the Buffalo, New York, area.
It’s not that companies can’t operate without China, it’s just that for now, said companies will not grow as fast as they could with it, and will likely do so with lower margins. In a retail world constantly balancing sales and profit, avoiding China is giving up both for many Western brands.
Fewer options means less competition and less incentive to control costs.
CBP seized the Hong Kong-bound corn flakes frosted with cocaine at an express consignment facility near Cincinnati/Northern Kentucky International Airport.
The embezzler will serve concurrent prison terms as well as pay restitution for unpaid taxes.
Gina Raimondo will be the anti-Wilbur Ross as secretary of commerce, with less focus on protectionism.
Amazon is the bogeyman for many people. Freight forwarders say if they have to screen cargo to get it on all-cargo planes then electronic retailers like Amazon should too. They see a double standard in the making by the Transportation Security Administration.
The Geotab reseller segment will be the initial target for VideoProtects transport technology, which J. J. Keller has acquired.
The Agriculture Transportation Coalition is grateful to the Federal Maritime Commission for its support of American shippers.
The closure of the U.S. land borders with Canada and Mexico for nonessential travel will extend through Jan. 21, though commercial trucks remain exempt.
Trade group representing drayage drivers calls the move “huge”
Experts warn of parcel backlog at U.S. entry points should CBP refuse entry to shipments.
Many companies may have been paying tariffs on imports from China they were not required to pay. C.H. Robinson is trying to help businesses identify what they may be owed ahead of a Dec. 31 deadline to apply for reimbursement.
The TSA is doing a better job partnering with airfreight companies on security, but better training and technology are needed to meet future security obligations.
Amazon gets the pick of the litter. Its latest hire is an American Airlines executive picked to run local terminals.
The carrier sought relief from commission regulations earlier this month as part of its efforts to recover from a crippling cyberattack in late September.
The ocean container industry association files an agreement with the U.S. Federal Maritime Commission to ensure its collective activities do not violate the Shipping Act.
The National Customs Brokers and Forwarders Association of America’s general counsel Ed Greenberg looks forward to spending time with his grandson.
“Regardless of who wins the upcoming elections, our country is in desperate need of a cohesive export plan as well as an infrastructure program and a digitization strategy for ports across the country,” says Executive Director Gene Seroka.
The U.S. Federal Maritime Commission will consider the French liner carrier’s relief petition to give it time to clean up its systems.
The U.S. Federal Maritime Commission wants to learn the extent of allegations that ocean carriers are targeting noncontracted service providers for freight payment.
U.S. Federal Maritime Commission steps forward with notice of inquiry to evaluate alleged ocean carrier abuse of “merchant” definition for bill of lading responsibility.
The CBP must establish reasonable suspicion a good is made with forced labor in order to institute a WRO.
Automated freight forwarding can transform the international shipment of perishable goods by bringing efficiency and transparency, Transship CEO says at American Shipper’s Global Trade Tech summit.
U.S. announces it is dropping tariffs on Canadian aluminum as Canada prepared to unveil countermeasures.
The National Customs Brokers and Forwarders Association of America said its members are tired of ocean carriers charging them hundreds of dollars over their service contract rates.
COVID-19 may have disrupted supply chains but not the U.S. Federal Maritime Commission’s regulatory and policy focus on ocean container shipping, FMC chairman says.
New medicines and life science products are more valuable and temperature-sensitive than before, requiring special storage and transportation conditions. Will there be enough of this infrastructure to handle a COVID vaccine?
3PL’s MyParcel provides European e-commerce customers a scheduled, yet competitively priced shipping service between existing express and postal.
Commercial fishing is big business in Alaska. And like all industries, it depends on supply chains to work properly…
President Trump says he has reimposed U.S. tariffs on Canadian aluminum imports in response to the market being flooded.
Containers are used to carry imports to the U.S., but they also carry exports from the U.S. The agriculture industry depends on them, but COVID-19 has caused the system to fray…
Trade has been destabilized by the pandemic. Can trade credit insurance help de-risk trade to a degree and help solidify supply chains?
Chairman Michael Khouri explains how the U.S. Federal Maritime Commission keeps track of COVID-19-induced ocean container carrier sailing schedule changes for anticompetitive behavior.
