Articles

  • 1 week ago | wsj.com | Esther Fung

    Customs brokers, who handle the paperwork to process imports and calculate duties, also handle refunds. They said they are awaiting clarity from U.S. Customs and Border Protection on what is refundable. Importers say they are crossing their fingers. “I have a container arriving today in Savannah and have no idea what will happen,” said Lori Machiorlette, co-founder of Worth Home Products, which imports pendant lighting and air vent covers.

  • 2 weeks ago | wsj.com | Esther Fung

    Rail operations will resume Monday, the engineers’ union saidNew Jersey Transit and union leaders representing the railroad’s locomotive engineers reached a tentative deal Sunday, ending a strike that started Friday. Rail operations will resume Monday, the engineers’ union said. Updates to follow as news develops. Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

  • 3 weeks ago | wsj.com | Esther Fung |Gareth Vipers

    The work stoppage by locomotive engineers will affect more than 350,000 commutersNJ Transit locomotive engineers are on strike, following a yearslong battle over wages. The entire rail service was suspended Friday, NJ Transit said, as members of the Brotherhood of Locomotive Engineers and Trainmen walked out in a long-running disagreement over pay. Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

  • 4 weeks ago | wsj.com | Esther Fung

    He led a turnaround at Waste Management after an insider trading scandalPresident Trump’s new pick for postmaster general is a FedEx director who led a turnaround of a waste-and-recycling firm after an insider trading scandal. Here’s what to know about David Steiner:1. He spearheaded a comeback for Waste Management. Some of the company’s top executives in the 1990s falsified financial results.

  • 4 weeks ago | wsj.com | Esther Fung

    A China Airlines Cargo plane prepares to land in Los Angeles in early 2020. (Etienne Laurent/Shutterstock)Air cargo to the U.S. is down about 20% or 30% from a year ago, freight forwarders and customs brokers estimate. The decline is more pronounced since May 2, when the de minimis exemption ended for goods from China. Planes typically carry higher-value, more time-sensitive goods than container ships, whose sailings also have plunged.

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Esther Fung
Esther Fung @estherfung
5 May 25

RT @JChengWSJ: Estée Lauder Says Tariffs Are Hurting Consumer Confidence in China—Estée Lauder executives said they are streamlining operat…

Esther Fung
Esther Fung @estherfung
23 Apr 25

Their job is to calculate tariffs on every import. They had to go through “pure hell” to land it - the customs broker exam. The pass rate in recent years? 21%. https://t.co/IlfZDFDdHp @WSJ

Esther Fung
Esther Fung @estherfung
2 Apr 25

Trump imposes 10% baseline tariff rate on all imports, higher rates for some nations. 34% on imports from China, 20% on EU imports, 46% on imports from Vietnam. https://t.co/LbUwZZjl32 @wsj