Flexport

There are many forces reshaping European freight right now. Tomorrow, our experts break down what you need to know. Join the European Freight Market Update Live covering: 🌊 Ocean: Iran/Hormuz impact on oil prices & surcharges, plus the close of RFP season on TPEB and FEWB with Guillaume Caill ✈️ Air: Jet fuel spike, emerging shortage, and what it means for summer capacity and rates with Franco Babini 📋 Customs: Latest US tariff and EU customs changes shippers can't afford to miss with Ivana Menalo Reserve your spot here: https://lnkd.in/eSn9-E_K

This week in global logistics: CAPE’s first-week filing outcomes and upcoming IEEPA refund timelines; a new Section 232 exclusion for products with 0% metal content; a seasonal demand surge on the TPEB; ongoing capacity reductions on the FEWB and TAWB; and elevated rates on some ex-Asia air routes. 📌 CAPE’s First-Week Filing Outcomes: As of April 26, only 63% of CAPE declarations have passed initial file validation—and of the 13.3 million entries on those validated declarations, nearly 16% were then rejected after failing entry-specific validations. Meanwhile, entries filed by Flexport have seen a much lower CAPE rejection rate of 2.6%. 🗓️ Refund Timelines: Per an April 28 update, CBP anticipates issuing its first IEEPA refund on or around May 11, 2026. CBP indicated that about 21% of total entries have been accepted for the removal of IEEPA duties through CAPE, and roughly 3% have been liquidated and are in the refund stage of the process. Refunds will be issued via ACH direct deposit. ⚙️ New Section 232 Exclusion for Products with 0% Metal Content: The Department of Commerce has created a new exclusion exempting goods in Chapters 72, 73, 74, and 76 that contain 0% steel, aluminum, or copper from Section 232 duties. This exclusion applies retroactively to April 6, 2026, when the modified steel, aluminum, and copper tariffs took effect. 🚢 Ocean Freight Trends: • A seasonal demand surge on the TPEB ahead of the May holiday season, along with certain space- and origin-specific bottlenecks • A 9% blank sailing rate on the FEWB until May 24, and an ongoing 10-15% capacity reduction on the TAWB • Continued bunker surcharges on the TPEB ✈️ Air Freight Trends: • Elevated rates on some ex-Asia routes, driven by upcoming holidays and volatile fuel costs • An ongoing decline in ex-Vietnam demand, with a further drop expected in the near term due to the upcoming long holiday  Read the full newsletter and subscribe for future updates: https://flx.to/043026-LI #supplychain #logistics #freightmarket #freightindustry #oceanfreight #oceancargo #oceanshipping #airfreight #aircargo #airshipping #trucking #intermodal #railfreight

Flexport has been named to the TIME100 Most Influential Companies list, as well as the 10 Most Influential Manufacturing and Logistics Companies list. In a year of unprecedented tariff volatility, our AI-powered products, including our free Tariff Simulator, are helping 13,000+ customers navigate shifting trade policy in real time. It's an honor to be recognized. Thank you to our team for building technology that solves real-world problems. And to our customers for trusting us to move your goods around the world. Read the full article here: https://lnkd.in/dZ_ZJwjv We're proud to be part of this powerhouse #TIME100 list: https://lnkd.in/eC3dJv-X

Flexport has been named to the TIME100 Most Influential Companies list, as well as the 10 Most Influential Manufacturing and Logistics Companies list. In a year of unprecedented tariff volatility, our AI-powered products, including our free Tariff Simulator, are helping 13,000+ customers navigate shifting trade policy in real time. It's an honor to be recognized. Thank you to our team for building technology that solves real-world problems. And to our customers for trusting us to move your goods around the world. Read the full article here: https://lnkd.in/dZ_ZJwjv We're proud to be part of this powerhouse #TIME100 list: https://lnkd.in/eC3dJv-X

Beyond identifying errors, auditing your entries can help maximize your total duty refund. In 2025, many broker systems couldn’t keep pace with new tariffs and stacking rules. In auditing entries filed by third parties, Flexport has found widespread stacking issues involving misapplications of IEEPA tariffs, Section 232 tariffs, and more. Businesses are now correcting their entries and recovering the full refund they’re owed. Watch Jennifer Park, Flexport’s Director of Trade Advisory, discuss ⬇️ Check out the full webinar here: https://lnkd.in/eSbzDDUf Try out Flexport's Audit Your Customs Broker tool to automatically audit your entries: https://flx.to/audit-LI

On May 6, join Flexport’s Konstantina Georgaki and Alexis Boutet for an inside look at the unique logistics challenges of moving hyperscale AI infrastructure. We’ll explore why traditional freight networks are unequipped for modern AI infrastructure; real-life case studies on navigating data center logistics; and how digital platforms, customs automation, and white glove delivery can keep your build-out on schedule. Sign up for the webinar: https://lnkd.in/eTvpqQaf In the meantime, learn more on our blog: https://lnkd.in/ePBEpFwR

According to goodr’s VP of Operations Greg Bicksler, improving systems and processes begins with data-driven collaboration. “If you systematize a broken process, you just have a faster broken process,” Greg said. At goodr, the keys to improving systems include “understanding our processes, collaborating effectively within and across functions, and having the right data elements [to inform] discussion.” Watch the full Supply Chain Therapy episode here: https://flx.to/goodr-LI-2

You don't have to choose between your carbon goals and your bottom line. Often, the actions that reduce emissions (like smarter consolidation or modality shifts) are the same ones that cut your logistics spend. Join Kelsey "KJ" Jensen and Michelle Feole in tomorrow's, April 29, Webinar. They will discuss how to turn supply chain data into both emission reduction and operational savings: ✅ Live SKU analysis to sharpen planning. ✅ Smart consolidations to maximize container utilization. ✅ High-impact modality shifts (like cutting emissions by up to 68x by shifting from air to ocean). Save your seat here: 👉 https://lnkd.in/eq-D6fWE

AI data center investment is projected to reach $3 trillion by 2030. The logistics behind this buildout go beyond standard freight: a single modern rack can cost over $1 million and weigh up to 4,000 pounds, while the broader infrastructure requires strict compliance and precisely coordinated deliveries. Flexport is uniquely positioned to manage these complexities, consistently delivering 98%+ air on-time performance for customers in this sector, AI-powered customs automation, SKU-level supply chain visibility, the highest level of security certification, and more. Learn more about Flexport’s Center of Excellence for Data Center Logistics: https://lnkd.in/eRK4CdyT

With CAPE now live, audit readiness is a top priority for importers. When reviewing an entry, CBP auditors first conduct a “smell test”: do your documents tell a consistent story? If the value on your entry summary doesn't match the commercial invoice, the dates don't add up, or if weights and quantities are off, auditor scrutiny increases and CBP will likely request more information. Watch Thanh Nguyen, Senior Trade Advisory Associate at Flexport and a former CBP auditor, break down what CBP is looking for when reviewing your entries ⬇️ Watch last week's full Audits & Drawback webinar here: https://lnkd.in/g76G4azK