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.…
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.
Domek Logistics Becomes a Masterpiece
New York City, New York – November 2, 2018 – Magnate Worldwide (“MWW”) is pleased to announce the acquisition of Domek Logistics, LLC (“Domek” or the “Company”). Masterpiece International (“Masterpiece”), MWW’s international freight forwarding and customs brokerage subsidiary, continues along its growth track as Domek will integrate as an additional branch on November 1st, 2018.
Newsflash: Additional List of Tariff Codes for Chinese-Origin Goods
Please be advised, on September 17th, 2018 the Office of the U.S. Trade Representative (“USTR”) announced a final list of tariff codes covering Chinese origin products that will be subject to additional tariffs. The products included on the list, known as “List 3” will be subject to 10% additional duty effective on September 24, 2018 until the end of the year.
