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CBP collects $1 billion since end of de minimis loophole
January 1st, 2026
In mid-December U.S. Customs and Border Protection (CBP) reported that it has collected more than $1 billion in duties on more than 246 million low-cost shipments since the phasing out the de minimis loophole began May 2, 2025. The phaseout began with low-value shipments from China and Hong Kong no longer being eligible for duty-free […]
NRF: Imports building toward August peak
July 11th, 2023
Imports cargo volume at the nation’s major container ports is expected to climb toward an August peak this summer, according to the Global Port Tracker report released by the National Retail Federation and Hackett Associates. But even though a tentative contract agreement has been reached at West Coast ports, retailers are closely following labor disputes […]
Ports slowing from record highs
November 10th, 2022
Retailers expect a busy holiday season the next two months but imports at the nation’s major container ports should continue to slow from records set earlier in the year, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “Cargo levels that historically peak in the fall […]
Slowing imports
August 12th, 2022
After a record-setting spring, imports at the nation’s major container ports are expected to slow significantly for the remainder of the year, but 2022 should still see a net gain over 2021, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “Retail sales are still growing, […]
Depreciation of Euro increases EU textile prices
October 26th, 2015
The average price of EU textile and clothing imports jumped 14.2 percent during the first quarter of 2015, says the latest issue of Textile Outlook International from Textiles Intelligence. The value of the euro had depreciated by 18.9 percent in the second half of 2014, leading to EU product price increases—the average price of clothing […]