Tariff Update: Where things are heading next
The buzz around tariffs has settled down over the last few weeks. Progress is being made in many areas, so the purpose of today’s post is to share an update and the latest details, in follow up to last month’s…
+ Read Full PostTariffs are once again dominating the headlines, reshaping the global trade landscape with implications that shift almost daily. As of mid-April, businesses navigating international supply chains face mounting uncertainty—new tariffs and trade measures are rapidly evolving, impacting costs, lead times,…
+ Read Full PostOn May 1st, CN (Canadian National Railway) and CPKC (Canadian Pacific Kansas City) rail workers voted overwhelmingly to authorize a strike as soon as May 22nd if they are unable to reach new agreements around higher wages and better scheduling,…
+ Read Full PostFollowing the recent Baltimore Bridge collapse and subsequent port closures, we want to keep our customers informed about the situation and potential impacts on our supply chain in the coming months. Impact Assessment & Bridge Rebuilding Timeline Passage to and…
+ Read Full PostThe global logistics outlook indicates a lingering crisis mode, requiring adaptation to the new normal of accelerated global disruptions, be it environmental or geopolitical. Industry executives told the Journal of Commerce’s TPM24 conference earlier this week that shippers should be…
+ Read Full PostWarehousing landlords are poised to earn more profit this year without expanding their property, as leasing rates are projected to rise despite a slowdown in demand. According to data from real estate company Colliers, warehouse costs in the US have…
+ Read Full PostMexico Surpasses China as Top US Trade Partner New data released earlier this month by the Commerce Department shows that Mexico has surpassed China as the Top US trade partner. In 2023, Mexico became the leading source of goods imported…
+ Read Full PostTransportation prices have grown for the first time in 19 months, with the Logistics Managers’ Index (LMI) rising to 55.6 in January, indicating overall expansion. The increase is attributed to heightened inventory restocking by retailers after a busy holiday season,…
+ Read Full PostDecember 5, 2023, 4:00PM Ruth Liao Bloomberg The Panama Canal continues to face tonnage restrictions and a decrease in the number of daily transits, resulting in delays, prompting vessels to choose between paying hefty fees to expedite their passage or…
+ Read Full PostOcean carriers on the Asia-Europe trade route are implementing two rate hikes in December to boost prices before annual contract talks despite excess capacity hampering rate increases. Carriers are aiming for FAK rates between $1,750 and $1,800 per FEU on…
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