Latest News
Supply Chain Updates—June 2, 2026 Newsletter
India and the U.S. are reportedly nearing a trade agreement in which tariff relief under Section 301 measures is a key sticking point in negotiations. The potential pact could ease select tariff pressures on Indian exports to the U.S., supporting improved bilateral trade flows while reshaping sourcing considerations in key manufacturing…
Supply Chain Updates—May 20, 2026 Newsletter
China has committed to purchasing $17 billion annually in U.S. agricultural products from 2026 through 2028, signaling a potential rebound in bilateral trade after a sharp decline driven by tariffs. The commitment is expected to boost U.S. farm exports and shift global sourcing dynamics, as China increases purchases from the U.S. at the potential expense of other major suppliers. India’s export diversification strategy has expanded into more than 1,800 new global markets, adding incremental…
Supply Chain Updates—May 8, 2026 Newsletter
U.S. trade court ruling has blocked the implementation of a proposed 10% global tariff, finding that the measure did not meet the legal criteria under existing trade law. This decision underscores ongoing shifts in the regulatory landscape, as businesses continue to navigate evolving trade policies and legal frameworks. With tariff refunds beginning to roll out, importers may see a near-term boost in cash flow as they manage ongoing global trade cost pressures.…
The Logistics Industry Remembers Mike Welch’s Life and Contributions
The Logistics Industry Remembers Mike Welch’s Life and Contributions Portland, OR – September 30, 2019 – It is with great sadness that we announce the passing of Mike Welch, Co-Founder of Magnate Worldwide, and veteran of the transportation and logistics industry....
Masterpiece International’s Marine Division Upgrades
New York, NY – July 16, 2019 – Masterpiece International’s Marine Division adds an experienced sailing and racing captain, Kurt Sova, to its growing and dedicated yacht team. The addition of Sova as a Director of Strategic Accounts will deliver decades of industry experience, firsthand knowledge, and project management. The Marine Division specializes in international and domestic shipping for yachts, boats, and other watercraft offering consultation, shipping and transport services, Customs brokerage, storage, spare part solutions, event and project logistics, and insurance.
Newsflash: Exclusion Request Process
Requests for exclusions from the additional tariff imposed as of September 24, 2018 (List 3) from China may be submitted between June 30 and September 30, 2019. The exclusion request submission deadlines for lists 1 and 2 have closed.
Premium Transportation Logistics Transfers Ownership
Toledo, Ohio, July 1, 2019 – Premium Transportation Logistics’ (“PTL”) Senior Management Team, comprised of current President, Jeff Curry, longtime PTL Operations Manager, Keith Avery, and expedited transportation sales veteran, Brad Kelley, announced today that it has acquired PTL from Magnate Worldwide. PTL will continue to serve the ground expedite market in North America.
Newsflash: Section 301 Exclusions
The U.S. Trade Representative (“USTR”) has granted 214 exclusions for products included in “List 1” of the Section 301 tariff action against China. The exclusions are retroactive to July 6, 2018 and remain in place for one year after publication in the Federal Register.
Masterpiece Introduces Turtle North America
An innovative, safe and sustainable museum crate is now available in the U.S., Canada and Mexico
Newsflash: U.S. Customs (“CBP”) Voiding Importer of Record Numbers
Please be advised, that U.S. Customs (“CBP”) has begun voiding Importer of Record numbers that they deem to be inactive. CBP considers an Importer of Record number that has not been used in over one year and does not have any pending Customs transactions associated with it to be inactive and thus voided.
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.
