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Bi-weekly Freight Updates - August: latest news and updates on the worldwide supply chain

Bi-weekly Freight Updates - August: latest news and updates on the worldwide supply chain
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The worldwide supply chain is constantly changing. As we continue dealing with the fallout of pandemic-related supply chain issues, fluctuations in prices, labour disruptions, logistic delays, and port congestion persist. We provide you with freight updates that include some of the latest industry news, helping to keep you on top of the dynamic global supply chain landscape.

Many Canadian exports can avoid Trump tariffs if CUSMA-compliant

Canadian exporters across a wide range of industries have a way to escape U.S. President Donald Trump's blanket tariffs. Read more

U.S. increases antidumping duties on softwood lumber to 20.56 percent

The U.S. Department of Commerce has announced its final decision of the antidumping duty order on softwood lumber from Canada. Read more.

OTA wants tougher truck enforcement to counter U.S. tariffs

The Ontario Trucking Association (OTA) is urging the province to ramp up truck enforcement under Operation Deterrence, in response to an increase of U.S. tariffs against Canada. Read more.

Trump suspends de minimis exemption in blow to online retailers

United States President Donald Trump on Wednesday applied tariffs to low-value imports from all trading partners, a change that could raise costs for American travelers bringing goods into the U.S. after travels abroad. Read more.

Asian container lines set for profit drop as tariff boom fades

A sharp drop in shipping rates could be on the cards later this year after tariff-driven demand in the second quarter pulled forward volumes from the traditional third-quarter peak season. Read more.

About Cole International's Freight Forwarding Services:

At Cole, we’re proud to have been freight forwarders for more than 60 years. Freight forwarders are at the frontlines of today’s global supply chain challenges.
 
These freight industry updates share some of the latest news on global shipping updates, keeping you abreast of the situation and giving you insight into the complexity freight forwarders are navigating at this time. Contact us today to learn how we can streamline your shipping operations.

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