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Global Soft Landing in Sight, Raises 2024 Economic Growth Outlook
The International Monetary Fund (IMF) recently released an updated economic outlook, signaling a positive development for the global economy. The report forecasts a soft landing and an uplifted growth outlook for 2024. This upgrade comes alongside improved prospects for the two largest economies, the United States and China, citing a faster-than-expected easing of inflation as…
CBP Halts Commercial Truck Cargo Processing at Texas Port of Entry
The U.S. Customs and Border Protection (CBP) has temporarily suspended commercial truck cargo processing at a texas port of entry in El Paso, Texas. This decision comes as border agents in West Texas shift their focus to immigration duties due to a significant increase in migrant attempts to cross into the United States. According to…
2016 Sweetheart Giveaway
Fall in love with training that will help you minimize costs and accelerate your global trade operations. We want to make this month extra special, so let us woo you with your chance to win this year’s Sweetheart Giveaway. Register for any upcoming training and you’re automatically entered to win an Apple Watch. Sign up…
Top 10 changes with Cuba as a result of new revised OFAC and BIS regulations
As of January 27th, 2016, both OFAC and the BIS have amended their regulations again, and below details the top 10 changes as a result. The last update was on September 21, 2015, and can be found here. While the United States maintains its broad embargo on trade with Cuba, OFAC and BIS have released amendments to…
Supply Chain Security: Why Businesses Need to Take Action Against Sophisticated Cyber Threats
Businesses of all sizes face cyber threats, and supply chain attacks are becoming increasingly sophisticated. A recent example, provided by SANS Institute Director of Emerging Security Trends John Pescatore, involved a procurement manager at a mid-size company who received a text message from the CEO offering a 30% discount if they paid their invoice by…
LCL (Less Than Container Load), or FCL (Full Container Load): That Is the Question
When 20’ and 40’ full containers make up 90% of all goods shipped around the world, a common question arises with newer shippers: “What if I don’t have enough freight to fill a full container?” In this case, LCL (Less-than-Container-Load) may be right for you. Don’t judge a shipper by their carton count LCL offers…