Tag: Shipping Industry
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๐ฒ๐ฝ๐ฏ๐ต๐ฎ๐ณ Global Postal Services Halt Shipments to the U.S. After U.S. Ends โDe Minimisโ Duty Exemption
Monrovia, 29 August 2025 โ In a sweeping change that is reshaping global e-commerce and postal logistics, the United States government has officially eliminated the longstanding “de minimis” exemption, which allowed small-value packagesโgenerally under USD 800โto enter the U.S. duty-free. Originating in 1938 and expanded in recent years, this exemption has facilitated the unhindered flow…
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๐ซ๐ทWhy is France delaying the return of African artifacts?
On July 31, France introduced a revised bill aimed at simplifying the return of cultural objects taken during the colonial period. Under current law, artworks held by the state are considered inalienable national property. Their return requires a separate act of parliament for each case. This makes the process not only slow but also politically…
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Container Carriers See Profit Surge Amid Geopolitical Turbulence
Amidst a volatile geopolitical landscape, the global container shipping industry has seen its profits soar to over $10 billion in the second quarter, driven by unprecedented volumes and increased freight rates following a route adjustment in the Red Sea. Net profits for leading container carriers, such as Denmarkโs AP Moller-Maersk A/S and Chinaโs Cosco Shipping…
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