'Collateral damage?' US Customs crackdown alarms importers and brokers
The going is about to get tougher for those importing goods into the US and ...
GXO: CONTRACT RENEWALFDX: SELL-SIDE REACTION TO INTERIMSFDX: CONF CALL FDX: EARNINGS BEAT FDX: FREIGHT SPIN-OFF UPSIDEPLD: 'OPPORTUNISTIC DEAL-MAKING'PLD: REJECTED BY SEGROPLD: HUNTINGKNIN: BOND FINANCINGWTC: UP WE GODHL: NEW CFO APPOINTMENTFDX: TRADING UPDATE ON THE WAY TSLA: ON THE MENDGM: TECH STARTUP LISTINGDSV: NEW HIGH TARGET CHRW: BOLT-ON DEAL TIMEDHL: GO GREEN
GXO: CONTRACT RENEWALFDX: SELL-SIDE REACTION TO INTERIMSFDX: CONF CALL FDX: EARNINGS BEAT FDX: FREIGHT SPIN-OFF UPSIDEPLD: 'OPPORTUNISTIC DEAL-MAKING'PLD: REJECTED BY SEGROPLD: HUNTINGKNIN: BOND FINANCINGWTC: UP WE GODHL: NEW CFO APPOINTMENTFDX: TRADING UPDATE ON THE WAY TSLA: ON THE MENDGM: TECH STARTUP LISTINGDSV: NEW HIGH TARGET CHRW: BOLT-ON DEAL TIMEDHL: GO GREEN
Forwarders are reporting concerns that shipments of medical supplies may not get through to their intended destination, as countries impound them en route for their own needs. The US has been particularly busy on this front, according to various media reports – so much so, in fact, that the Germans have accused it of “modern piracy”.
Added to this is the fact that it’s now not only governments and states competing for medical equipment and personal protective gear: retailers and warehousing are among industries now sourcing equipment for their staff.
If that wasn’t enough, there are further difficulties in obtaining heavily in-demand medical goods following new strict Chinese regulations on exports, as The Loadstar reported last week.
It’s a big ol’ battle out there…
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Comment on this article
Howard Schweizer
April 06, 2020 at 4:35 pmGet used to it