Lori Ann LaRocco illustrates the disruption to global trade by profiling what has happened at the Port of Miami since the coronavirus pandemic began.
Danish shipping giant A.P. Moller -Maersk has reached an agreement to acquire Sweden-based customs brokerage to offer increased import clearance services to European shippers.
For Canada, United States-Mexico-Canada Agreement (USMCA) makes trading with the United States a bit more complicated. And it may create some headaches for the trucking industry.
$3.8 billion in U.S. trucking revenue at stake in U.S.-Mexico cross-border freight.
For years, exporters and importers have been frustrated by the former U.S. Customs and Border Protection process to withhold their names and addresses in manifest data from the public.
Although “Containers Don’t Lie,” the story they are telling may not reveal the entire picture.
The Trump administration’s reported plans to re-impose tariffs on aluminum imports from Canada could threaten cross-border supply chains. Or is it just a negotiating tactic?
“Freedom of the Skies” is tempered by landing slots at airports, which are controlled by the governments the airports are in. In the high-stakes world of air cargo, landing slots are very valuable. Learn more in Darren Prokop’s commentary.
Digitization of forms and the use of blockchain will cut costs and time from the supply chain. Brian Aoaeh writes about those issues in India.
The closure of the United States-Canada border to nonessential travel is disrupting Canadian consumers’ and small businesses’ reliance on “hacks” to get products from the U.S. — and that’s a good thing, says the CEO of A & A Customs Brokers.
The 1920 Merchant Marine Act authorizes the U.S. Federal Maritime Commission to investigate and penalize foreign governments with ocean shipping regulations that discriminate against U.S. trade.
Lori Ann LaRocco explains why intra-Asian trade is down and its affect on the United States.
Logistics services provider is optimistic about African continent’s global freight potential, despite economic setbacks from COVID-19 pandemic.
Gene Seroka reports worst May in more than a decade, predicts 15% of import cargo won’t return
The World Shipping Council says exemption for ocean container carriers from publishing essential terms of their service contracts with the U.S. Federal Maritime Commission is a step in the right direction.
Darren Prokop provides information on the USMCA, which goes into effect on July 1, 2020. How will the agreement impact trade and supply chains in the three countries?
Third-party logistics services providers involved in international trade remain concerned about how their businesses will remerge post-COVID-19. They are addressing tough questions about what it will take in terms of staff, systems and office space to operate a successful company.
The global pandemic has strained relations between the U.S. and China. Will that cause the trade deal negotiated earlier this year to break down?
Escalating airfreight transportation rates and capacity shortages from China due to the global pandemic have encouraged some shippers to split supply chain shipments between ocean and air pallets.
Panel of importers and exporters will advise the U.S. Federal Maritime Commission on policies of competitiveness, reliability, integrity and fairness in ocean shipping.
U.S. Federal Maritime Commissioner Rebecca Dye said Fact Finding 29’s work will help the American ocean shipping industry better prepare the supply chain for the post-virus economic recovery.
U.S. Federal Maritime Commission finds sufficient credibility in Lake Carriers’ Association petition to support invoking rarely used 1920 Merchant Marine Act investigative authority.
Pandemic-caused shortages put spotlight on importance of cargo moved through California ports
NCBFAA President Janet Fields has knowledge and skills to lead industry through worst of times, former association President Amy Magnus says.
CNBC’s Lori Ann LaRocco writes about the impact of COVID-19 on U.S.-China trade, particularly in regard to the trade war between the two nations.
The duty deferment applies to qualifying importers facing “significant financial hardship,” Customs and Border Protection said.
Problem-solving supply chain bottlenecks is the way to build customer loyalty, freight experts say.
Cargo flows face worst hit in a century but have potential to bounce back fast.
Third-party logistics providers engaged in international trade are facing the difficult decision of whether to thin staff or even close altogether in the face of a prolonged economic downturn caused by the coronavirus pandemic.
Members of the Washington, D.C.-based National Customs Brokers and Forwarders Association of America interviewed by American Shipper this week generally praised CBP for permitting the flow of legitimate trade across the continent.