EU imposes €3 duty per parcel, ending de minimis exemption
The European Union ended its de minimis customs exemption on 1 July 2026, imposing a €3 duty per item on ...
Region: Latin America
CXMT inks $3B memory deal with Tencent, targets $4.2B IPO
ChangXin Memory Technologies (CXMT) has secured a $3 billion memory supply deal with Tencent, signaling growing commercial validation for China's ...
Lao Cai Cinnamon Supply Chain Stalls: 40 Tons of Essential Oil Stockpiled, Raw Material Price Falls to 1,400 VND/kg
Lao Cai Province in northern Vietnam produces trillions of VND worth of cinnamon annually, yet faces severe supply chain constraints: ...
Modern Logistics, Raindo, Alaska Airlines each acquire two 737-800 freighters
Modern Logistics in Brazil, PT Rusky Aero Indonesia (operating as Raindo United Services), Alaska Airlines, and Bluebird Nordic in Iceland ...
Trump pledges 50% tariff on Brazilian imports amid $92B trade
Former U.S. President Donald Trump announced plans to impose a 50% tariff on Brazilian imports, citing concerns over the prosecution ...
Imperative Logistics Acquires Jose D. Gonzalez, CHB for Cross-Border Expansion
Imperative Logistics acquired Jose D. Gonzalez, CHB effective June 22, 2026, integrating a 30-year customs brokerage firm founded in 1994. ...
MSC raises Asia-Europe FAK to $7,500/40ft amid double-digit spot rate surges
Container spot rates surged again in mid-June as carriers implemented new surcharges and FAK hikes effective 15 June. The WCI ...
Amkor, TSMC ink pact to scale Peoria semiconductor packaging hub
Amkor Technology and TSMC have signed a memorandum of understanding to expand collaboration at Amkor’s $1.2 billion Peoria, Arizona advanced ...
Jaxport appoints Magaña as LatAm sales director
Juan Pablo Acosta Magaña has joined Jaxport as Director of Cargo Sales for Latin America, a newly created role. With ...
US exempts 200+ food, ag products from Brazil tariffs
The U.S. has exempted over 200 food and agricultural products from Brazil from tariffs, including coffee, orange juice, sugar, beef, ...
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