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Showing posts with the label 3PL

Canada Leading The BRICS Economy

As International shipping continues to shift, the industry can soon see Canada leading the BRICS economy. BRICS is a group of emerging economies comprising ten countries, including Brazil, China, Russia, India, and others. Over the last few years, the BRICS market has expanded, now accounting for 40% of the global economy. Although Canada is not a part of BRICS, Canada’s largest trading partners are in the group, including China and India. As Canada continues to expand its trade, the concurrent growth of BRICS countries may significantly impact shipping. How Is Canada Leading The BRICS Economy? While not being a member of BRICS, Canada’s primary exports are to countries in the bloc. A popular commodity that Canada exports is wheat, and it is the world’s third-largest shipper. With Canada as a major trader in BRICS, the country could soon account for 44% of the world’s grain consumption. Canadian exporters also benefit from fast-growing consumer markets in energy, critical minerals, and...

Exporting Out Of The US

  While it is an excellent opportunity for shippers, there are numerous challenges associated with exporting out of the US. The US is one of the world’s largest exporters and an ideal location for reaching other markets. Due to its popularity, US manufacturing companies and individual shippers have benefited from shipping internationally. Despite the benefits, exporting can pose obstacles for both experienced and inexperienced shippers. Failure to understand what to expect and how to prepare can lead to delays, financial losses, and cargo losses. This article explains the challenges of exporting from the US and how to avoid these disruptions. What Are The Challenges Associated When Exporting Out Of The US? One of the most significant challenges a shipper can face when exporting from the US is regulatory compliance. There are numerous agencies governing exportations. Examples include the US Customs and Border Protection (CBP) and the Bureau of Industry and Security (BIS). Exporters ...

US Reducing South Korea’s Tariffs

  A bilateral trade deal is resulting in the US reducing South Korea’s tariffs on imports. On December 1, Commerce Secretary Howard Lutnick announced that the US will reduce levies to 15% retroactively to November 1. Previously, the US imposed tariffs of up to 25% on South Korean automobiles and other goods. The 25% came from duties the US used under Section 232 of the Trade Expansion Act. Reciprocal tariffs that President Trump imposed under the IEEPA (International Emergency Economic Powers Act) also added to the 25%. In addition to reducing duties to 25%, tariffs on airplane parts from South Korea will be eliminated. The deal will also cap future tariffs on sectors such as semiconductors and Pharmaceuticals at 15%. Why Is The US Reducing South Korea’s Tariffs? The main reason for the tariff reduction is a trade deal between the two countries. Along with the US reducing levies, South Korea will invest approximately $350 billion into strategic US industries. Some of these industri...

EE. UU. y China alcanzan un acuerdo comercial tras meses de tensiones

 Estados Unidos y China llegaron a un acuerdo comercial después de meses de escalada entre ambos países. Ambas naciones acordaron diversos temas de comercio durante una reunión entre el presidente de EE. UU., Donald Trump, y el presidente chino, Xi Jinping. El acuerdo se produce pocos días después de que el gobierno chino comenzara a cobrar tarifas a los barcos de propiedad estadounidense que se cargan en puertos chinos. El presidente Trump respondió anunciando un arancel del 100% sobre las importaciones chinas , medida que posteriormente revirtió. Desde que Trump regresó a la presidencia, ha impuesto, pausado y aumentado importaciones hacia EE. UU., afectando principalmente a China. Este país respondió imponiendo sus propios gravámenes y, tras varios intercambios, los aranceles alcanzaron más del 100% de ambas partes. Posteriormente, los impuestos fueron reducidos y la reciente tregua ayudó a disminuir la tensión de la guerra comercial. ¿Qué incluye el nuevo acuerdo comercial? El ...

