The Mexico-U.S. tariffs 2025 will cause significant disruption to international trade, with a 25% tariff on steel, aluminum, and auto exports beginning March 4, 2025. These new trade policies will have a significant impact on exporters, manufacturers, and supply chains across North America. In this article, we explore how these…
During the Chinese New Year (CNY), celebrated by China and other Asian countries such as Vietnam, Singapore, Malaysia, the Philippines, Indonesia, and North and South Korea, businesses, including factories, will close their doors to welcome the wooden snake, corresponding to 2025. For companies that rely on Asian suppliers, understanding and…
Can you imagine having all the information like the condition of commercial motor vehicles (CMVs) on the highway only with an electronic ID? The Federal Motor Carrier Safety Administration (FMCSA) is considering requiring interstate CMVs to be equipped with “unique identification devices,” also known as “universal identification devices” (UID). This…
Businesses grow and economic rules change along the way. Today, we'll explain what nearshoring is and why so many businesses are starting to use it. Let's get started! What is nearshoring? Nearshoring is defined as a close relocation and refers to the practice of relocating business operations to a…
