Shipping Costs Surge for Canadabound Packages

Shipping Costs Surge for Canadabound Packages

High shipping rates in Canada are driven by a combination of factors, including transportation costs, logistical bottlenecks, and market dynamics. Consumers and businesses can mitigate these costs by optimizing logistics strategies and choosing economical shipping methods. The government should invest in infrastructure and streamline customs clearance processes. Collaborative efforts are needed to reduce shipping costs and promote trade development. Addressing these issues will benefit both consumers and the overall Canadian economy.

Georgia Ports Fuel States Economic Recovery

Georgia Ports Fuel States Economic Recovery

The Georgia Ports Authority's latest report highlights the continued economic impact of the state's deepwater ports. Even during economic downturns, the Ports of Savannah and Brunswick have sustained and created jobs. Port investments have a widespread positive impact across various industries, serving as a key engine for Georgia's economic recovery. The ports' role as a logistics hub is vital for supporting trade and driving economic growth throughout the region.

01/28/2026 Logistics
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STB to Rule on CNCP Rail Battle for KCS Supremacy

STB to Rule on CNCP Rail Battle for KCS Supremacy

The U.S. Surface Transportation Board (STB) is reviewing the proposed merger between Canadian National Railway (CN) and Kansas City Southern (KCS), focusing on the voting trust agreement. This merger is a competition between CN and Canadian Pacific Railway (CP). The STB's decision will determine who ultimately controls the railway network connecting the three largest economies in North America, impacting regional trade and the competitive landscape of the industry.

01/29/2026 Logistics
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Averitt Express Expands Dallas Hub for Ecommerce Growth

Averitt Express Expands Dallas Hub for Ecommerce Growth

Averitt Express has opened a large distribution center in Dallas to serve e-commerce and international freight needs. This new facility provides a comprehensive, one-stop-shop supply chain solution. The expansion is expected to boost the local economy and create new job opportunities. The distribution center will enhance Averitt's capabilities in handling growing e-commerce volumes and facilitating international trade, streamlining logistics processes for businesses in the region.

01/29/2026 Logistics
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Usmexico Border Shutdown Threatens Supply Chains Businesses Warn

Usmexico Border Shutdown Threatens Supply Chains Businesses Warn

Closing the US-Mexico border would severely impact supply chains, particularly affecting the automotive, railway, and retail sectors. Businesses should conduct risk assessments, diversify their supply chains, optimize inventory management, strengthen communication with government and partners, and leverage technology to mitigate potential economic losses. These proactive measures are crucial for navigating the uncertainties and ensuring business continuity in the face of potential border closures and related trade disruptions.

Brexit Deadline Tests UK Supply Chain Resilience

Brexit Deadline Tests UK Supply Chain Resilience

The risk of a 'hard Brexit' is increasing, posing significant challenges to supply chains. While the UK government has activated contingency plans, issues like insufficient warehouse space and overwhelmed logistics providers persist. Businesses need to assess risks, diversify supply chains, optimize inventory management, and enhance communication to mitigate potential disruptions. Companies should prepare for potential delays, increased costs, and regulatory changes stemming from Brexit's impact on trade and logistics.

US Retail Imports Hit Record High Ahead of Summer

US Retail Imports Hit Record High Ahead of Summer

The National Retail Federation reports that U.S. retail container imports are projected to reach record highs this summer, signaling strong consumer demand. The report analyzes data from major ports, indicating that import growth reflects retailers' confidence in the future market. However, uncertainty in trade policies and the risk of a global economic slowdown also pose challenges. Retailers need to closely monitor market changes and flexibly adjust their strategies.

01/29/2026 Logistics
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US Nonmanufacturing Sector Expands Steadily in May ISM

US Nonmanufacturing Sector Expands Steadily in May ISM

The Institute for Supply Management (ISM) reported robust growth in the U.S. non-manufacturing sector for May, with the NMI index reaching 56.9, marking the 112th consecutive month of expansion. Eleven industries experienced growth, with a notable increase in the employment indicator. Experts suggest that despite challenges like trade tensions, consumer confidence and low inflation are providing tailwinds for the economy. Overall, the non-manufacturing sector is outperforming the manufacturing sector.

Jordan Customs Boosts Efficiency Security with WCO Upgrade

Jordan Customs Boosts Efficiency Security with WCO Upgrade

The World Customs Organization (WCO) successfully piloted a new organizational risk management diagnostic tool within Jordan Customs, aiming to enhance its risk management capabilities in the face of increasingly complex international trade. Through comprehensive assessment and targeted recommendations, the WCO assisted Jordan Customs in developing an action plan to improve both clearance efficiency and security. This initiative serves as a valuable reference for the modernization efforts of other customs administrations.

Guide to Red Invoicing for USD Ocean Freight

Guide to Red Invoicing for USD Ocean Freight

This article provides a detailed analysis of the process, accounting entries, and key considerations for cancelling (red invoicing) USD sea freight invoices. It offers practical accounting guidance and tips to avoid common pitfalls, addressing issues like exchange rate fluctuations and fee adjustments. This helps foreign trade companies standardize their financial processes and reduce tax risks by providing clear instructions on how to handle these specific scenarios and ensure compliance.