Indications of Reglobalization Emerge: Early Trends Suggest a Shift Towards Increased Global Economic Integration

The global trading system is undergoing significant shifts that are reshaping international supply chains and ushering in a new era of trade. Termed “reglobalization,” this transformation is driven by two primary forces: companies seeking to mitigate the risks of pandemic-related disruptions and governments aiming to secure access to critical materials in an increasingly fragmented global…

Transport and Port Updates – May 2023

Overall Freight demand has remained lower and more consistent over the past month. Figures are showing a six straight month of declines in container import volume. Major shippers have also indicated that supply chains are starting to stabilize.   Regionally U.S. East Coast – Import: East Coast port congestion has eased. U.S. & Canada West…

Takeaways from the CBP Trade Facilitation and Cargo Security Summit

The U.S. Customs and Border Protection 2023 Trade Facilitation and Cargo Security (TFCS) Summit was held in Boston April 17th – 19th.   There were over 1300 attendees including importers, exporters, Customs brokers, and freight forwarders. Nicole Hess, Vice President of Brokerage, and Margaret Lange, Director of Compliance attended the summit. Speakers included members of multiple government…

Takeaways from the 2023 NCBFAA Annual Conference

This year marked the milestone 50th Annual NCBFAA conference, which took place in New Orleans. The NCBFAA, serving as the authoritative voice of the brokerage and logistics industry since 1897, holds considerable influence in shaping policy and driving reforms for the import and export community. M.E. Dey, a longstanding member for over five decades, has…