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Import Cargo Volume Expected to See Year-Over-Year Drop During First Half of 2026
Import volume at the nation’s major container ports is expected to see a significant year-over-year decline during the first half of 2026 as the impact of tariffs continues, according to the Global Port Tracker report released today by the National Retail Federation and Hackett Associates.
“With tariffs still a matter of debate in the courts and in Congress, their effect on imports is being clearly seen,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “The situation underscores the need...
Feeder Vessel Transfers Disqualify Cargo from In-Transit Tariff Exemption Under IEEPA
The US Customs and Border Protection (CBP) has provided clarification regarding the application of the in-transit tariff exemption under the Reciprocal Tariff Executive Order, with specific implications for feeder vessel operations. In guidance released on May 15, CBP confirmed that cargo transferred from a feeder vessel to a US-bound vessel after April 5, 2025, will not qualify for the in-transit exemption.
Under the International Emergency Economic Powers Act (IEEPA), cargo that was loaded before April 5 and remains...
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