--- title: Trade News (28) description: Trade News (28) --- - [About](https://www.coleintl.com/services#) - [About Cole](https://www.coleintl.com/about/about-cole/mission-vision-and-values) - [Mission, Vision and Values](https://www.coleintl.com/about/about-cole/mission-vision-and-values) - [Our History](https://www.coleintl.com/about/about-cole/history) - [Culture of Caring](https://www.coleintl.com/about/about-cole/culture-of-caring) - [Careers](https://www.coleintl.com/careers) - [Industries](https://www.coleintl.com/about/industries) - [Aerospace](https://www.coleintl.com/about/industries/aerospace) - [Agriculture](https://www.coleintl.com/about/industries/agriculture) - [Automotive](https://www.coleintl.com/about/industries/automotive) - [eCommerce](https://www.coleintl.com/about/industries/ecommerce) - [High Tech](https://www.coleintl.com/about/industries/high-tech) - [Oil & Gas](https://www.coleintl.com/about/industries/oil-gas) - [Retail](https://www.coleintl.com/about/industries/retail) - 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[Border Wait Times (Canada)](https://www.cbsa-asfc.gc.ca/bwt-taf/menu-eng.html) - [Border Wait Times (U.S.)](https://bwt.cbp.gov/) - [Currency Converter](https://www.coleintl.com/tools-resources/shipping-tools/currency-converter) - [Dimensional Weight Calculator](https://www.coleintl.com/tools-resources/shipping-tools/dimensional-weight-calculator) - [Incoterms](https://www.coleintl.com/tools-resources/shipping-tools/incoterms) - [Wood Packaging Regulations](https://www.coleintl.com/tools-resources/shipping-tools/wood-packaging-regulations) - - [Knowledge Hub](https://www.coleintl.com/tools-resources/knowledge-hub) - [FAQs & Lingo](https://www.coleintl.com/tools-resources/faq) - [Downloadable Guides](https://www.coleintl.com/tools-resources/knowledge-hub/downloadable-guides/) - [Import Foundations](https://blog.coleintl.com/import-foundations) - [Freight Fundamentals](https://blog.coleintl.com/freight-fundamentals) - - - [Resources](https://www.coleintl.com/tools-resources/resources) - [eManifest](https://www.coleintl.com/tools-resources/resources/emanifest) - [Single Window Initiative (SWI)](https://www.coleintl.com/services/custom-brokerage/canadian-customs-brokerage/single-window-initiative-swi) - [Videos: Tips & Tricks](https://www.youtube.com/channel/UC5oW_PP77Umw5r0X9OWpGmQ) - - [Stay Connected](https://www.coleintl.com/tools-resources/stay-connected) - [Cole Blog](https://blog.coleintl.com/blog) - [Trade News](https://blog.coleintl.com/tradenews) - [Request Info](https://www.coleintl.com/services#) - [Services](https://www.coleintl.com/services) - - [Custom Brokerage](https://www.coleintl.com/services/custom-brokerage) - [Importing into Canada](https://www.coleintl.com/canadian-customs-brokerage) - [CBSA/CARM Importer Requirements](https://www.coleintl.com/carm) - [Single Window Initiative (SWI)](https://www.coleintl.com/services/custom-brokerage/canadian-customs-brokerage/single-window-initiative-swi) - [Importing into the U.S.](https://www.coleintl.com/u-s-customs-brokerage) - Importing Vehicles - [Into Canada](https://www.coleintl.com/services/custom-brokerage/importing-vehicles/importing-vehicles-into-canada) - [Into U.S.](https://www.coleintl.com/services/custom-brokerage/importing-vehicles/importing-vehicles-into-u-s) - [Non-Resident Importers (NRI)](https://www.coleintl.com/services/custom-brokerage/non-resident-importers) - [Fulfillment By Amazon](https://www.coleintl.com/services/custom-brokerage/fulfillment-by-amazon) - [Freight Forwarding](https://www.coleintl.com/services/freight-forwarding) - [Shipping by Ground](https://www.coleintl.com/freight-forwarding/ground-shipping) - [Shipping by Ocean](https://www.coleintl.com/freight-forwarding/ocean-shipping) - [Shipping by Air](https://www.coleintl.com/freight-forwarding/air-shipping) - [Large Scale Project Moves](https://www.coleintl.com/freight-forwarding/project-logistics-management) - [Trade Consulting](https://www.coleintl.com/services/trade-consulting) - [Customs & Compliance](https://www.coleintl.com/services/trade-consulting/customs-compliance) - 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[About](https://www.coleintl.com/services#) - [About Cole](https://www.coleintl.com/about/about-cole/mission-vision-and-values) - [Mission, Vision and Values](https://www.coleintl.com/about/about-cole/mission-vision-and-values) - [Our History](https://www.coleintl.com/about/about-cole/history) - [Culture of Caring](https://www.coleintl.com/about/about-cole/culture-of-caring) - [Careers](https://www.coleintl.com/careers) - [Industries](https://www.coleintl.com/about/industries) - [Aerospace](https://www.coleintl.com/about/industries/aerospace) - [Agriculture](https://www.coleintl.com/about/industries/agriculture) - [Automotive](https://www.coleintl.com/about/industries/automotive) - [eCommerce](https://www.coleintl.com/about/industries/ecommerce) - [High Tech](https://www.coleintl.com/about/industries/high-tech) - [Oil & Gas](https://www.coleintl.com/about/industries/oil-gas) - [Retail](https://www.coleintl.com/about/industries/retail) - [Tools & Resources](https://www.coleintl.com/services#) - 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[Non-Resident Importers (NRI)](https://www.coleintl.com/services/custom-brokerage/non-resident-importers) - [Fulfillment By Amazon](https://www.coleintl.com/services/custom-brokerage/fulfillment-by-amazon) - [Freight