Companies channel IEEPA tariff refunds into their coffers, Atlanta Fed says
While most firms are keeping the returned cash, the institution said “a nontrivial portion” of refunds is being used to benefit customers and employees.
While most firms are keeping the returned cash, the institution said “a nontrivial portion” of refunds is being used to benefit customers and employees.
The pact reached last year to lower tariffs and suspend other trade actions will stay in effect until Jan. 10, Treasury Secretary Scott Bessent told Fox News.
Shippers facing similar charges on the Rhine, St. Lawrence and Panama Canal may find a Brazilian regulatory crackdown worth watching, writes Valter Branco.
The initial rollout at a North Carolina store involves over 100 SKUs and could later expand to other locations.
The company will offer inbound planning and aged inventory agents as part of a larger push to help sellers grow internationally.
Companies such as Microsoft and PepsiCo are aggregating demand to access sustainable transportation more affordably, recently placing an order for 2,500 trucks.
The carrier was forced to make changes to the $4.2 billion deal to address Israeli government concerns that the transaction in its original form would undermine Israel’s national security.
The shipping association said overcapacity looms large for next year as new ships are delivered and a resumption of regular Suez transits weigh on supply, but a possible normalized Mideast market could spark renewed demand.
New legislation in Parliament designed to change the country’s Labor Code comes ahead of the expiration of two major labor contracts involving British Columbia ports and Canadian National Railway.
The carrier has in recent years signaled it wants to be a bigger player on the trade lane and reclaim market share lost to other liners over the past decade.