After weeks of mounting trade tensions, the U.S. and China have struck a deal to significantly reduce import tariffs for 90 days, offering a crucial window of relief for global supply chains. The agreement, announced following high-level talks in Switzerland, will slash mutual tariffs by up to 115%. For many logistics and supply chain leaders, this temporary reprieve is a welcome reset after last month’s … Read More
EU Prepares Countermeasures Against U.S. Tariffs
Tensions between the United States and European Union are escalating—again. On May 7, the European Commission launched a public consultation on potential retaliatory tariffs targeting a wide swath of U.S. goods. This move comes amid stalled negotiations to resolve newly imposed U.S. duties, including a 20% tariff on EU products and 25% on vehicle imports. The Stakes: €95 Billion in U.S. Goods at Risk The … Read More
Inside U.S. and Peru Trade: What Moved, What’s Next, and Why It Matters
The trade relationship between the United States and Peru is a dynamic and strategic partnership that continues to support economic growth and stability for both nations. This alliance was solidified with the United States–Peru Trade Promotion Agreement (PTPA), signed on April 12, 2006, and officially entering into force on February 1, 2009. Since then, the PTPA has significantly enhanced trade liberalization, removed tariffs on most … Read More
Tariffs, Inflation, and Investment: The Unfolding Economic Impact
The recent imposition of tariffs by President Donald Trump has ignited significant debate among economists and industry experts about their potential consequences for the U.S. economy. While the administration asserts that these measures aim to protect domestic industries and reduce trade deficits, critics warn of possible adverse effects, including increased consumer prices, investment deterrence, and economic stagnation. One of the immediate concerns surrounding tariffs is … Read More
Impact of Future Tariffs on Freight Forwarding
As global trade evolves, businesses involved in importing and exporting face an increasingly complex challenge: navigating fluctuating tariffs. These taxes on imported goods profoundly affect costs, disrupt supply chain efficiency, and erode profitability. For companies reliant on reliable freight forwarders for exports, understanding the implications of upcoming tariff changes and proactively adapting strategies is essential to remain competitive in a dynamic global marketplace. The Ripple … Read More
The Importance of the SLI in International Logistics
In the global logistics industry, documentation is the backbone of efficient and compliant shipping processes. One critical document, the Shipper’s Letter of Instruction (SLI), holds a unique position in international trade, guiding freight forwarders and customs brokers with essential shipment details. Understanding the SLI’s role and its benefits is vital for shippers who want to streamline their logistics operations, minimize errors, and ensure regulatory compliance. … Read More
Why GLC is the Ideal Partner for USA Exports
Expanding your business overseas is full of possibilities—but it’s not without its challenges. Navigating regulations, managing logistics, and ensuring that products arrive on time and in perfect condition requires an expert touch. That’s where Global Logistical Connections (GLC) comes in. With a comprehensive approach and unmatched expertise, GLC takes the complexity out of exporting, giving you peace of mind and a reliable path to international … Read More
Air Cargo Surges with Red Sea Boom
In the realm of global logistics, recent shifts are reshaping the air cargo landscape, driven by a confluence of factors including disruptions in Red Sea shipping routes and the booming e-commerce sector in China. This transformative scenario is powering a resurgence in air cargo demand and skyrocketing rates, setting the stage for a promising peak season while raising concerns among logistics providers striving to secure … Read More
Customer Service in Supply Chains
In today’s competitive market landscape, the significance of customer service within the supply chain industry cannot be overstated. As businesses strive to meet and exceed customer expectations, the impact of customer service on a brand’s reputation and customer loyalty has become more pronounced than ever. The statistics speak volumes about the pivotal role customer service plays in shaping consumer perceptions and decisions. According to Arena … Read More
Drought, Declining Transits at Panama Canal
The Panama Canal, a crucial artery for global trade, is facing a squeeze. While container ships are finding a silver lining, the overall number of transits is plummeting, and climate change sits at the heart of the issue. Let’s dive into the current situation and explore what it means for the global economy. Droughts Bite, Traffic Drops Water Woes: The main culprit is a severe … Read More
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