For importers that paid duties under the International Emergency Economic Powers Act, the situation has now materially changed.
Thi...
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For importers that paid duties under the International Emergency Economic Powers Act, the situation has now materially changed.
Thi...
Fuel surcharges are turning into a second wave of cost pressure for small and midsize businesses, and this time the problem is harder to hedge, harder to predict and, in many cases, harder to explain to customers. Many companies spent the past year adapting to higher input costs, tariffs and lingering softness in demand. Now they are being forced...
PNG Worldwide is closely monitoring major changes in the North American freight market as truckload capacity tightens across the United States and Canada. Rising diesel prices, new CDL enforcement, seasonal shipping demand, and shifting intermodal economics are beginning to reset transportation rates and carrier availability.
After a long period of soft conditions in t...
US importers received a brief moment of relief earlier this year when a February decision by the US Supreme Court overturned a major tariff program that had resulted in billions of dollars in duty payments. For many businesses, the ruling created hope that at least some of the extraordinary cost pressure of the past several years might finally ...