U.S. importers are adjusting to two significant customs developments that could impact their cost exposure and compliance risk An expansion in the number of Harmonised Tariff Schedule (HTS) codes allowed…
The outlook for container shipping between Asia and Europe has been looking more positive, with demand increasing and rates rising by almost 50% since the end of May. In contrast,…
The re-introduction of the SHIPS for America Act is the latest in a growing list of regulatory developments adding complexity and cost to the business of importing goods into the…
President Donald Trump’s effort to reinstate sweeping global tariffs hit a major legal barrier and his ability to move forward may now depend on Congress. On May 28, 2025, the…
Shippers rushing to capitalise on a temporary pause in US-China tariffs could face an unpleasant surprise, as many underlying duties remain firmly in place despite eye-catching headline reductions. The 90-day…
A wave of front-loaded cargo from China to the US is overwhelming key Asian ports and sending transpacific container rates soaring. Triggered by a temporary 90-day tariff reduction, the rush…
Container shipping lines operating between Asia and Europe are grappling with a growing gap between capacity and demand, prompting aggressive attempts to reverse the continued erosion of spot market rates.…
In May 2025, the UK concluded new trade agreements with the European Union (May 19), United States (May 8) and India (May 6), with implications for US importers and exporters.…
With tariffs rising and enforcement accelerating, compliance has moved from the back office to the boardroom, and businesses must treat customs risk as a core operational and reputational issue, to…
Ongoing geopolitical tensions, shifting alliances, and major policy decisions—particularly from the United States—have cast uncertainty over global trade flows. Despite a modest rise in global output in March, the fragility…
The OECD, WTO and IMF are predicting that global trade growth could more than double…
The global freight industry in 2025 presents a dynamic landscape shaped by robust demand, geopolitical…
Iran’s seizure of the 15,000 teu MSC Aries in international waters off the Gulf of…
