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Sadie Keljikian, Express Trade Capital After a year of investigations, China announced fines for eight international shipping companies for violating price fixing laws. The fines represent the most significant attempt by authorities to crack down on colluding in a sudden enforcement of an…
Drew Cohen, Express Trade Capital The nascent, burgeoning big data lending industry shows few signs of abating. For the foreseeable future, it will continue to complement, rather than supplant, traditional lenders. In the next five years, competition, as well as…
Sadie Keljikian, Express Trade Capital After a prolonged malaise, Vietnam’s manufacturing industry has re-emerged as a significant player in the global clothing supply chain. For years, the Vietnamese garment industry has suffered a shortage of local raw materials stymieing opportunities for…
Sadie Keljikian, Express Trade Capital This past weekend marks the highest December temperatures in 142 years, so naturally, consumers are not overly eager to buy winter coats, boots and gloves. As a result, many clothing retailers are suffering massive drops in…
Sadie Keljikian, Express Trade Capital East Africa is slowly becoming a popular location for apparel sourcing. Two years ago, European companies including H&M, Primark, and Tesco began sourcing some of their casual wear from Ethiopia. Others in the industry quickly…
U.S. Customs and Border Protection (CBP) has entered the third phase of its renewed Generalized System of Preference (GSP) Retroactive Refund Processing. The system was enacted on July 29th, 2015 and remains in effect through December 31, 2017. During the third phase, importers…
Mark Bienstock, Managing Director Bangladesh showed a significant turnaround in the level of exports to the USA in September. Financial pressures regarding labor increases in China have forced many importers and retailers to focus on increasing their Bangladesh expansion. There is…
Sadie Keljikian, Express Trade Capital The international shipping industry is preparing for a PR backlash and new rounds of taxes in the aftermath of the upcoming Paris Climate conference. The annual United Nations summit, which is set to take place November 30th through…
Sadie Keljikian, Express Trade Capital Officials warn that a second explosion at the port in Tianjin, China on October 12th could have contaminated goods scheduled for export. The FDA is requiring importers to submit entry and shipping documents for all human…
US Customs and Border Protection (CBP) has completed 98% of the automatic refunds for Generalized System of Preference (GSP) for entries filed with the “A” SPI and were duty paid. CPB is reviewing the remaining 2% of qualifying entries for…