TAICHUNG, Taiwan - In response to the Withhold Release Order (WRO) issued by the US Customs and Border Protection (CBP) on Giant bicycles made in Taiwan, the company formed an emergency response team to resolve the situation as quickly as possible. "We are committed to openness and transparency, and have taken multiple actions," the Giant Group wrote in a statement issued today.
OSAKA, Japan - Japanese manufacturing giant Shimano has been cited by the Japanese Fair Trade Commission for violating the Subcontract Act and failing to pay its 121 local subcontractors for storing materials on its behalf.
ATHENS, Greece - A coordinated raid by the European Public Prosecutor's Office in June 2025 has resulted in the arrest of six individuals, the seizure of 2,435 shipping containers and an estimated €250 million worth of e-bikes, textiles and footwear. Customs officers were among those arrested. Since the raid, Greek customs authorities have reported higher compliance, with importers at the port of Piraeus declaring similar goods at prices closer to their actual value.
MONTREUIL, France - French authorities have uncovered a vast financial fraud network in a large-scale investigation that involved over 70,000 Chinese-made e-bikes across six storage sites in the country. The losses amount to €6 million.
LONDON, England - The UK's Trade Remedies Authority (TRA) has recommended that anti-dumping duties on bicycles and certain bicycle components imported from China remain in force until 30 August 2029. While the UK government could technically reject the TRA's advice, the move signals strong continuity with EU trade policy, where similar measures remain in place.
LONDON, United Kingdom - Global container prices have fallen for the tenth consecutive week and still appear to be stabilising. Spot rates for containers on the Shanghai-Rotterdam route saw the sharpest drop. This is evident from the most recent World Container Index (WCI) published by market research firm Drewry.
