Jesse Mitchell is the Director of Business Development at Strader-Ferris International, a Canadian & U.S. customs brokerage, cross-border logistics, and warehousing company. Founded in 1953 by Raymond Strader, SFI was built around his beliefs of an honest and straightforward approach to helping clients succeed. Strader-Ferris has been in business for 70 years and successfully handled millions of cross-border shipments.
Despite the obstacles, companies that embrace adaptability and innovation will find opportunities to thrive.
Watch Trump’s tariffs threaten to increase online shopping costs Video Online, on GlobalNews.ca
The Future of 3PL: Trends and Innovations Shaping the Industry
Disruptions at these major ports would create immediate ripple effects across the supply chain. Retailers are already preparing by rerouting shipments, but there’s only so much they can do to avoid delays. Food products, especially items that depend on timely imports like fruits, vegetables, and seafood, would be some of the first to feel the effects, with prices likely to spike quickly. The longer the strike goes on, the more difficult it will be for businesses to keep these costs from passing on to consumers. In terms of how quickly prices could rise, the effects may not be immediate on all food items. Some things might take a bit more time to reflect the increased costs from delayed shipments and rerouting fees.