Peak Season Arrives Early and Is Already Impacting Freight Markets
Early demand is reshaping the global container market Container shipping is currently experiencing a strengthening phase driven by an unusual early peak season. Importers in Europe and North America are accelerating orders to get ahead of expected rate increases and potential disruptions, concentrating volumes earlier than usual. This shift is…
Ecuador and Colombia Eliminate Tariffs: What Changes for Bilateral Logistics?
The End of 100% Tariffs Comes into Effect As of June 1, the elimination of tariffs of up to 100% that Ecuador had imposed on imports from Colombia has officially taken effect. The measure was formalized by Ecuador’s National Customs Service (SENAE), which revoked the rate implemented during the most…
TRM, FOB value and CIF value: three acronyms every importer must understand
If you are taking your first steps in the world of imports or exports, you have surely already come across acronyms such as TRM, FOB, and CIF. And yes, at first they may seem confusing, but understanding them is essential to know how much it really costs to move your…