US Import Volumes Drop Sharply Amid COVID19 and Low Demand

US Import Volumes Drop Sharply Amid COVID19 and Low Demand

Panjiva data reveals a sixth consecutive month of decline in US seaborne imports in February, impacted by the COVID-19 pandemic and weakened demand. Imports from China experienced a sharp decrease, and future prospects remain uncertain. The ongoing pandemic continues to disrupt global supply chains and consumer spending, contributing to the overall downturn in trade activity. This trend raises concerns about the potential long-term economic consequences for both the US and its trading partners.

01/15/2026 Logistics Industry Insights
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US Cracks Down on Rogue CDL Training Schools Revokes Licenses

US Cracks Down on Rogue CDL Training Schools Revokes Licenses

The U.S. Department of Transportation is cracking down on "CDL license mills." Nearly 3,000 training institutions have been removed for failing to meet standards, and over 4,000 more are facing review. This action aims to improve the quality of CDL training, ensure road safety, and promote the standardization of the industry. The DOT is committed to holding training providers accountable and ensuring that only qualified drivers are operating commercial vehicles on our nation's highways.

01/15/2026 Logistics
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Global Fishing Gear Trade Faces Shifting Tax Rates

Global Fishing Gear Trade Faces Shifting Tax Rates

This article provides a detailed analysis of the HS code 9507900000, covering product descriptions, export and import tax rates, and the impacts of international trade agreements. It offers practical market insights and strategic recommendations for industry chain participants.

04/06/2025 HS Code Query
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