Forwarding](https://www.coleintl.com/services/freight-forwarding) - [Shipping by Ground](https://www.coleintl.com/freight-forwarding/ground-shipping) - [Shipping by Ocean](https://www.coleintl.com/freight-forwarding/ocean-shipping) - [Shipping by Air](https://www.coleintl.com/freight-forwarding/air-shipping) - [Large Scale Project Moves](https://www.coleintl.com/freight-forwarding/project-logistics-management) - [Trade Consulting](https://www.coleintl.com/services/trade-consulting) - [Customs & Compliance](https://www.coleintl.com/services/trade-consulting/customs-compliance) - [Free Trade Agreements](https://www.coleintl.com/services/trade-consulting/free-trade-agreements) - [Audit & Verification Support](https://www.coleintl.com/services/trade-consulting/audit-response-unit-aru) - 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[Request Info](https://www.coleintl.com/services#) - [Carrier Tools](https://www.coleintl.com/carrier-tools) - [Contact Us](https://www.coleintl.com/contact-us) - [Get a Quote](https://www.coleintl.com/get-a-quote) - [Français](https://www.coleintl.com/services#) × ### Request Info # Trade News Stay informed on the latest trade updates We deliver essential news without the noise. Stay ahead of the evolving trade landscape so you can plan with more visibility and respond before changes impact your business. --- ## [OFAC Announces New Import Ban on Russian Aluminum, Copper, and Nickel](https://blog.coleintl.com/tradenews/ofac-announces-new-import-ban-on-russian-aluminum-copper-and-nickel) Published: May 9,2024 [![](https://blog.coleintl.com/hubfs/Images/Trade%20News%20pictures/U.S.%20Customs-May-14-2024-03-40-08-2276-PM.png)](https://blog.coleintl.com/tradenews/ofac-announces-new-import-ban-on-russian-aluminum-copper-and-nickel) The US issued a new import/export ban on Russian aluminum, copper, and nickel produced after April 12, 2024. Read on to learn more. [Read more](https://blog.coleintl.com/tradenews/ofac-announces-new-import-ban-on-russian-aluminum-copper-and-nickel) ## [Mexico Nearshoring Boom Benefits US Import and Shipping Economy](https://blog.coleintl.com/tradenews/mexico-nearshoring-boom-benefits-us-import-and-shipping-economy) Published: May 9,2024 [![](https://blog.coleintl.com/hubfs/Images/Trade%20News%20pictures/U.S.%20Customs-3.png)](https://blog.coleintl.com/tradenews/mexico-nearshoring-boom-benefits-us-import-and-shipping-economy) The Mexico nearshoring movement has led to a significant increase in imports to the United States, with Mexico surpassing China for the first time to become the leading exporter to the US in 2023 and beyond. Read on to learn more. [Read more](https://blog.coleintl.com/tradenews/mexico-nearshoring-boom-benefits-us-import-and-shipping-economy) ## [CBSA Reveals Transition Update for CARM Release 2 Implementation](https://blog.coleintl.com/tradenews/cbsa-reveals-transition-update-for-carm-release-2-implementation) Published: May 9,2024 [![](https://blog.coleintl.com/hubfs/Images/Trade%20News%20pictures/MISC-3.png)](https://blog.coleintl.com/tradenews/cbsa-reveals-transition-update-for-carm-release-2-implementation) If you’re a Canadian importer, the CARM Release 2 transition might affect your business. Read on to learn more. [Read more](https://blog.coleintl.com/tradenews/cbsa-reveals-transition-update-for-carm-release-2-implementation) ## [Notice for Canadian Importers: Deadline Approaching for Forced and Child Labor Report](https://blog.coleintl.com/tradenews/notice-for-canadian-importers-deadline-approaching-for-forced-and-child-labor-report) Published: May 9,2024 [![](https://blog.coleintl.com/hubfs/Images/Trade%20News%20pictures/CAD%20Customs-3.png)](https://blog.coleintl.com/tradenews/notice-for-canadian-importers-deadline-approaching-for-forced-and-child-labor-report) As the deadline approaches, Canadian importers and international companies engaged in business within Canada are required to submit their forced and child labor reports before May 31, 2024. [Read more](https://blog.coleintl.com/tradenews/notice-for-canadian-importers-deadline-approaching-for-forced-and-child-labor-report) ## [Low Canadian Labor Productivity May Divert Investments to Mexico](https://blog.coleintl.com/tradenews/low-canadian-labor-productivity-may-divert-investments-to-mexico) Published: May 9,2024 [![](https://blog.coleintl.com/hubfs/Images/Trade%20News%20pictures/Free%20trade%20(2).png)](https://blog.coleintl.com/tradenews/low-canadian-labor-productivity-may-divert-investments-to-mexico) As companies look to reposition their supply chains closer to the United States during the nearshoring trend, Mexico is emerging as a favored manufacturing hub. Now, Canada risks missing out on significant investment opportunities to Mexico as Canadian labor productivity continues to falter. Read on to learn more. [Read more](https://blog.coleintl.com/tradenews/low-canadian-labor-productivity-may-divert-investments-to-mexico) ## [Canada’s CSL Acquires 50% Stake in Norway’s Peak Group](https://blog.coleintl.com/tradenews/canadas-csl-acquires-50-stake-in-norways-peak-group) Published: May 8,2024 [![](https://blog.coleintl.com/hubfs/Images/Trade%20News%20pictures/Freight%20(2).png)](https://blog.coleintl.com/tradenews/canadas-csl-acquires-50-stake-in-norways-peak-group) CSL has acquired 50% of Peak Group to offer expanded marine logistics solutions for industrial clients. Read the details here. 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