GLOBAL MARKET INSIGHTS

Keeping you updated on the latest industry news.

Customer Advisory: Notice of General Rate Increase

Subject:  GRI Effective Date:  May 15, 2023 We are receiving varying reports from the different carriers indicating a GRI surcharge for May 15, 2023. This ... Read More

Germany: Hundreds of Flight Cancellations Amid Strike

Hundreds of flights have been cancelled at three major German airports after aviation security members of the Verdi trade union walked off the job this ... Read More

The Growing Wave of Discontent Disrupts Trade Flows Across Europe

Countries across Europe continue to face industrial actions and mass protests as high inflation, mounting costs of living, and economic policies push workers across the ... Read More

New CBP Entry Requirement for Goods Produced in China

As you know, U.S. Customs and Border Protection (CBP) announced back in October that it would require additional information for all entries containing China-origin goods, ... Read More

Importing Food, Pet Food, or Dietary Supplements? What You Need to Know About New FDA Guidance for Complying with FSVP Requirements

The FDA has released new guidance for how food importers can comply with the requirements of the FSVP. The guidance is applicable for all importers ... Read More

Portugal’s Dockworkers Stage Prolonged Nationwide Strike, Paralyzing the Country’s Import and Export Operations

Ports across Portugal, Madeira, and the Azores have reported significant disruptions after members of the National Union of Workers of Port Administrations (SNTAP) walked off ... Read More

USTR Extends All Currently Valid Section 301 Tariff Exclusions

The United States Trade Representative (USTR) has extended the Section 301 tariff exclusions for all products previously reinstated ... Read More

Rail Unions Push Out Date for Potential Strike

The threat of a nationwide rail strike has been pushed back to early December after BMWED agreed to extend their cooling off period to align ... Read More

Chinese Officials Enforce Tighter COVID Restrictions, Production Takes a Hit

New COVID-19 cases continue to surge across China despite the country’s draconian containment policies.  Nationwide, new infections climbed to 7,475 on November 7 according to ... Read More