The Trump administration announced several rounds of tariffs last spring and as they become formalized, supply chains across the U.S. are feeling the effects. The administration recently implemented a 10 percent tariff on $200 billion worth of Chinese goods, which began on September 21, and plans to apply a 25 percent tariff on $50 billion… Read More
As in many areas of logistics, visibility during the ocean shipping process continues to be a challenge for both shippers and carriers alike. Shippers are constantly seeking new ways to gain more visibility into their supply chain to ensure on-time deliveries and meet cost guidelines. Meanwhile, ocean carriers are trying to engineer the best routes… Read More
In February, the European Union (EU) voted to implement the Comprehensive Economic and Trade Agreement, known as CETA, with trade partner Canada. The act aims to increase trade between the countries by lowering tariffs, thus making goods easier to export between the two markets. Once fully implemented, CETA will eliminate tariffs on 99 percent of… Read More
This time last year, the $5.25 billion Panama Canal expansion project was completed. The canal reopened with a new set of locks on both the Atlantic and Pacific sides for ships to easily flow through the canal without risk of delay due to accident or various water levels. During the expansion, there was also an… Read More
2016 will go down as one of the most memorable years in international trade. The West Coast ports were still working to gain the trust of shippers after the port strike in 2015. Meanwhile, Hanjin Shipping went bankrupt which left some shippers frantic to find new, reliable carriers. Regulations were also hot topics this past… Read More
