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On January 13, 2020, U.S. Customs and Border Protection (CBP) announced in a press release that a region-wide Withhold Release Order (WRO) for cotton and tomato products made by slave labor in Xinjiang would go into effect immediately.
Source: National Retail Federation Press Release – January 8, 2021 Imports seen during 2020 appear to be headed toward a new record despite the coronavirus pandemic, and remain at high levels as 2021 begins, according to the monthly Global Port
2020 has been a strong year for e-commerce market. As per a recent report from Statista, the annual e-commerce revenue had reached almost USD 2,500 billion worldwide. Having earned over USD 1,400 billion, Asia made up over half of the
Source: Institute for Supply Management – January 4, 2021 Economic activity in the manufacturing sector grew in December, with the overall economy notching an eighth consecutive month of growth, say the nation’s supply executives in the latest Manufacturing ISM® Report
The double-digit percentage year over year volume growth on the Asia to U.S. trade-lane is expected to continue well past the Lunar New Year holiday (Feb 12) and potentially accelerate as Spring volumes match or exceed prior year. It is
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