Recently, the global supply chain has faced disruptions with the Panama and Suez Canals at the forefront. Let’s look at the intricacies of these challenges, their impact on international trade, and what the global supply chain is projected to look like for the rest of the year.

Please be aware that on August 1, 2019, the Traffic Mitigation Fee (TMF), also known as PierPass, at the Ports of Los Angeles and Long Beach will increase by 1.9 percent. The adjustment matches the combined 1.9 percent increase in longshore wage and assessment rates that took effect June 29.