Overall This week, the Drewry composite index increased by 3%. Freight rates between various ports have shown diversity; rates from Rotterdam to New York remained stable. Rates from Shanghai to Los Angeles increased by 7%…
As the world prepares for the Trump Administration, global trade finds itself navigating a storm of uncertainty. President-elect Donald Trump’s looming inauguration has reignited fears of a renewed trade war, leaving businesses and governments scrambling…
U.S. Customs and Border Protection (CBP) and the Animal and Plant Health Inspection Service (APHIS) have issued guidance on ensuring compliance with Wood Packaging Material (WPM) standards. This guidance includes a comprehensive checklist designed to…
The Biden administration has initiated a trade investigation under Section 301 of the Trade Act of 1974, targeting Chinese-made “legacy” semiconductors. These older chips power everyday products like automobiles, washing machines, and telecom equipment. The…
Overall This week, the Drewry composite index decreased by 2%. Freight rates between various ports have shown diversity; rates from Rotterdam to New York remained stable. Rates from Shanghai to Los Angeles decreased by 5%…
As President-elect Donald Trump prepares to take office, his ambitious tariff proposals have raised significant questions about their impact on global trade and the web of supply chains that depend on international commerce. By targeting…
The International Longshoremen’s Association (ILA), representing approximately 45,000 dockworkers along the East and Gulf Coasts, could strike again in January 2025 posing a significant disruption to U.S. supply chains. This past October, the ILA initiated…
The US presidential election will have a substantial impact on global trade policies, particularly tariffs, which have been a focal point for recent administrations. Both US-based companies and international trade partners are closely monitoring potential…
Canada’s logistics and trade sectors are facing unprecedented strain as labor disputes escalate at two of the country’s largest ports. The Port of Montreal, Canada’s second-largest container port, is now largely paralyzed, with two major…