Trump is shaking up customs rules. What should shippers know?
Companies will need to evaluate their importer of record arrangements and ensure they have deep levels of supply chain visibility ahead of the changes, experts said.
Companies will need to evaluate their importer of record arrangements and ensure they have deep levels of supply chain visibility ahead of the changes, experts said.
Technology developers are emphasizing the need for greater visibility into networks of loads and trucks and greater trust in shipper-carrier partnerships.
Space availability on the trade lane has tightened as a result of MSC withdrawing its Indus Express service, while other competing networks reported schedule disruptions in the form of six blank sailings.
After inking annual service contracts that were slightly lower than the prior year, importers are now facing the double-barrel reality of rising bunker fuel costs and soaring peak season surcharges.
Customers aren’t willing to pay extra for shipping, while free delivery could squeeze margins, the retailer’s CEO said.
The planned logistics site, near a principal manufacturing facility, will handle global distribution of Boston Scientific’s medical devices.
The American Supply Chain Sovereignty Initiative aims to connect cargo hubs with industry stakeholders like retailers and freight carriers.
While the war-driven boost in intermodal demand is not breaking the rail network, it is exposing a weak link at the end of the trip where drayage fleets cut during the freight downturn are now struggling to find enough drivers to handle the cargo.
Statements made by the combatants are unclear and did not offer enough information around key aspects of Hormuz transits such as timings and safe routes, industry stakeholders say.
The US Army Corps of Engineers has recommended deepening the Mississippi port’s main channel to a depth that would allow it to accommodate post-Panamax vessels, up from the feeder container ships it now handles.