?? What's new from Welke?
Curious to know whats going on in the Welke world of trade and logistics? This months recap highlights our industry news, our employee spotlight of the month and a little laugh.
?? New Welke Services: Now offering warehousing and distribution
Need a warehouse or a distribution centre that works as hard as you do? Welke’s got you covered! From secure storage to speedy deliveries, we handle the heavy lifting so you don’t have to.
To learn more, head here, or connect with us at [email protected]
?? CARM Bonds can be purchased through Welke
The Release Prior to Payment (RPP) program is an initiative by the Canada Border Services Agency (CBSA) that allows importers to have their goods released before paying duties and taxes.
RPP CARM bonds can be purchased through Welke before the deadline—April 21st, 2025.
Please connect with us at [email protected] for more info.
?? Ocean Freight: Due to the Chinese New Year (CNY), ocean freight rates are experiencing notable declines. Transpacific spot rates have decreased for the first time in a month, with Shanghai-Los Angeles rates dropping 5% to $5,228 per 40ft, and Shanghai-New York rates falling 4% to $6,825 per 40ft.
Similarly, Asia-Europe routes have seen continued rate reductions; Shanghai-Rotterdam rates decreased by 3% to $4,231 per 40ft. These trends are attributed to diminished pre-CNY shipping activities and the resolution of potential U.S. port strikes.
?? USA, 2025 - Navigating the Latest U.S.-Canada Tariff Developments
The recent tariff measures announced by both the U.S. and Canada are set to impact businesses across multiple industries. Here’s what we know so far:
U.S. Tariffs – The U.S. has imposed:
These Measures Take Effect February 4, 2025.
Canada’s Response – Canada has introduced a $155 billion tariff package, including:
What This Means for Businesses
These tariffs could significantly affect supply chains, increase costs, and create new challenges for importers. Key industries impacted include:
As this situation evolves, we’re actively monitoring developments and working with our clients to navigate these changes. Stay informed with the latest official announcements:
?? CANADA, 2025 - CBSA New Trade Verification Priorities - Customs Notice 25-02
The Canada Border Services Agency (CBSA) conducts trade compliance verifications to ensure correct classification, valuation, and origin of imported goods, ensuring proper duty and tax payments.
New 2025 Priorities:
Correct tariff classification, valuation, and origin verification to uphold fair trade and compliance. CBSA selects imports for review based on risk and evolving trade concerns. Importers should ensure compliance to avoid penalties.
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?? CANADA, 2025 - CRA will Default to Online Mail for Business Communication
Starting spring 2025, the CRA will default to online mail for business correspondence via My Business Account, replacing most paper mail. Affected groups include new business registrations, existing users, and authorized representatives.
?? CANADA, 2025 - Temporary Relief from CARM Penalties and Interest
To support the CARM transition, the CBSA is offering temporary relief from late payment penalties and interest:
Unpaid accounts may face CRA collection measures.
?? CANADA, 2025 - CFIA Simplifies Import Documentation for U.S. Pet Food Products
Effective January 21st, 2025, the Canadian Food Inspection Agency (CFIA) has removed the requirement for an Importers Statement of Compliance for pet food, treats, and supplements imported from the United States. Now, each shipment must include a commercial invoice listing the products and quantities, clearly referencing the zoosanitary export certificate number issued by the U.S. Department of Agriculture – Animal and Plant Health Inspection Service (USDA-APHIS).
A three-month transition period until April 21st, 2025, allows continued acceptance of shipments with the previous documentation.
For inquiries, contact the CFIAs import team at [email protected]
?? CANADA, 2025 - Gemini Cooperation starts in February 2025
Maersk and Hapag-Lloyd have announced the Network of the Future, an operational collaboration named the Gemini Cooperation, set to commence on February 1st, 2025. This initiative aims to enhance reliability, efficiency, and global reach in ocean freight services.
?? CANADA, 2025 - CPKC Reaches Tentative Collective Agreement with Unifor
Canadian Pacific Kansas City (CPKC) has reached a tentative four-year collective agreement with Unifor, representing approximately 1,200 employees in Canada, including mechanics, laborers, and support staff.
CPKC President Keith Creel expressed satisfaction with the collaboration, emphasizing the agreement benefits both employees and their families, while supporting the company's service to customers and the Canadian economy.
?? This month, we’re excited to spotlight Jill Bonk, our dedicated Accounting Assistant.
?? Jill has been with Welke for almost two years, handling billing, U.S. Customs Daily Statements, bond renewals, and more. Recently, she transitioned into Inside Sales for Welke USA, where she’s eager to build customer relationships and dive deeper into the world of Customs.
?? Her favourite part of the job? The relationships she’s built with both coworkers and customers. As Jill says, “Welke treats you like family and creates a positive work environment.”
?? Outside of work, Jill enjoys spending time with her family, watching her stepson play hockey, and traveling to pro games. She’s also kept busy by her three rescue dogs!
?? Jill, were lucky to have you on our team—congratulations on your new role!
?? Lunar New Year Fun Fact: The colour red is deeply ingrained in Lunar New Year traditions and is considered the most auspicious colour in Chinese culture. It represents prosperity, happiness, and good fortune, while also serving as a powerful symbol of protection against evil spirits.
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