Flexport

📣 CBAM Update: Relief for Small Importers 📣 The Dutch Emission Authority released an important update on the EU’s Carbon Border Adjustment Mechanism (CBAM) and it’s good news for many importers. Companies importing less than 50 metric tonnes per annum of CBAM-covered goods are no longer required to submit quarterly reports. That’s a big administrative burden lifted, especially for smaller businesses navigating the evolving compliance landscape. We broke down what this means in our latest blog 👇 https://lnkd.in/eZg-divB #CBAM #Sustainability #TradeCompliance #Logistics #SupplyChain #Flexport

Flexport CEO Ryan Petersen appeared on the latest edition of The Verge’s Decoder podcast, where he provided his perspective on recent tariff and trade developments. Even with rising tariffs, Ryan stated, the U.S. consumer market will likely remain dominant. “Brands will want to be more global, and [tariffs] might accelerate some of that,” Ryan told Nilay Patel. But “it’ll be very hard to replace the U.S. consumer, just as it’ll be hard to replace China as a manufacturing site.” Listen to the full episode and read the recap here: https://flx.to/decoder-LI

Flexport was featured in today’s print edition of the The Wall Street Journal! Sweeping tariffs have brought a new wave of uncertainty to global trade. While no tool can precisely forecast what’s next, AI and other technology can dramatically streamline the way businesses react—specifically when it comes to timely decision making and scenario planning. “Flexport helps companies use AI to extract supply chain data locked up in invoices, email attachments, and spreadsheets,” CEO Ryan Petersen said. “It’s really about monitoring and being very quick to react. [It’s about] being able to say, ‘This is what happened, this is what it would mean for customers, this is how much you’re getting hit, this is what it would’ve been if you were shipping from a different country.’” Read the full article here: https://lnkd.in/eVS3eyTW

Tariff turbulence, temporary tech tariff relief, and freight market shifts—here’s what you need to know this week in global logistics: 🇺🇲 🇨🇳 U.S.–China Trade War Escalates: Tariffs on Chinese imports have surged to 145%, with China retaliating at 125% on all U.S. goods. Major disruption is already rippling through global supply chains. 📱 Temporary Exemptions for Electronics: Smartphones, semiconductors, and other tech goods are temporarily exempt from the new U.S. tariffs—but only if importers follow strict classification rules (HTS 9903.01.32). Exemptions are retroactive to April 5. 🚢 Ocean Freight Trends: • Bookings from China down; carriers blanking sailings to cut capacity • Southeast Asia booking volumes steady, but not offsetting lost China volume • Far East to Europe routes now facing oversupply from vessel reallocation • Rates holding—but pressure is building across lanes ✈️ Air Freight Update: • Eid plus tariffs have led to a 7% WoW global air cargo volume decrease  • But rates are up as capacity stays tight and carriers hold the line Read the full breakdown in the newsletter below—and don’t forget to subscribe for future updates: https://flx.to/lyg #supplychain #logistics #freightmarket #freightindustry #oceanfreight #oceancargo #oceanshipping #airfreight #aircargo #airshipping #trucking #intermodal #railfreight

Next Tuesday (April 22), join us for a co-hosted webinar spotlighting Flexport’s partnership with SHEIN Marketplace, US. Darby Meegan, Flexport’s Senior Sales Director of Omnichannel, and Daniel Barry, SHEIN Marketplace’s Partnership Development Lead, will explore: • How Flexport supports SHEIN Marketplace sellers with seamless end-to-end fulfillment solutions • Navigating the Flexport Seller Portal to manage and track inventory • Successfully scaling your business by selling on SHEIN Marketplace Register and tune in on the SHEIN Marketplace platform: https://lnkd.in/dbDCSRn8

U.S. tariff developments continue to reshape global trade. With the recent imposition of a 145% tariff on Chinese imports and the elimination of duty-free "de minimis" shipping from all countries, navigating customs and ensuring accurate imports just got even more challenging. Join Flexport’s upcoming Tariff Update webinar with Angela Lewis, Anna Zajac and Steven Lunn to get the latest on what’s happening and what it means for your shipments. Plus, learn practical tips for customs clearance and ensuring accurate imports. 📅 April 23 | 17:00 CEST/ 16:00 BST / 11:00 am ET / 8:00 am PT 🔗 Register here: https://lnkd.in/eUNeuad7

New regulations are raising the bar for supply chain data. With the introduction of Carbon border taxes, Forced labour laws and Deforestation regulations. All requiring detailed, accurate info, from multiple sources such as B/Ls and commercial invoices to contracts and certificates. Still digging through emails to find it all manually? In this clip, Douglas Brown explains how AI can extract shipment data straight from PDFs and emails and feed it into your systems automatically 👇 For more ways tech is transforming supply chains, watch the full webinar with Douglas Brown, Alex Nederlof, and Mathijs Slangen on demand here 👉 https://lnkd.in/er3YvEwf

On May 7th, Flexport is hosting an evening of networking, insights, and good conversation at Encore Casino, and you’re invited! We’ll unpack what’s ahead for the ocean freight market and tariff landscape in 2025 — hot topics for anyone in supply chain and logistics right now. Whether you're tackling these challenges daily or just curious about what’s coming next, it’s a great chance to learn, share, and connect with others in the space. 👉 Hope to see you there!

In this week’s newsletter: On Wednesday, President Donald Trump announced a 90-day suspension of country-specific reciprocal tariffs for all trade partners except China—less than 24 hours after they were implemented. This means that all other countries (except for China) now have reverted to the universal baseline tariff of 10%, originally set on April 5, for the duration of the pause. China, however, has now faced a tariff rate of 125%, up from the 84% rate that took effect on Wednesday. Also on Wednesday, the White House issued an Executive Order titled "Restoring America’s Maritime Dominance," laying out a strategy to revitalize U.S. commercial shipbuilding and strengthen the maritime workforce. A key part of the Executive Order is aimed at fixing a loophole in how the Harbor Maintenance Fee (HMF) is applied. Read the full breakdown in the newsletter below—and don’t forget to subscribe for future updates: flx.to/gqv #supplychain #logistics #freightmarket #freightindustry #oceanfreight #oceancargo #oceanshipping #airfreight #aircargo #airshipping #trucking #intermodal #railfreight

How can businesses mitigate the impact of tariffs? One major strategy is duty drawback, which lets U.S. manufacturers and exporters recover up to 99% of the duties, taxes, and fees paid on imported goods upon their exportation or destruction. Regular tariffs, Sections 201 and 301 tariffs, and IEEPA reciprocal tariffs are eligible for duty drawback. On the other hand, Section 232 tariffs, IEEPA fentanyl tariffs, antidumping and countervailing duties, and agricultural over-quota duties are not. For a comprehensive eligibility breakdown, including details on covered products, impacted countries, and aggregated HTS codes, check out our live blog: https://lnkd.in/eVfytJjS And learn more about Flexport's duty drawback program here: https://lnkd.in/eGdwiSHY