North American Heavyduty Truck Orders Jump in February

North American Heavyduty Truck Orders Jump in February

North American Class 8 heavy-duty truck orders saw a counter-trend increase in February, ending a period of decline. Key drivers include fleet renewal, rebounding freight capacity, and easing chip shortages. While macroeconomic risks remain a concern, industry confidence is returning, and technological innovation is accelerating. This positive trend suggests a potential shift in the heavy-duty truck market, but careful monitoring of economic conditions is crucial.

01/20/2026 Logistics
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Customs Duty Reassessment Rules and Compliance Strategies Explained

Customs Duty Reassessment Rules and Compliance Strategies Explained

This article provides a detailed interpretation of the scope and time limits for supplementary duty payments, including underpaid or missed duties due to classification or valuation errors after goods release, domestic sales transfer of specific duty-free or reduced-duty goods, and illegal smuggling. It clarifies the statute of limitations for customs to recover underpaid or missed taxes and emphasizes the importance of compliant operation for businesses and individuals to mitigate tax risks. Aiming to help enterprises understand the regulations and avoid potential tax liabilities.

09/26/2025 Customs Knowledge
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