Latest News
Supply Chain Updates—February 25, 2026 Newsletter
Tariff & Trade Updates 10% Temporary Tariff Under Section 122 Currently in Effect; 15% Rate Pending Further Executive Action: Following the Supreme Court’s decision invalidating the Administration’s use of the International Emergency Economic Powers Act (IEEPA) for tariff measures, the President issued an Executive Order implementing a 10% across-the-board tariff…
Supply Chain Updates—February 13, 2026 Newsletter
U.S. containerized import volumes reached 2,318,722 TEUs in January, showing a seasonal rebound from December’s slowdown and slightly exceeding the long-term average for the month. An indicator that import activity is normalizing amid uncertain trade conditions. The World Economic Forum highlights that global supply chains are facing increasing uncertainty due to geopolitical tensions, rising costs, and fragmented trade policies, making resilience more critical than ever. We are committed to helping customers navigate…
Supply Chain Updates—January 28, 2026 Newsletter
Global supply chains are entering a period of structural volatility, according to a World Economic Forum report. Businesses are reevaluating how they plan and invest, prioritizing responsive networks. Such adaptability is a key competitive advantage, enabling importers to navigate uncertainty while maintaining reliable access to goods and markets. The White House announced adjustments to U.S. imports of semiconductors and related equipment to support domestic industry and strengthen supply chains. This guidance clarifies…
Newsflash: India and Turkey to be Terminated from GSP
Please be advised, India and Turkey will be terminated from Generalized System of Preferences (“GSP”) according to U.S. Trade Representative (“USTR”).
Newsflash: Exclusion Process Mandated for Tariffs on $200 Billion in Goods from China
Please be advised, U.S. Congress has ordered the creation of a process for requesting product-specific exclusions from the Section 301 additional tariffs on $200 billion worth of imported goods from China. These tariffs are currently 10 percent but are scheduled to be increased to 25 percent as of March 2, 2019.
Magnate Worldwide Welcomes Dante Fornari as New CEO
Chicago, IL – February 1, 2019 –Magnate Worldwide (“MWW”) today announced the appointment of Dante Fornari as its new Chief Executive Officer. Fornari is an accomplished executive with more than 25 years of experience in the Transportation and Logistics industries.
Masterpiece International’s Marine Division Upgrades
New York, NY – January 22, 2019 – Masterpiece International’s Marine Division has grown in size and resources as the company is doubling down on one of its specialty niches. With a new operational team in place and more sales support in key Marine markets, the new team will continue to provide top service to the international yacht and boat shipping markets around the globe.
Newsflash: US-China Tariff Agreement Effective on December 1st
Though originally anticipated to become effective January 1, the U.S. has decided to postpone the List 3 (U.S. 301) tariff increases, which contains over 5,000 tariff lines. The White House has agreed to delay the list 3 tariffs for 90 days from December 1.
Promotions at TrumpCard Show Team Success
Carlsbad, California, November 26, 2018 – TrumpCard (“TCard”), the expedited air freight company of the Magnate Worldwide Family, continues to demonstrate its growth by announcing three promotions of senior operations staff: Kevin Forhane to Director of Operations, Tiffanie Zingrebe to Associate Director Back-End Operations, and Joe Mills to Associate Director Private Fleet.
Masterpiece International Adds New Markets
New York, NY – November 19, 2018 – Masterpiece International continues to demonstrate the expansion of its International Logistics Solutions (“ILS”) division, by appointing new senior sales staff in three key markets of the Greater Northwest, Greater Southeast, and Mid-Atlantic to better serve clients in those regions.
Premium Transportation Logistics Appoints Vice President to Leadership Team
Toledo, Ohio, November 12, 2018 – Premium Transportation Logistics (“PTL” or “Premium”), Magnate Worldwide’s ground expedite division, continues to expand its management team with the appointment of Chris Koehring as Vice President who started on November 1st.
Newsflash: California Senate Bill 1402 Effective on January 1, 2019
Please be advised, California Senate Bill 1402 will go into effect on January 1, 2019. Under this legislation, customers can be held jointly liable for labor violations committed by the port trucking companies they hire, either directly or through an agent, broker, freight forwarder, or carrier.
