This article delves into the significance of customs valuation and its role in international trade. It offers answers to common questions and relevant links to help businesses better navigate challenges in the international market.
The Trump administration's new tariff policy raises the import duties on Canadian goods to 35% and adjusts the reciprocal tariff structures for approximately 70 trading partners, posing new challenges for the global supply chain.
As of now, the Sudanese pound exchanges at approximately 0.00 USD, with 1 SDG valued at 0.00166694 USD. This reflects the current challenges faced by the Sudanese economy and the trend of currency depreciation.
Maersk has warned that significant transportation restrictions will occur due to railway infrastructure upgrades near the Port of Koper, potentially reducing capacity by 50% by 2025. Shippers and freight forwarders should prepare contingency plans in advance.
Small U.S. importers are struggling due to constantly changing tariff policies, forcing them to adjust procurement strategies or abandon markets. The key to overcoming this challenge lies in flexible supply chain management and risk assessment, enabling businesses to remain competitive in an uncertain trade environment.
The 2025 LTL survey analyzes how businesses cope with challenges associated with collaborating with carriers, including fluctuations in contract rates, capacity issues, and the impact of e-commerce. It also explores strategies for companies to optimize management and leverage spot contracts, providing valuable insights to maintain service levels.
This article delves into key trends and future outlooks of the air freight market, discussing issues such as changes in cargo volume, the impact of tariff policies, and FAA personnel shortages. It also presents predictions for the peak season of 2025, aiming to provide valuable insights and considerations for industry participants.
The 36th Logistics Status Report analyzes how the logistics industry responds to uncertainty and rising costs, focusing on data-driven decision-making, the transition to environmentally-friendly transportation, and flexible supply chain management. It illustrates how to seize development opportunities amid adversity.
Negotiations between UPS and the Teamsters union have stalled, prompting the Retail Industry Leaders Association (RILA) to warn of significant supply chain disruptions, particularly ahead of the back-to-school and holiday shopping seasons. This article analyzes the potential impact of a UPS strike on retailers and consumers. It also explores long-term strategies for enhancing supply chain resilience and mitigating future risks, suggesting proactive measures businesses can take to navigate potential disruptions and ensure continued operations.
The global supply chain faces significant challenges due to the Suez Canal crisis and the Panama Canal drought, leading to a sharp decline in shipping capacity and increased freight rates. Companies need to adopt strategies such as diversifying transportation methods, planning ahead, strengthening communication, and optimizing inventory levels. Seeking professional logistics support is also crucial to mitigate risks, ensure supply chain stability, and enhance competitiveness in the global market. These measures are vital for navigating the current disruptions and maintaining operational efficiency.
