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FBJNA – How It Works, with Sandler, Travis & Rosenberg Trade Report – With U.S. tariffs increasing the cost and complexity of importing goods, companies are taking another look at a longstanding customs tool that can defer, reduce or, in some cases, eliminate duties: the foreign-trade zone.
Foreign-trade zones, or FTZs, are designated locations physically within the U.S. but treated as outside U.S. customs territory for purposes of customs entry.
That distinction ...
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Panama Canal bulker transits have fallen 22 percent year over year since the beginning of July as lower water levels and increased competition for transit slots push more dry bulk vessels toward longer alternative routes, according to BIMCO.
Tankers have added to competition for canal capacity ...
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The regulatory battle over the proposed Union Pacific-Norfolk Southern merger is beginning to move beyond broad arguments over consolidation as railroads, shippers and other parties outline specific competitive concerns and potential remedies they may ask the Surface Transportation Board to impose.
One of the most significant ...
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DHL Global Forwarding has launched an artificial intelligence-based tool that allows shippers to use natural-language queries to analyze customs declarations, tariff exposure, duty spending and clearance performance across global operations.
TradeNavigator operates within DHL's TradeConnect platform, which integrates local customs declaration data from more than 75 ...
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HD Hyundai Heavy Industries is working with BAR Technologies, Korean Register and the Liberian Registry to determine whether rigid wind sails can be incorporated into a 174,000-cubic-meter LNG carrier design, potentially extending wind-assisted propulsion into another major deep-sea vessel class.
The companies signed a joint development ...
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Chiquita Fresh North America and TA Dedicated are marking 20 years of a transportation relationship supporting the movement of bananas from U.S. ports into the grocery distribution network.
The partnership represents the inland portion of a highly specialized cold chain in which maintaining temperature, transit times ...
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Crowley will launch a new weekly container service connecting Port Houston with Guatemala and Honduras beginning Sept. 10, expanding direct U.S. Gulf connections with Central America.
The Gulf-Central America Express Service will connect Houston with Santo Tomás de Castilla, Guatemala, and Puerto Cortés, Honduras, with Thursday ...
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United Airlines has introduced a system control preventing regulated dangerous goods shipments from being manifested or loaded unless they successfully complete IATA’s DG AutoCheck process.
The enhancement, deployed globally through United Cargo’s UC360° cargo management system, requires dangerous goods shipments to receive a “PASS” response from ...
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DHL Group reported a 30 percent increase in second-quarter operating profit as higher shipment weights, stronger freight volumes and constrained international airfreight capacity helped lift earnings.
Group revenue increased 13 percent to €22.4 billion from €19.8 billion a year earlier, while operating profit, or EBIT, rose ...
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For more than five months, foreign-flag vessels have been permitted to carry cargo between U.S. ports under an emergency waiver of the Jones Act intended to address an immediate adverse effect on military operations.
The cargoes actually moved under that authority, however, have ranged well beyond ...
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