The United States-Mexico-Canada Agreement (USMCA) replaced the North American Free Trade Agreement to drive mutually beneficial trade among the three countries. Thomas Insights answers some key FAQs about the agreement.
Bolstered by a new trade deal, the longstanding partnership between Canada and the United States thrives during the COVID-19 pandemic, providing ample opportunity for companies that offer cross-border solutions.
A checklist of five critical questions to ask before booking your next cross-border load.
Three messages for companies trying to adapt to the new tariffs and rules of U.S. trade with China.
As trade volatility between the United States and China escalates, shippers find few options for avoiding a painful squeeze.
The complex international trade environment requires due diligence for shippers to remain compliant with ever-changing rules and restrictions.
The U.S.-Canada cross-border trade relationship remains robust in an evolving regulatory environment.
John Costanzo of Purolator International discusses the latest trade trends between the United States and Canada.
While the rewards of global operations are substantial, so are the risks. Compliance failures delay shipments, disrupt operations, and negatively impact your bottom line. These five tips will help you mitigate risk.
Visibility into the supply chain is clearer than ever, dramatically cutting the time from order to production and shipment. To bring the same transparency and efficiency to global trade, we need common sense changes. Find out how shippers can benefit.
DHL survey gives insight into international trade; Trade growth expected between Canada and United States; Hanjin Shipping shuts down operations in Europe
The Canadian eManifest improves security by receiving cargo and conveyance information before a shipment arrives at the border. Here's what companies involved in U.S.–Canada highway transport should know about the regulation to improve efficiency, boost productivity, and increase compliance rates.
The business of importing and exporting with the United States reaches a milestone at the end of 2016 when the Automated Commercial Environment (ACE) is fully implemented. To make its rollout seamless, FedEx developed a contingency approach that can be useful to other organizations as they adapt to this new era in trade.
U.S.-Canada cross-border trade continues to be a mutually beneficial partnership between nations with a long history of friendship.
Keeping cargo secure requires visibility and the automation technology to enable this view into your shipments. Additionally, immediate access to rapidly changing requirements for import and export activities plays a key role in light of new security concerns.
On May 1, 2016, North American companies that trade with the EU and those with operations in the EU witnessed the beginning of the largest change to European customs procedures in the past 20 years. Find out more about the Union Customs Code (UCC).
Many companies falsely claim preferential duty treatment under NAFTA. This article outlines the right way to do it.
In the logistics of trade, the relationship between Canada and the United States is both friendly and advantageous on both sides of the border.
When selling products across the northern border, these three tips can help.
Aftermarket parts providers must take advantage of innovations in the supply chain to remain competitive in today’s global market.
Globalization has a dramatic impact on strategic sourcing, logistics excellence, and supply chain management. Here’s how your company can become a preferred employer in today’s global age.
DB Schenker tests silent brake blocks; India changes policy for e-commerce foreign investment; Canada opens Customs Self Assessment preferences to U.S. shippers; Global steamship lines raise rates; European ports struggle with congestion and larger ships
Cross-border import and export trade between the United States and Canada requires planning and expertise.
Best in class companies use a variety of global trade automation tools to lower inbound costs and improve processes.
Importers and exporters can achieve cost savings by using a foreign trade zone.
Companies make contingency plans to prepare for possible supply chain disruptions caused by port labor negotiations.
China and Taiwan depend on one another; Emirates targets multimodal transportation infrastructure investment; Chile port strike ends, concerns remain; Free online returns stoke Canadian consumption but place onus on U.S. retailers; Europe looks to United States for re-shoring inspiration; Mondelez debuts new GS1 standard
U.S. companies stand to gain from establishing manufacturing operations in Mexico – if they manage the challenges.
Shifting production closer to the U.S. can benefit supply chains, but nearshoring also presents obstacles.
Infrastructure remains India's greatest supply chain challenge; Canadian e-commerce market is catching up to speed; Maersk, Mediterranean Shipping Co. and CMA CGM form P3 Alliance
Manufacturing in Mexico gives U.S. companies quality control, lower transportation costs, and faster transit times.
Transporting goods between the U.S. and Canada requires thorough knowledge of customs compliance.
Complex border crossings lead U.S. shippers to rely on third-party logistics (3PL) providers to ease trade with Canada.
Shifting manufacturing operations in Asia back to North America provides companies more control of their supply chains, says Steve Sensing of Ryder Supply Chain Solutions.
Hong Kong strike threatens port’s reputation, shakes up competition; DUBAL turns to SAP for inbound control; NAFTA cross-border trade grows for second consecutive year amid recurring safety concerns; Texas pushes for heavier produce trucks from Mexico
Streamlining border regulations more critical to GDP growth than eliminating tariffs; McDonald's Australian business introduces iOS app that tracks food sources; Internet usage disparity in China raises concerns; Indonesia to export cargo ships from China in the face of rising logistics costs; Aussie wool growers target Vietnam for expansion; U.S., Mexico align border security initiatives.
The emergence of integrated third-party logistics (3PL) solutions, expanded and improved intermodal service offerings, and creative collaborations to optimize transport resources has prompted many companies to expand operations in Mexico.
For large North American companies operating in multi-national markets, moving products around the globe is a complicated endeavor, writes Roy Coburn of Livingston International.
