US CBP sees 90% fall in revenue last month; airfreight sees ecomm slide
February may have been the month in which the US suspended its de minimis exemption ...
Foreign airlines are said to have reacted strongly to an emergency security change to US Customs regulations on airfreight, at least one carrier temporarily halting cargo sales as it seeks more clarity on the sudden additional requirement.
According to sources, an emergency amendment – with restricted access – has been passed by the US Transportation Security Administration (TSA) requiring carriers to submit additional details of shippers and consignees to the US Customs and Border Protection agency.
Keep our news independent, by supporting The Loadstar
Spot rates on transpacific surge after news of tariff time-out
European port congestion now at five-to-six days, and getting worse
'Cargo collision' expected as transpacific capacity tightens and rates rise
Houthis declare blockade of port of Haifa – 'vessels calling will be targets'
Another CMA CGM vessel heading for Suez Canal – 'to mitigate schedule delay'
Ocean rates rise after tariff pause acts as 'starting gun' for more front-loading
News in Brief Podcast | Week 20 | 90-day countdown, India and Pakistan
Demand for transpac airfreight capacity returning – but 'it's not ecommerce-driven'
CMA CGM will carry on investing after 'solid' Q1, despite unclear outlook
Air cargo forwarders stick to spot rates – a long-term contract would be 'foolish'
Brazil's outdated and inefficient ports the barrier to economic growth
Comment on this article