Get the latest news and updates on cross-border customs and international trade.
Posted October 03, 2018
Having initially rebuffed Trump’s calls to boost production in order to lower oil prices ahead of the midterms, Saudi Arabia has opened the spigots and is now pumping nearly 11 million barrels per day. Continue Reading
Posted September 25, 2018
Resuming his attacks on OPEC today, Trump accused the cartel of “ripping off” the world by driving up oil prices to “unacceptable” levels while taking advantage of U.S. military protection “for nothing.” Continue Reading
Posted August 13, 2018
A bullish outlook for oil prices following Washington’s re-imposition of sanctions on Iranian crude exports threatens to be upended by a continued rise in greenback strength and a ramp-up in production. Continue Reading
Posted August 09, 2018
Under Economic Issues, International Trade Issues, Logistics & Supply Chain Issues
With fuel prices still rising and freight rate increases falling short of covering extra costs, container shipping lines have resorted to pulling services, cutting capacity and postponing planned new offerings. Continue Reading
Posted August 08, 2018
Under Economic Issues, International Trade Issues, Other Government Departments-Agencies
The U.S. EPA has launched a study of the potential economic impact of an international mandate requiring shipping vessels to burn cleaner fuel might have on the transportation sector, including trucking. Continue Reading
Posted August 07, 2018
Under Economic Issues, International Trade Issues, Other Government Departments-Agencies
Despite objections from European allies and other signatories of the 2015 nuclear deal, Washington yesterday reimposed so-called snapback trade sanctions targeting various sectors of Iran’s economy. Continue Reading
