The Generalized System of Preferences (GSP) program was created to encourage economic development for emerging economies in qualifying countries by reducing tariff burdens on U.S. companies to encourage investment and partnerships in those places. The program has been regularly renewed but lapsed in 2021 and Congress has not been able to reach an agreement on renewal for a…
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Carriers Suspending Asia-to-U.S. Services
There are clear indications that the carriers are worried about the strength of the Asia-to-U.S. market. Rates are on a downward trajectory and services are being suspended. These are telltale signs that the demand is not close to rebounding. The carriers have canceled hundreds of sailings since the beginning of July in the Asia-to-U.S. market. However, they have shown…
CONTINUE READINGU.S. Retail Intelligence – October
September 29 – Spooky Season Kicks Off with New Trends Grocers aiming to scare up sales during the Halloween selling season are tapping into trends to meet shopper interests and needs. From: Progressive Grocer September 29 – Kohl’s Hires Former Tuesday Morning Chief Hand To Lead Store Operations Kohl’s announced the appointment of former Tuesday Morning CEO Fred Hand to…
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