The Biden administration is targeting textile and apparel goods moving via a duty-free program by proposing tariffs while seeking more data on sub-$800 shipments.
It’s a play by carriers to tempt NVOs with a reopened annual contract that, while higher than the deal they signed last spring, is still below current spot rates that have fallen from an early-summer peak.
DSV knocked the unions’ preferred bidder, private equity firm CVC Capital Partners, out of the race, but the forwarder’s bid now needs approval from the German parliament.