News

Compliance

President Trump Announces 50% Tariffs for Steel and Aluminum, Effective June 4th

The below was taken from the NCBFAA: As reported by International Trade Today (ITT), President Trump in a Truth Social post said he has authorized the increase of the steel and aluminum tariffs from 25% to 50%, effective June 4th. NCBFAA will provide members with additional details and Customs and Border Protection (CBP) guidance as it … Continued
Compliance

Follow-Up to May 28th CIT Opinion Invalidating IEEPA Tariffs

The following was taken from an overview provided to the NCBFAA from Legislative Advisors Sandler, Travis & Rosenberg, P.A.  So, what does all of the above mean to importers and their customs brokers? Tariffs: For the time being, tariffs will remain in place. The appeals court ordered that no action be taken until they have had … Continued
Compliance

The Court of International Trade (CIT) Opinion Vacates Both Trump Administration Reciprocal and Fentanyl Tariffs

The following was taken in part from International Trade Today and the NCBFAA Legislative Advisor Nicole Bivens Collinson of Sandler, Travis & Rosenberg, P.A. On Wednesday evening, May 28th, the Court of International Trade (CIT) issued its opinion in both V.O.S Selections Inc. et al v. Donald J. Trump et al: Court No. 25-66 and The State … Continued
Domestic

RIM US Inland Digest | May 27th, 2025

Fuel Updates Tender rejections are on the rise for the first time since early Q1, which is a great sign that capacity is tightening. With Memorial Day behind us, seasonal summer volume should see an uptick from now until the Fourth of July holiday. Reefer Freight: National average for reefer: Van Freight: National average for dry … Continued
Domestic

RIM US Inland Digest | May 20th, 2025

Fuel Updates Fuel is at $3.536 for the week, which is up from $3.476 the previous week. Last week’s DOT blitz led to tighter capacity, with many drivers taking time off, despite expectations of little to no impact. Spot rates increased as inspections slowed many trucks on the road, reducing overall availability. However, the market … Continued