Needless to say, the transportation industry has experienced its share of strain over the past two years. Everything from China trade tariff impacts, trucking hours-of-service changes, equipment and chassis allocation, carrier agreements, mega-vessel deliveries, and even weather has had a significant impact on America’s ports. Chassis shortages and mega-vessel deliveries [...]
Published to the Federal Register on March 5, 2019, the President directed the U.S. Trade Representative (USTR) to modify the action taken in Section 301 investigations by “postponing the date on which the rate of the additional duties will increase to 25 percent for the products of China covered by [...]
Effective March 15, 2019, U.S. Customs and Border Protection is ending its delayed enforcement period for ISF-5 type violations and will begin issuing liquidated damage claims. Back in April of 2018, CBP published a rule (effective May 14, 2018) expanding the definition of Importer Security Filing (ISF) Importer for certain [...]
On Monday, March 4, 2019, the U.S. Trade Representative (USTR), Robert Lighthizer, announced that the United States determined India and Turkey no longer comply with the eligibility criteria as beneficiary developing countries under the Generalized System of Preferences (GSP). Under the United States GSP program, certain products can enter the [...]
“.... productive talks, I will be delaying the U.S. increase in tariffs now scheduled for March 1. Assuming both sides make additional progress, we will be planning a Summit for President Xi and myself, at Mar-a-Lago, to conclude an agreement. A very good weekend for U.S. & China!” Tweeted by [...]
Marked by blanked sailings, the weeks before and after the Lunar New Year have historically helped build demand after peak, holiday shipping. But in 2019, demand has been strong. So strong, that rates to both U.S. coasts have risen by double-digit percentages. Granted, this has mostly been strategic inventory front-loading in [...]
For the third consecutive month, U.S. shippers should be prepared to deal with ongoing congestion, delays and equipment shortages that have been plaguing the Los Angeles-Long Beach Port complex. The cause of the extreme gridlock and increasing dwell times is due to the unparalleled surge in imports, backlogs from weather [...]
Britain’s Prime Minister, Theresa May, suffered a devastating defeat when the proposal to leave the European Union (EU), Brexit, lost in a 432 to 202 vote against withdrawal in Parliament. The vote was the biggest defeat for a Prime Minister in modern times, leaving the country in uncharted territory as [...]
Section 301 Exclusions Won’t be Implemented by CBP Until Government Shutdown Ends “At the conclusion of the government funding hiatus, CBP will issue instructions on entry guidance and implementation,” Customs & Border Protection (CBP) has advised. Once the government shutdown is ended, the updates to ACE on the exclusions will implemented [...]
As the New Year brings fresh resolutions and opportunities, shippers are coming face-to-face with tighter capacity and higher rates on Pacific trade lanes. Spot rates from Asia increased for the second week in a row as we brought in 2019, and the industry has begun bracing for the Lunar (Chinese) [...]
