Even balanced against elevated levels earlier this year, total 2025 cargo volume could show a net decline of 15% or more unless the situation with tariffs changes.
As governments worldwide ramp up regulatory oversight with advanced digital systems, VAT compliance has transformed from a routine obligation into a strategic priority.
The survey was enacted after the U.S. presidential election, but before President Donald Trump began enacting his promised punitive trade tariffs against America’s trading partners.
Trump has described himself as a master dealmaker. But the retreat from his Canada and Mexico duties had all the hallmarks of trade policy being shaped on the fly.
The long-promised tariffs scheduled to take effect March 4 would easily be among the most sweeping of the Trump era, applying to roughly $1.5 trillion in annual imports.
The latest supply-chain news, analysis, trends and tools for executives in the consumer packaged goods industry. Learn how consumer packaged goods companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
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