US Postal Service’s HS code requirement to start Sept. 1
The change, which applies to all international commercial shipments, aligns the agency with new Universal Postal Union regulations.
The change, which applies to all international commercial shipments, aligns the agency with new Universal Postal Union regulations.
“It’s going to take another two to three quarters for tariffs to play through” the inflation data, Federal Reserve Bank of St. Louis President Alberto Musalem said.
The charge will leap from $500 to $5,000 in 2026, but vulnerable brands shouldn’t have trouble jumping to another 3PL, one expert said.
Underlying metrics continue to point in a positive direction for freight services amid trade turmoil.
The president indicated that duties on chips would be “approximately 100%” earlier this month.
Carriers have responded by adjusting schedules and blanking sailings, but the capacity management has so far failed to hold up prices on the trade lane.
The US-based ocean carrier and logistics company paid about $2 million for the two transload specialists following the July shutdown of GSC.
But the growing synergy and efficiencies of its Gemini network with Maersk are expected to generate significant savings over the next few quarters, CEO Rolf Habben Jansen says.
The Hong Kong-based JV will provide coordination, performance management and strategic oversight of all origin locations across Asia for members of the BCO group.
The meat processor has cut costs from its operation and slowed processing speeds to get the most from record-low cattle availability.