GLOBAL MARKET INSIGHTS
Keeping you updated on the latest industry news.
Baltimore Bridge Collapses After Containership Collision
The Francis Scott Key Bridge in Baltimore, MD collapsed in the wee hours this morning after it was struck by a containership exiting a nearby ... Read More
China Section 301 Tariff Exclusions Extended Through May
Importers of hundreds of goods from China won’t face higher tariffs for several more months after the Office of the U.S. Trade Representative (USTR) extended ... Read More
How the Grinch is Attempting to Steal Christmas, Hundreds of Goods Likely to Be Impacted When Section 301 Tariffs Expire
The Grinch is up to his nasty tricks again, getting ready to steal Christmas from the Whos down in Whoville who have enjoyed tariff-free imports ... Read More
Feds Suspend Rail Operations in Texas Amid Migrant Surge
U.S. Customs and Border Protection (CBP) has temporarily suspended all rail operations in Eagle Pass and El Paso, Texas after observing a surge in the ... Read More
Panama Canal to Increase Daily Transits in January
After receiving better-than-expected rainfall in November, the Panama Canal Authority (ACP) has announced it will increase the number of daily vessel transits from 22 to ... Read More
Carriers Suspend Operations in the Red Sea to Avoid Attacks
Major carriers have announced the suspension of all Red Sea operations following targeted attacks on commercial vessels, including an attack on the MSC Platinum III ... Read More
Have You Renewed Your Medical Device Registration? If Not, Act Now to Avoid Disruption!
The Food and Drug Administration is now accepting registration renewals for medical device facilities. According to the FDA, ALL establishments that are involved in the ... Read More
Shippers Look for Alternatives as Panama Canal Delays Grow, Costs Mount
The number of vessels waiting to transit the Panama Canal has reached 161, more than double the number typically seen during the rainy season, and ... Read More
Flooding, Landsides Wreak Havoc Across Bangladesh; Shipping Heavily Disrupted
Severe flooding and landslides have been reported across Bangladesh after the country recorded its highest rainfall in over 30 years. The torrential rains, which began ... Read More