Increasing demand for U.S. goods in Canada represents a positive sign for the economies of both countries. But keeping cross-border shipments moving requires building smart and savvy logistics partnerships.
Multinational corporations are gambling on the Latin American market's growth potential. But meeting the region's supply chain challenges requires an understanding of local markets, strategic planning, and strong partnerships.
Mexico-based automotive glassmaker Vitro Automotive opened a distribution center in the United States to serve Detroit automakers just-in-time requirements. Its long-time logistics service provider Evans Distribution Systems staffed the new DC for Vitro to ensure a quality workforce.
Electronics manufacturer Siemens switches from air freight to over-the-road transport for cross-border shipments from Mexico to the United States and Canada, cutting 35 percent from its transportation costs thanks to CFI Logistica.
Foreign trade zones (FTZs) are an essential tool for the growing business of third-party logistics. The National Association of Foreign-Trade Zones’ Daniel Griswold outlines the benefits shippers can gain from using FTZs.
If your business plans include shipping to areas where civil unrest or natural disasters have occurred, be flexible and make strong connections, advises Larry Wenrich, Pilot Freight Services.
For many manufacturers and logistics professionals, preparation and opportunity are meeting right now at the U.S.-Canadian border, as North American companies on both sides of the boundary reexamine, redefine, and realign their global supply chain strategies.
If you don't file accurate import data with U.S. Customs and Border Protection, you put your company at risk for penalties and fines, warns Kevin Shoemaker, director, global solutions for Integration Point Inc.
Troy Ryley and Jose Minarro, managing directors for Transplace Mexico, offer tips for shipping freight cross-border and within Mexico.
Jose Fernando Nava, president, DHL Supply Chain, Latin America shows shippers how to capitalize on Mexico's attraction as a growing consumer market.
Mexico Taxes U.S. Imports, Audi's carbon friendly cars and carbon friendly transportation, Australia labors over transportation expansion, UPS opens health care logistics hubs in Singapore and China, U.S. football imports from China
Fully implementing cross-border trucking policy benefits both the United States and Mexico, writes Kyle Burns of Free Trade Alliance.
A steady stream of goods passing north and south across the U.S.-Canada border stitches the two nations tightly together, complicated by factors such as customs regulations, security protocols, data exchange, and infrastructure projects.
For an update on customs, infrastructure, and manufacturing, IL went straight to the supply chain leaders and economic development experts who make Mexico their business.
To create an environment of collaboration and provide all employees with access to senior management, Paul Tessy, senior vice president at Purolator International, sits down for breakfast every Wednesday morning with employees at every level of the company.
Vincent Touya, managing director, at DACHSER USA, provides 10 tips for leveraging the new trade agreement between the United States, Canada, and Mexico.
Parcels and cross-border e-commerce are taking precedence over traditional services for postal operators, who continuously manage growing postal e-commerce traffic.
Here's an overview of the current West Coast seaport environment and a snapshot look at how top ports are accommodating and embracing growth.
With a new treaty in hand, the long-established trade relationship between the United States and Canada continues to thrive for the benefit of both countries.
Manufacturer of drywall and joint compound USG partnered with Transplace and was able to reduce the delivery time of its product from 6 weeks to 48 hours to Mexico—leading to double-digit sales growth.
Each year, importers pay millions of dollars in Customs duties unnecessarily because they don't take advantage of the First Sale rule. Improve your bottom line by exploring First Sale.
As eCommerce continues to increase globally, shippers have to navigate customs to support their omnichannel strategy.
The United States Mexico Canada Trade Agreement (USMCA) is critical to ensuring a robust North American economy. The agreement, signed by the respective country’s presidents on November 30, 2018, modernizes and enhances trade relations between the three countries and is now pending ratification by each country’s legislature. Passage is crucial to maintaining a healthy U.S. manufacturing and industrial truck industry.
The U.S.-China tariff standoff in 2018 triggered challenges to global sourcing and there may be subsequent threats to ethics and quality control.
As the impacts of tariffs increase, companies must find new ways to consider and classify their products and supply chains to minimize costs and other risks
Each year, billions of dollars of goods flow between Mexico and the U.S. While trade between the countries shows no signs of stopping, recent events may alter the flow. These include the USMCA, which still awaits ratification; decisions by the Mexican administration regarding construction of its ports and airports; trade disputes between the U.S. and China; and the Unified Cargo Processing program.
As your suppliers and customers become more geographically diverse, more of your supply chain and customer experience depends on moving shipments through Customs accurately and without delay.
The United States and its northern neighbor remain trading partners with staying power.
Here’s how trends in U.S./Mexico cross-border operations are shaping today’s supply chain.
Working with a supplier in Mexico offers tremendous benefits to SMBs that are looking to boost profitability while maintaining high-quality standards for their products.
President Trump hasn't been shy about his desire to put America on more equal trade footing with China, but business leaders have traditionally fought against efforts to force the trade rival into an agreement that's more equitable for both sides. Dissent is growing, however, according to the American Chamber of Commerce in China's (AmChamChina) 2017 Business Climate Survey.
For U.S. companies, cross-border regulations, varying border operating hours, and differing procedures for both import and export may complicate shipping and cause significant supply chain delays. One way to manage the complexity is by using an expedited carrier.