Canadian Wildfires Tariffs Drive US Lumber Prices Higher

Canadian Wildfires Tariffs Drive US Lumber Prices Higher

Lumber prices are surging due to the double whammy of Canadian forest fires and potential US tariffs, posing a threat to the American construction industry. This crisis highlights the vulnerability of global supply chains and calls for improved risk management, increased production efficiency, market diversification, and a focus on environmental protection and sustainability to ensure lumber market stability. The combined impact necessitates proactive measures to mitigate future disruptions and safeguard the industry's economic health.

01/29/2026 Logistics Industry Insights
Read More
US Rail Freight Auto Petroleum Up As Coal Declines

US Rail Freight Auto Petroleum Up As Coal Declines

According to the Association of American Railroads, U.S. rail freight traffic decreased by 7.9% year-over-year for the week ending May 9, while intermodal traffic increased by 3.8%, showing a diverging trend. Shipments of motor vehicles & parts and petroleum products increased, while coal shipments decreased significantly. Year-to-date, rail freight traffic is down 1.8%, and intermodal traffic is up 1.7%. Rail freight companies need to actively transform and expand their intermodal transportation business.

01/29/2026 Logistics
Read More
US Trucking Volumes Rise in March Hinting at Economic Recovery

US Trucking Volumes Rise in March Hinting at Economic Recovery

According to data from the American Trucking Associations, truck freight volume saw a slight increase in March. While it didn't fully offset February's decline, it's still a positive sign for economic recovery. Truck freight volume serves as a leading economic indicator, reflecting the activity levels of demand, production, and retail. Moving forward, it's important to monitor factors such as fuel prices, the labor market, and the impact of the global economic situation on freight volume.

01/29/2026 Logistics
Read More
Mexico Overtakes Canada As Top US Trade Partner

Mexico Overtakes Canada As Top US Trade Partner

Recent data indicates that Mexico has surpassed Canada to become the United States' largest goods trading partner. This flourishing US-Mexico trade demonstrates the resilience and depth of North American trade, particularly fostering mutually beneficial cooperation in agricultural products. The China Chamber of Commerce in Mexico is dedicated to promoting Sino-Mexican trade and providing businesses with more opportunities. Now is the opportune moment to capitalize on this new era of US-Mexico trade.

01/30/2026 Logistics Industry Insights
Read More
US Rail Freight Rebounds in Early 2025 Amid Economic Recovery

US Rail Freight Rebounds in Early 2025 Amid Economic Recovery

Data from the Association of American Railroads shows significant growth in U.S. rail freight and intermodal volume during the third week of January, with gains across various commodities. Coal, chemicals, and nonmetallic minerals led the increase. Cumulative data from early 2025 also indicate continued positive momentum. Key drivers include economic recovery, supply chain easing, increased energy demand, and infrastructure development. The industry faces both opportunities and challenges, requiring continuous innovation to thrive.

01/30/2026 Logistics
Read More
Canada Averts Rail Strike Exposing Supply Chain Risks

Canada Averts Rail Strike Exposing Supply Chain Risks

A labor dispute leading to a railway strike in Canada was quickly resolved with strong government intervention. This paper analyzes the causes of the strike, the government's response, and the implications for North American supply chains and businesses. It highlights the importance of prioritizing positive labor relations and building diversified supply chains to mitigate future disruptions. The swift resolution underscores the government's commitment to maintaining economic stability and preventing prolonged disruptions to critical infrastructure.

01/30/2026 Logistics
Read More
Kenco Acquires Drexel Industries to Expand in Canada

Kenco Acquires Drexel Industries to Expand in Canada

Kenco's acquisition of Drexel I strengthens its logistics capabilities in North America, particularly in the Canadian market. The acquisition provides Kenco with Ontario-based facilities, experienced personnel, and localized operational expertise. This strategic move allows Kenco to expand its presence and better serve customers within Canada, solidifying its position in the North American logistics landscape. The deal enhances Kenco's ability to offer comprehensive supply chain solutions and capitalize on growth opportunities in the region.

01/30/2026 Logistics
Read More
US and Americas Sign AEO Trade Pact to Boost Commerce

US and Americas Sign AEO Trade Pact to Boost Commerce

Eleven American countries signed an AEO mutual recognition agreement to facilitate cross-border trade and enhance supply chain security. This agreement, a key initiative under the WCO framework, aims to simplify customs clearance and reduce trade costs through collaboration between customs and the private sector, potentially boosting regional trade growth. Challenges include standard harmonization, information sharing, and capacity building. The future development direction of the AEO program lies in intelligence, automation, and sustainability.

02/02/2026 Customs Knowledge
Read More
Guide to US Market Entry for Foreign Trade Firms

Guide to US Market Entry for Foreign Trade Firms

This article provides a comprehensive product guide for foreign trade enterprises entering the US market, covering key aspects such as market research, product positioning, channel selection, logistics and distribution, customer service, and brand building. It aims to help companies accurately grasp the characteristics of the US market, formulate effective strategies, and successfully tap into the American market's potential. The guide offers practical insights for navigating the complexities of the US market and achieving sustainable growth.

02/02/2026 Logistics Industry Insights
Read More
El Salvadors Central Bank Adopts SWIFT for Efficient Transfers

El Salvadors Central Bank Adopts SWIFT for Efficient Transfers

This article provides a detailed explanation of the SWIFT/BIC code BAMCSVSSXXX for Banco Centroamericano de Integracion Economica (BCIE) in El Salvador, and its applicable scenarios. It emphasizes the importance of verifying the branch code and the risks associated with using incorrect codes. Additionally, it supplements information on international money transfer precautions, aiming to help users complete cross-border transfers safely and efficiently. Understanding these details is crucial for smooth and accurate international transactions involving this Central American bank.

09/03/2025 International Settlement
Read More