Trade and Tariff Development with the EU
This week trade representatives from the United States and the European Union made a joint announcement that they will be working on an initiative, sure to please importers and exporters in the United States, to explore the reduction and possible removal of Section...
Container Crunch and Contracts
Entering into the third month of 2021, shippers are still seeing the same issues with global congestion and equipment shortages that have plagued the entire cargo industry since the latter half of 2020. Without the ability to have the equipment and space to move...
Freight Price and Capacity 2021
Importers and exporters should prepare for a year ahead that will be marked by similar situations to now in cargo, with limited capacity coming up against extreme demand that is turning into rising rates and full vessels. Ports around the world are surging, with most...
Trade Deficit & Record Imports
Recently, the US Commerce Department released some data that shows that as this year went on, the trade deficit of the United States’ imports continues to grow faster than exports, leading to an even starker differential between imports and exports. While in September...