How to Avoid Demurrage and Detention Charges
Demurrage and detention charges often go unnoticed in ocean shipping, yet understanding them is crucial. By recognizing these distinctions, you can avoid extra expenses and enhance your supply chain’s efficiency. This article covers everything you need to know...
Friendshoring Strategy: Merits & Myths
Friendshoring. Sounds like a nice word, doesn’t it? It evokes images of two countries holding hands and happily walking down the path to duty-free trade. But shifting production to more “tariff-friendly” countries isn’t necessarily the free pass some think it is....
Will Expansion of U.S. 301 Tariffs Send China Plus One Strategies into Hyperdrive?
President Biden’s recent expansion of 301 tariffs on certain China imports may send corporate China Plus One (C+1) initiatives into hyperdrive as more and more manufacturers relocate production from China to tariff-friendly countries in Southeast Asia and India....
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