Tariffs

February imports, at 2.44 million TEU (Twenty-Foot Equivalent Units) increased 21% compared to February 2023. And when taking into account the timing of the Lunar New Year, coupled with the impact of ongoing Red Sea and Panama Canal disruptions, the firm explained that U.S.-bound imports over the first two months of 2024, at 5.04 million TEU, posted a 14% annual increase over 2023’s 4.40 million TEU, with 2022 and 2021, at 5.21 million TEU and 5.09 million TEU, respectively.

Logistics Management Group News Editor Jeff Berman recently spoke with Ben Bidwell, director of North American customs and compliance, for Minneapolis, Minn.-based global logistics services provider and freight forwarder C.H. Robinson (CHR), about the trade landscape as it relates to tariffs on various fronts, including: the United State Trade Representative (USTR) recently updating its tariff policy and reinstating 352 previously expired tariff exclusions in May, opening more than $1 billion in refund potential for importers through the end of this...

Not long after President Biden stated that the White House is discussing dropping tariffs levied against China by his predecessor Donald Trump, the Washington, D.C.-based National Retail Federation (NRF) penned a letter to Biden to “request immediate tariff relief to address the ongoing inflation facing American businesses, workers, and consumers.”

On this episode, Stanley Fawcett, Michael Knemeyer and Markus Greschberger discuss what supply chain managers can learn about complexity from Jackie Chan. SCMR’s Editorial Director Bob Trebilcock hosts.

On this episode, Stanley Fawcett, Michael Knemeyer and Markus Greschberger discuss what supply chain managers can learn about complexity from Jackie Chan. SCMR’s Editorial Director Bob Trebilcock hosts.

Tariffs play a role in both imports and exports, so a supply chain software platform that can manage various types of flows is important, especially when it comes to sustainability initiatives.

Following comments made by United States Trade Representative Katherine Tai last week week, regarding the White House’s new approach to the United States-China bilateral trade relationship, Logistics Management Group News Editor Jeff Berman caught up with global trade Paul Bingham, Director, IHS Markit Economics and Country Risk / Transportation Consulting.

If your company is still not utilizing the FTZ program, now is a good time to consider how it can benefit your company and your local economy.

Following comments made by United States Trade Representative Katherine Tai earlier this week, regarding the White House’s new approach to the United States-China bilateral trade relationship, Logistics Management Group News Editor Jeff Berman caught up with global trade economist Dr. Walter Kemmsies, president of The Kemmsies Group, a provider of industrial and logistics real estate brokerage and consulting services.

In remarks made yesterday at the Center for Strategic and International Studies, United States Trade Representative Katherine Tai provided details regarding the White House’s new approach to the United States-China bilateral trade relationship.

Susan Boylan, Director Analyst with the Gartner Supply Chain Practice, assesses the challenges of a post-Brexit world for logistics leaders.

The lack of real movement relating to U.S. exports continues to remain a major concern for supply chain stakeholders.

Minneapolis, Minn.-based global logistics services provider and freight forwarder C.H. Robinson said last week it is taking steps to help its U.S.-based customers getting access to refunds—more than $1 billion—through Section 301 tariff exclusions. The company explained that most of these refund opportunities have been updated on an ongoing basis, going back to 2018, driven by the U.S.-China trade war, and they are set to expire on December 31.

Total October imports headed up 16.3% annually, following a 15.2% annual September gain, with containerized freight shipments—at 2.904 million TEU (Twenty-Foot Equivalent Units)—up 16.8%, for the month, setting a new record, after an 11.2% September gain.

Even though this development is unlikely to have a material impact on the current state of global trade, specifically as it relates to tariffs and the ongoing U.S.-China trade war, it was very interesting to hear thoughts about it from two of the foremost U.S.-based trade experts on a call hosted last week by the Port of Los Angeles (POLA), POLA Executive Director Gene Seroka and National Retail Federation Vice President of Supply Chain and Customs...