Trump’s Tariff Hearing Date Is Set

  President Trump’s tariff hearing date is set for November 5, following an announcement from the Supreme Court. The Supreme Court will review two cases:  Learning Resources v. Trump and Trump v. V.O.S. Selections . In Learning Resources v. Trump, businesses challenge Trump’s authority to impose tariffs under the IEEPA (International Emergency Economic Powers Act). The Trump v V.O.S. selections will be the president asking for a review of the ruling striking down the tariffs. Due to the high stakes involved, the Supreme Court is moving the cases on an expedited schedule. If the court rules the tariffs illegal, the US government may have to pay back hundreds of billions to importers. What Is The Issue Regarding Trump’s Tariffs? The issue started in April 2025, when Trump issued sweeping tariffs for all countries importing into the US . Along with a baseline 10% tax, this included specific levies for countries like China, Mexico, and Canada. In addition to reducing tra...

¿Qué es la tercerización logística?

Una consideración importante al enviar carga internacionalmente es entender qué es la tercerización logística. La tercerización ocurre cuando una empresa o remitente utiliza un proveedor externo para brindar servicios que normalmente se realizan internamente. Aunque puede suceder dentro del mismo país, comúnmente ocurre en el extranjero. Estos servicios pueden incluir manufactura, operaciones, transporte y otras tareas. Mientras que algunas empresas delegan funciones específicas a fuentes externas, otras transfieren la mayoría de sus procesos. Con el rápido crecimiento del comercio electrónico y la globalización, la necesidad de tercerización también ha aumentado. Este artículo explicará los beneficios y desafíos de este modelo logístico, enfocándose en el transporte internacional. ¿Qué es la tercerización logística y por qué los remitentes la utilizan? Existen múltiples razones por las que un remitente terceriza, pero una de las más comunes es reducir costos. Por ejemplo, una empresa...

Trump Imposing Furniture Tariffs

  An investigation by the Trump administration could soon result in Trump imposing furniture tariffs. On August 22, the president announced a “major” tariff investigation on furniture entering the US. The potential rate has not been determined yet, and the examination will happen over the next 50 days.  With Trump recently enforcing country-specific tariffs , it is unclear if he will apply the furniture tax on top of them. A white house official also announced it will happen under the Section 232 national security code. Recently, Trump expanded the scope of the Section 232 levy to include steel and aluminum imports. Given the amount of furniture countries import into the US, the tariffs could majorly impact international shipping. Why Is Trump Imposing Furniture Tariffs? Trump is pushing furniture tariffs for various reasons in his “America First” agenda. A primary goal is to encourage domestic manufacturing by raising import costs. This could stimulate the economy by creating...

Country-Specific Tariffs Starting

  An executive order signed by President Trump on July 31 has resulted in country-specific tariffs starting today. Along with a 10% baseline tax on all importing countries, over 70 trading partners will have their tariffs. Initially announced by Trump as “ Liberation Day ,” starting in April, the tariffs were paused until July 7. The president then signed an executive order to extend the date to August 1 and announced new amounts. On July 31, he signed an order to begin enforcing the tariffs in a week to allow for rate harmonization. With the amount of cargo that shippers import into the US internationally, this will significantly impact international shipping. Why Is Trump Imposing Reciprocal Tariffs? Various reasons have been behind Trump’s tariffs, including lessening trade imbalances and addressing unfair trade practices. Trump plans to “level the field” by reducing the trade deficit with the US’s largest trading partners. He argues that other countries impose higher tariffs on...
  As August rolls around, it is essential to understand what to expect when shipping during the peak season. The peak season is a time when the demand to ship cargo surges. In the US, it usually starts around mid-August and goes to the end of Autumn. Scenarios like the back-to-school rush and stocking up for the holidays happen during this time. In particular, ocean freight in the Trans-Pacific and Asia-Europe trade lanes has a significantly high traffic volume. Due to the high demand for shipping, shippers can face various challenges during peak season. This article will explain what happens during this period and how to protect your shipment. What Can You Expect When Shipping During The Peak Season? Due to the high demand for shipping, shippers can face various disruptions during the peak season, including higher shipping costs. As the freight rates rise as the demand to ship cargo internationally rises, so can the freight rates. Carriers also implement other fees like PSSs (Peak...