In an increasingly complex trade environment, recent tariff adjustments affecting imports from China, Mexico, and Canada warrant careful attention. These new measures—implemented without a transition period—will impact supply chains, operational costs, and strategic sourcing decisions. Tariffs on Mexico & Canada: 25% Duties on Most Imports Effective March 4, 2025, the United States imposed a 25%… Read more »
UPDATE: December 19, 2023 As the Red Sea conflict unfolds, shipping companies are taking evasive actions, with Cosco-owned OOCL halting cargo acceptance to and from Israel and over one hundred vessels delaying or rerouting voyages to avoid Red Sea transit. Flexport CEO Ryan Petersen reports around seventy-eight vessels are delayed and awaiting orders. At the… Read more »