Excongressman Garrett Nominated to Lead US Exportimport Bank

Excongressman Garrett Nominated to Lead US Exportimport Bank

The nomination of former Congressman Scott Garrett to head the US Export-Import Bank has sparked controversy. This article analyzes the history, functions, and controversies surrounding the Ex-Im Bank, as well as the Trump administration's shifting stance. Garrett's appointment faces challenges, and the future of the Ex-Im Bank remains uncertain. Its impact on the US economy and international trade warrants attention. The debate centers on whether the bank provides crucial support for American exporters or represents corporate welfare that distorts the market.

01/29/2026 Logistics Industry Insights
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Strategies to Reduce Merchandise Processing Fees for Businesses

Strategies to Reduce Merchandise Processing Fees for Businesses

The article provides an in-depth analysis of the definition, calculation methods, and impact of the Merchandise Processing Fee (MPF) on corporate import costs in the United States. It introduces Flexport's centralized MPF management solution, highlighting its potential to reduce expenses. Additionally, the article advises businesses to pay attention to future possible rate adjustments to optimize cost control.

08/06/2025 Customs Knowledge
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US Sanctions Disrupt Venezuela Oil Exports Global Shipping

US Sanctions Disrupt Venezuela Oil Exports Global Shipping

The US is intensifying its efforts to seize tankers linked to Venezuela, targeting its oil export "shadow fleet." This action aims to tighten control over Venezuelan oil resources. While some traders are permitted to export Venezuelan crude, the shipping market landscape may shift due to shorter voyages. Venezuela's oil trade trajectory will continue to impact global oil prices, cargo flows, and refinery profitability. The increased scrutiny and seizures create significant shipping risks for vessels involved in Venezuelan oil trade, potentially disrupting supply chains and increasing insurance costs.

02/03/2026 Logistics
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US Ports Report Import Surge As Tariff Fears Outweigh Labor Deal

US Ports Report Import Surge As Tariff Fears Outweigh Labor Deal

Despite the U.S. port labor agreement averting a potential shutdown, concerns about future tariff increases continue to drive a surge in U.S. imports. Retailers are stockpiling inventory to mitigate potential tariff hikes and supply chain disruptions, leading to a significant increase in import volumes. The report forecasts fluctuating import volumes in the coming months, influenced by factors like the Lunar New Year. The long-term impact remains to be seen as businesses adjust to the evolving trade landscape and potential tariff changes.

01/21/2026 Logistics
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US Retailers Face Holiday Season Challenges Amid Import Boom Port Strikes

US Retailers Face Holiday Season Challenges Amid Import Boom Port Strikes

Despite potential strike risks at East and Gulf Coast ports, U.S. import volume has surged, driven by retailers preparing for the holiday season. The increase is attributed to concerns about strikes, anticipation of tariff hikes, and proactive retail inventory strategies. Retailers should be aware of potential port congestion and warehousing pressures. Diversifying port choices and planning transportation in advance are crucial strategies to ensure supply chain stability and mitigate potential disruptions.

01/28/2026 Logistics
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US Ports Face Strike Threat As Import Volumes Strain Supply Chains

US Ports Face Strike Threat As Import Volumes Strain Supply Chains

US East and Gulf Coast ports face potential strike action, contributing to a surge in imports. Retailers are stockpiling inventory and diverting shipments to alternative ports. Labor negotiations have stalled, raising the imminent threat of a strike. Businesses should diversify port options, build buffer stocks, enhance communication with suppliers, and closely monitor policy changes to mitigate supply chain risks. The situation demands proactive measures to avoid disruptions and ensure business continuity amidst potential port closures and increased shipping costs.

01/28/2026 Logistics
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US Ports Face Import Surge As Tariff Fears Outweigh Labor Deal

US Ports Face Import Surge As Tariff Fears Outweigh Labor Deal

Despite the US port labor agreement averting a potential strike, anticipated tariff hikes continue to fuel a surge in US import volumes. Reports indicate retailers are front-loading imports to mitigate potential risks, leading to a significant increase. Experts advise businesses to closely monitor market dynamics, diversify sourcing channels, and develop strategies to address evolving trade policies. The expectation of higher tariffs remains a key driver of import behavior, impacting supply chain management and requiring proactive adaptation from businesses reliant on US imports.

01/27/2026 Logistics
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Tiktok Shop to Simplify Thailand Import Taxes for Sellers by 2026

Tiktok Shop to Simplify Thailand Import Taxes for Sellers by 2026

TikTok Shop announced that starting January 21, 2026, the Thailand station will uniformly collect import duties on direct mail orders and provide estimated tariff amounts. The collected taxes and fees will not be included in the platform fee calculation, reducing seller costs. This measure aims to simplify cross-border e-commerce operations and improve seller profitability. By handling import duties, TikTok Shop streamlines the process for sellers, allowing them to focus on sales and marketing, ultimately boosting their earnings within the Thai market.

02/03/2026 Customs Knowledge
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Hong Kong Eases Import of Swiss Luxury Goods to Mainland China

Hong Kong Eases Import of Swiss Luxury Goods to Mainland China

This article details the process of transshipping Swiss luxury goods to mainland China via Hong Kong, analyzing its advantages and costs, and addressing frequently asked questions. By using legitimate channels, consumers can balance quality and price, achieving efficient and compliant luxury goods purchasing. It covers the entire process, from sourcing in Switzerland to final delivery in mainland China, highlighting the benefits of using Hong Kong as a transit point for customs clearance and reduced shipping costs. The article aims to provide a comprehensive guide for those interested in purchasing Swiss luxury goods through purchasing agents.

02/05/2026 Logistics Encyclopedia
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