Articles
Import
Great Lakes Ports Stay on Course
U.S. Great Lakes ports are on pace to beat 2018 cargo volumes following a robust September handling road salt, cement, stone, petroleum, and wind energy components, and supporting the region’s construction activity and energy needs. Overall, St. Lawrence Seaway tonnage for the season (March 22 to September 30) reached 24.8 million metric tons, down 6% […]
Read MoreFSVP Inspections Are Underway—Is Your Foreign Food Supplier Ready?
According to the FDA, the United States imports about 15% of its food supply. More than 200 countries and about 125,000 food facilities and farms supply 32% of the vegetables, 55% of the fruit, and 94% of the seafood that Americans consume annually. Imported food can be hazardous, picking up harmful contaminants along its journey […]
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Tariffs Sting U.S. Supply Chains
The tariffs President Donald Trump imposed on Chinese goods have caused sharp increases in expenses for some companies, and even businesses that have yet to feel the sting of the duties on imported Chinese goods are taking a closer look at their supply chains to see how they can minimize the damage. As businesses scramble […]
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That’s a Latte Coffee
When it comes to coffee imports, Germany is way out in front of EU member states, with 2017 imports totaling 1.1 million metric tons (see chart), according to Eurostat’s most recent statistics. The Italians are also well known for their love of coffee and last year, they imported slightly more than 550,000 metric tons. Belgium […]
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Strong Im/Ex Market Fuels South Korea Trade Growth
Air trade in South Korea will remain steady due to strong exports of high technology, basic materials, and machinery parts, as well as imports of industrial raw materials and machinery parts, predicts the DHL Global Trade Barometer, an early indicator of global trade developments calculated using artificial intelligence and big data. The Barometer also expects […]
Read MoreFTAs Top Concern of Importers/Exporters
To gauge shipper perspectives on trade in today’s world, and particularly about the shift in free trade agreement (FTA) focus, global logistics and transportation solutions company BDP polled U.S. importers and exporters attending its 29th Annual Regulatory Compliance Seminar in Houston in late February. The results confirms that FTAs remain in the forefront of the […]
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Global Trade Content: Unlocking the Supply Chain Value
New Content-as-a-Service solutions deliver content that exists outside an organization. This outside-in perspective is spurring companies to find new value to make supply chain planning and execution inherently more intelligent—especially when it comes to global trade. Content solutions can, for example, help companies properly classify goods to ensure compliance while minimizing duties and tariffs; research, […]
Read MoreSupply Chain Commentary: The Advantages of First Sale
Today’s supply chains are complex, and companies are constantly on the lookout for ways to lower the cost of doing business. The border represents an area for potential cost savings, with various duty-reduction methods available, such as free trade agreements (FTAs) and preference programs. However, the rules for FTAs can be complicated, and most imports […]
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