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Top Stories: Page 60
CBP Lays Out Process for Claiming Tariff Refunds
Importers and authorized brokers should anticipate that valid IEEPA refunds will generally be issued within 60-90 days following acceptance of the CAPE Declaration, CBP said.
Port of LA’s Volume Figures Remain Healthy
Between January and March 2026, POLA handled 2.4 million TEUs, down 5% from last year.
Open or Closed? Conflicting Messages Abound About the Strait of Hormuz
U.S. Centcom added more confusion by sending a note to seafarers saying the blockade would only be enforced in waters east of the strait of Hormuz.
$1M Lego Heist Thwarted
It was not clear whether the men had intentionally targeted the shipments of the plastic bricks, which have become more elaborate and valuable for customers who treat them as commodities.
Billionaire Aponte Passes on Shipping Giant MSC to Heirs
The announcement opens a small window into the workings of the Geneva-based firm that has increasingly dominated worldwide shipping in recent years.
Trump Says U.S. to Seal Hormuz Strait, Severing Key Iran Lifeline
If Trump orders the Navy to blockade the strait itself, he puts U.S. assets in danger of Iranian missiles.
China to Ban Sulfuric Acid Exports as War Hits Supply
Sulfuric acid prices have been rising since the start of the Iran conflict, as it’s a product of oil and gas refining in the Middle East.
CBP Expands Product Authentication Tech Program
The program addresses a growing challenge: the scale and sophistication of counterfeit goods entering global supply chains.
Asian Nations Push U.S. to Extend Sanctions Waiver on Russian Oil
European allies are pushing to limit any financial benefit to Russian President Vladimir Putin, and Asian nations are grappling with energy shortages from the war with Iran.
Shipping Remains Severely Constrained in Hormuz
The mechanism by which ship operators get permission from Iran to transit the strait remain unclear, over questions as to who is actually in charge.
USPS Asks to Raise Stamp Price to 82 Cents to Ease Cash Crisis
The proposed 4.8% price hike will be reviewed by the Postal Regulatory Commission, and if approved, would go into effect July 12.
Report: FCC Ban on Foreign Routers Misses Root Cause of Cyber Risk
Many of the vulnerabilities that make consumer routers attractive targets for hackers have little to do with where they are built.
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