📦 U.S. Retail Imports Are Soaring! Shippers are rushing to avoid freight tariffs and potential port protests, driving this surge.
Port Labor Talks Are Resuming
With the January 15th deadline looming, dockworkers and employers are back at the table. The ILA is pushing for fair wages and fighting port automation.
Trump Is Imposing Tariff Hikes
The Trump administration is shaking up global trade. Starting January 20th, President-elect Trump plans to impose a 25% tariff hike on imports from Canada, and Mexico. This move can have major implications for global trade.
CBP Enforcing Cargo Descriptions
🚨 Attention shippers! The CBP (U.S. Customs and Border Protection) is cracking down on vague and noncompliant cargo descriptions for imports by implementing cargo messages.
ILA Port Strike Beginning
After months of failed negotiations, the ILA port strike has begun. Dockworkers across East and Gulf Coast ports are protesting the end of their six-year contract with the (USMX), which expired on September 30th.
A Port Strike Is Imminent
A port strike is on the horizon as the clock ticks down to midnight on September 30th, with dockworkers from the International Longshoremen’s Association (ILA) preparing to walk off the job.
New Surcharges As Strike Nears
As the ILA strike nears on October 1st, top shipping lines Hapag-Lloyd and CMA CGM are imposing new surcharges for East and Gulf Coast ports, starting mid-October. The ILA is pushing back on automation, and fighting for wage increases, and pension demands.
Tariff Increase On Imports
Starting September 27th, the Biden Administration will raise tariffs on Chinese imports like electric vehicles, batteries, solar panels, and semiconductors. This comes after a USTR review of Section 301 tariffs aimed at promoting fair trade. While some increases hit in 2024, others will phase in over three years.
ILA Strike Threats Continuing
With unresolved talks between the International Longshoreman’s Association (ILA) and the United States Maritime Alliance (USMX), a potential strike on October 1st is looming. If no agreement is reached, East and Gulf Coast ports could shut down, disrupting international trade and impacting the U.S. economy.
CBP Are Tightening E-Commerce
The CBP is cracking down on low-value e-commerce imports to prevent shippers from exploiting the de minimis rule.