The White House issued a new Section 232 proclamation establishing a tariff framework for patented pharmaceuticals and associated ingredients. The action links duty exposure to patent status, country of origin, and company participation in onshoring and pricing agreements. The structure is targeted, conditional, and designed to differentiate between patented [...]
Transpacific ocean networks are starting to feel the effects of tightening fuel availability across key bunkering hubs. Industry experts note that rising fuel costs are influencing how carriers are managing vessel deployment, particularly on eastbound lanes. Operations remain steady overall, but adjustments like slower sailing speeds and revised fueling [...]
U.S. Customs and Border Protection (CBP) is refining how metal content should be calculated for Section 232 tariff reporting. In informal notification to carriers, CBP provided guidance explaining that the current interpretation maintains the framework used for steel and aluminum, aligns copper with that methodology. The informal guidelines also introduces [...]
Global freight conditions in Week 13 remained stable across key trade lanes, with targeted capacity pressure emerging in parts of Asia and increased volatility tied to fuel markets. Ocean capacity remained balanced overall, while air cargo conditions were influenced by fuel-driven adjustments and network changes linked to Middle East [...]
U.S. Customs and Border Protection (CBP) clarified how existing Customs broker regulations apply to digital service platforms in Ruling HQ H350722. The decision evaluates whether an unlicensed foreign company offering importer support services through an online platform is conducting Customs business without a license. While certain platform functions were found [...]
Mid-March conditions are being shaped by vessel rerouting and longer transit paths tied to ongoing disruptions in the Middle East. These changes are starting to impact schedule reliability and container circulation, with early signs of imbalance developing across key trade lanes. China-origin volumes are expected to recover gradually, while [...]
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Early March finds global logistics networks adjusting to post Lunar New Year production recovery while vessel deployments and regional disruptions influence capacity allocation across several trades. Asia origin gateways are transitioning from holiday slowdowns toward normal production cycles, with execution conditions varying by port and service. Vessel repositioning tied [...]
Late February finds the freight market adjusting to extended berth congestion across Asia-U.S. trade lanes alongside renewed tariff policy developments in Washington. North and South Asia origins are reporting longer vessel waiting times as networks normalize following Lunar New Year blank sailings. India-origin cargo is beginning to reflect moderate [...]
Stay up-to-date on freight news with Green’s Weekly Freight Market Update by following us on LinkedIn. For continuous updates, make sure to check out our website at greenworldwide.com.
