By Kylie MacLellan and Susanna Twidale (Reuters) Britain will implement a new carbon import levy on some products from 2027 to help to protect businesses against cheaper imports from countries with…
https://gcaptain.com/new-uk-carbon-import-levy-protectionist-tariffs/
Global supply chains have seen an exciting, difficult, and momentous decade so far in the 2020s, and while almost all indications point to 2023 being slightly more “normal,” the sector is still expanding and changing. Let’s look at the issues that supply chain managers need to be concerned about in 2023, as reported by Marine Digital.
1. Businesses will shift from survival mode to growth modeThe majority of supply chain management experts have been battling supply...
https://mfame.guru/top-12-supply-chain-trends-what-to-expect-from-logistics-in-2023/
The e-commerce world is getting smaller, and millennials are increasingly driving the trend. To address this, direct-to-consumer (DTC) e-commerce platform ESW announced an agreement with UPS that will speed up shipments of international e-commerce orders for its customers.
ESW provides enterprise commerce solutions for brands, including compliance, data security, fraud protection, taxes and tariffs as well as checkout, delivery and returns services. The company’s technologies include Symphony...
Port authorities in Los Angeles and Long Beach plan to start assessing and collecting late fees on loaded import containers that remain on the docks for extended periods as soon as Nov. 15. The information was disclosed in agendas for emergency meetings of the respective harbor commissions on Friday.
The boards will vote on plans submitted by port staff to charge ocean carriers $100 per day, increasing in $100 increments per container per day, for containers scheduled to move locally by truck...
https://www.freightwaves.com/news/socal-ports-could-fine-carriers-for-tardy-containers-by-nov-15
Global e-commerce is enabling direct-to-consumer (DTC) brands to sell their products in hundreds of countries at a time. Shipping those goods, though, can be problematic with tariffs and duties, various tax rates and currency conversion issues.
Shopify’s Oberlo brand estimates that 2.14 billion people will shop online in 2021 and Statista said that the average order value for an international sale is $147, a 17% premium over the average domestic sale for a U.S.-based seller. It also found that...
As Home Depot heads into its busy spring project season – when shoppers build backyard decks and buy patio furniture – it is tangling with surging costs for goods and transportation, on top of tariffs that cost it and other U.S. importers billions of dollars, reports Reuters.
The pressureAcross the United States, major retailers and makers of everything from Peloton spin bikes and La-Z-Boy recliners to Kia Sorrento SUVs are battling the same profit-squeezing pressures. They pass those costs...
https://mfame.guru/major-retailers-struggle-with-surging-transportation-and-tariff-costs/
Every piece of the retail supply chain ultimately has to bow to trade policies and tariffs enacted by overseeing governments. On this episode of Point of Sale, host Andrew Cox explores the ins and outs of U.S. policy with retail analyst, Forbes contributor and former American Apparel & Footwear Association President Rick Helfenbein.
The Trump administration put several policies into place that severely impacted the retail industry. One of the earliest was the Chinese 301 tariffs, which were...
https://www.freightwaves.com/news/how-trade-policies-affect-retailers-point-of-sale
Factories in Vietnam and southern China are working through their lunar new year holidays to catch up with production backlogs.
But getting goods to market is a challenge, thanks to bottlenecks in shipping capacity.
For Vietnam, the problem is more pronounced, as it also threatens the inbound flow of raw materials for manufacturing, which could slow the country’s meteoric rise and force some sourcing back to China, warned Akhil Nair, VP global …
The post Intra-Asia disruption threatening...
https://theloadstar.com/intra-asia-disruption-threatening-vietnams-factories-and-export-growth/
Gina Raimondo will play a significant role implementing President Biden’s economic and trade agenda for lifting up the working class if the U.S. Senate, as expected, confirms her as secretary of commerce.
Lawmakers view her as a steady hand who will return the department to many of its traditional roles supporting business in stark contrast to predecessor Wilbur Ross, the billionaire businessman who mostly disappeared in the second half of the Trump administration after initially pushing...
https://www.freightwaves.com/news/raimondo-vows-to-pursue-pro-worker-industrial-climate-policies
Fees related to exports could be reduced and fees related to some imports could be increased in Victoria, the Essential Services Commission has indicated, following an application by the Port of Melbourne to change its tariffs.
The tariff re-balancing relates to wharfage fees on certain full containers. All other prescribed services will be adjusted by inflation in 2021-22, in accordance with the Tariff Adjustment Limit.
The Port of...
https://shippingaustralia.com.au/regulator-to-review-port-of-melbournes-application-to-alter-fees/