GLOBAL MARKET INSIGHTS
Keeping you updated on the latest industry news.
Drought Conditions Force Panama Canal to Lower Vessel Draft
The Panama Canal Authority (ACP) has lowered the maximum draft of the largest vessels transiting the canal due to falling water levels at the lake ... Read More
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
