CBP Alerts Importers to New Tariff Rules on Transshipment

CBP Alerts Importers to New Tariff Rules on Transshipment

CBP's updated policy on mother port transshipment specifies that certain goods must be shipped by specific deadlines to qualify for in-transit exemptions and a 10% countervailing duty. This change may result in higher tariffs and retroactive fees for many importers, necessitating careful handling of related declarations.

Shipping Industry Struggles to Cut Fuel Use and Emissions

Shipping Industry Struggles to Cut Fuel Use and Emissions

The shipping industry is facing dual challenges: how to reduce fuel consumption and greenhouse gas emissions while ensuring cost-effectiveness. By optimizing design, introducing new energy sources, and improving management strategies, shipbuilders and operators can achieve a green transition and jointly promote the sustainable development of the shipping sector.

Busan Port to Invest 573M in New Transshipment Terminal

Busan Port to Invest 573M in New Transshipment Terminal

Busan Port plans to invest $573 million to construct a new container transshipment terminal to accommodate the growing transshipment volume. This project not only enhances Busan Port's transshipment capacity but also provides critical support for international logistics, helping to secure a more significant position in the global shipping industry supply chain.

09/16/2025 Logistics
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IATA Unveils Trackzero to Aid Airlines Netzero 2050 Goal

IATA Unveils Trackzero to Aid Airlines Netzero 2050 Goal

IATA has launched the TrackZero platform to assist the aviation industry in tracking its progress towards the 2050 net-zero carbon emissions goal. The platform provides a data collection framework that supports airlines in generating both industry-wide net-zero progress reports and individualized reports, promoting transparency and sustainability within the sector.