Tag: United States

By: Frank McGuigan, CEO, Transplace On July 1, 2020, the new USMCA trade treaty between the United States, Mexico, and Canada will replace the current NAFTA treaty. The new agreement updates the 1993 North American Free Trade Agreement (NAFTA) and is the result of more than a year of negotiations between the three countries. Goods…

Logistics industry specialists can look to Transplace’s Logistics Quarterly Market Update and Outlook Report to gain insights from Q2 2020 and an outlook for what’s to come. The report spotlights the impact of the COVID-19 pandemic on the global supply chain. Using proprietary analytics and benchmarking statistics from Transplace’s $9+ billion in freight-under-management, the quarterly…

By: Mollie Bailey, Vice President, International, Transplace & Linda Bravo, Director U.S. Customs Brokerage, Transplace While recent news headlines have been dominated by the ongoing trade discussions between the U.S. and China, a new ruling from arbitrators at the World Trade Organization (WTO) may have flown under the radar. This ruling is sparking a new conflict…

The international trade community often faces new challenges due to changes to various national and international regulations and laws, and the Mexican customs landscape is no different. Recent adjustments to the Official Mexican Standards (i.e. NOMs) have created implications for cross-border trade; additionally, ICC’s Incoterms rules, the world’s essential terms of trade for the sale of…