by A1 WorldWide Logistics | May 23, 2024 | Economic trends, Importing, Transportation
Recent developments are causing an increase in shipping costs, with container rates still rising since the start of 2024. Carrier companies could soon raise prices to $20,000 for 40ft equivalent units (FEU) by the end of the year. In particular, a surge in...
by A1 WorldWide Logistics | May 16, 2024 | Importing, Shipping Logistics, Transportation
The United States is a major importer of olive oil. According to the International Olive Council, U.S. olive oil imports reached 437,309 tonnes in the 2024/25 crop year, an increase of 20.6% from the previous year. Spain, Italy, Tunisia and Türkiye were the four...
by A1 WorldWide Logistics | May 15, 2024 | Economic trends, Shipping Logistics, Supply Chain
On May 14th, 2024, the USTR Announced strategic adjustments to Section 301 tariffs following a four-year review. U.S. trade representative Katherine Tai initially backed the retention of the Section 301 tariffs for Chinese products. However, there has been a...
by A1 WorldWide Logistics | May 2, 2024 | Shipping Logistics, 3PL, Delivery
An important consideration when shipping cargo internationally is understanding what are outsourcing logistics. Outsourcing is when a company or shipper uses an external provider to provide services typically done in-house. Although outsourcing can happen in...
by A1 WorldWide Logistics | Apr 25, 2024 | Importing, Customs Broker, Freight Forwarding
Whether you are a new or experienced shipper, ensuring a successful importation is essential when bringing cargo into the U.S. The U.S. is the most significant importer globally and brought in over $3 trillion of freight in 2023. It may be attractive when...