latest publications
Join the conversation as we explore current events impacting the international freight market. From capacity crunches to legislative impacts, Green gives you deep insights for big freight decisions.
CLEARING THE WAY: RESTORING OPERATIONS AT THE PORT OF BALTIMORE
FRANCIS SCOTT KEY BRIDGE COLLAPSE Since the collapse of the Francis Scott Key Bridge on March 26, 2024, the Port of Baltimore has been closed to ocean vessels. Salvage teams continue to work around the clock to clear the channel of obstructions. In a statement released on Wednesday, the Unified [...]
CIT RULING CLARIFIES DUTY DRAWBACK CLAIM LIQUIDATION PROCESS
On May 31, 2024, the Court of International Trade (CIT) stated that the duty drawback claim liquidation timeframes are defined by the end of the protest timeframe. The case issues clear guidelines on the conditions under which duty drawback claims become deemed liquidated, which could potentially have significant implications for [...]
FREIGHT MARKET UPDATE | WEEK 23 | 2024
Week 23 ushers in an early start to seasonal demand, vessel congestion woes in some U.S. ports, and increased blank sailings/port omissions. VESSEL CONGESTION GROWS: PORTS OF CHARLESTON & SAVANNAH South Carolina ports - notably Charleston- halted operations from May 19 - 21, 2024 due to software issues. Lingering [...]
USDA’S APHIS EXPANDS GLOBAL PLANTS PROTECTED WITH REVISED LACEY ACT
The United States Department of Agriculture's (USDA) Animal and Plant Health Inspection Service (APHIS) recently announced plans to implement Phase VII of the Lacey Act Provisions. The Lacey Act protects global plant species by regulating the import, export, and trade of plants and plant products to prevent illegal logging and [...]
SECTION 301 TARIFF EXCLUSIONS SET TO EXPIRE
The Office of the U.S. Trade Representative (USTR) recently announced the extension of 164 Section 301 tariff exclusions through May 31, 2024, while the remaining 265 exclusions expire on June 14, 2024. Initiated under Section 301 of the Trade Act of 1974, these tariffs are trade measures imposed by the [...]
UFLPA: ADDRESSING FORCED LABOR IN SUPPLY CHAINS
UFLPA EXAMINATIONS SINCE IMPLEMENTATION According to the UFLPA Data Portal, since June 2022, U.S. Customs Border Protection (CBP) has investigated over 8,400 shipments and denied almost 3,400. The total declared value of all shipments investigated passes $3.3 billion, of which $680 million was denied. These denied shipments were found to [...]
FREIGHT MARKET UPDATE | WEEK 22 | 2024
Week 22 sees a reopened Port of Baltimore, backlog at the Port of Charleston, and some improvement at the Panama Canal. PORT OF BALTIMORE The Port Authority of Baltimore opened a 50’ deep Fort McHenry Limited Access Channel to commercial vessel traffic. Bookings to the Port are now open [...]
KEY IMPORTS AFFECTED BY SECTION 301 TARIFF HIKES
President Biden and the United States Trade Representative (USTR) recently announced Section 301 tariff hikes on key imports to address strategic trade concerns with China. These tariffs impact a wide range of products including electric vehicles (EVs), critical minerals, and other key sectors. New tariffs are set to take effect [...]
FREIGHT MARKET UPDATE | WEEK 21 | 2024
In Week 21, we find the global supply chain responding to newly announced Section 301 tariffs on, ongoing port congestion in China, and strides at the Port of Baltimore to reopen for container vessel traffic by the end of May. SECTION 301 TARIFFS Following the in-depth review by the [...]
FOCUS ON DE MINIMIS HIGHLIGHTS IMPACTS OF IPR AND FORCED LABOR COMPLIANCE
A surge in global e-commerce is transforming international trade - creating real challenges and prompting discussions about Customs’ de minimis rule that exempts low-value shipments from import duties and taxes. Established to facilitate trade, this rule is sparking debates regarding its impact on counterfeiting, forced labor, and the economy. Earlier [...]
BRAZIL: HISTORIC RAINFALL AND FLOODING IMPACT AGRICULTURAL COMMODITY MARKET
Update June 4, 2023:Â Exporters are transferring cargo and rebooking shipments to other ports with vessels becoming overloaded due to these changes. The recovery process has begun on roads in the impacted region, though many remain blocked. Some cities remain under water and a number of factories stopped production because impacted [...]
SECTION 301 TARIFFS SET TO INCREASE
"To encourage China to eliminate its unfair trade practices regarding technology transfer, intellectual property, and innovation, the President is directing increases in tariffs across strategic sectors such as steel and aluminum, semiconductors, electric vehicles, batteries, critical minerals, solar cells, ship-to-shore cranes, and medical products." White House Fact Sheet | May [...]
FREIGHT MARKET UPDATE | WEEK 20 | 2024
Week 20 brings good some news for the global supply chain. The Port of Baltimore expects to reopen for container freight sooner than expected and the potential labor strike in Canada is postponed until further notice. However, ongoing challenges with equipment shortages and inclement weather have led to heavy [...]
WEST COAST PORTS PLAN FOR IMPORT SURGE AMIDST EQUIPMENT SHORTAGES
A surge in Asian imports to the Pacific Southwest is driving an increase in eastbound intermodal train movement, adding to the chronic deficit in rail cars returning west. ASIAN IMPORTS SURGE AT PACIFIC PORTS The Port of Los Angeles reports that local dockworkers moved 2,380,503 TEUs in the first quarter [...]
GREEN WORLDWIDE Q1 DONATIONS SUPPORT TREES: A WORLD RESTORATION FLAGSHIP AWARD PROGRAM
GREEN WORLDWIDE 2024 Q1 TREES DONATION IMPACT Green Worldwide Shipping® proudly supports Trees for the Future (TREES) by planting a tree for each shipment, customer, and employee. The company is pleased to announce the donation of 21,056 trees in 2024 Q1 to support TREES' work training farmers in nine [...]
FREIGHT MARKET UPDATE | WEEK 19 | 2024
In this Week 19 Freight Market Update, we explore the impact of a potential labor strike in Canada, the Paris Olympics, and Key Bridge responses to supply chain delays along with the slight relief rainy season has brought to Panama Canal operations. PARIS OLYMPICS 2024 The upcoming Olympic and [...]
latest publications
Join the conversation as we explore current events impacting the international freight market. From capacity crunches to legislative impacts, Green gives you deep insights for big freight decisions.
CLEARING THE WAY: RESTORING OPERATIONS AT THE PORT OF BALTIMORE
FRANCIS SCOTT KEY BRIDGE COLLAPSE Since the collapse of the Francis Scott Key Bridge on March 26, 2024, the Port [...]
CIT RULING CLARIFIES DUTY DRAWBACK CLAIM LIQUIDATION PROCESS
On May 31, 2024, the Court of International Trade (CIT) stated that the duty drawback claim liquidation timeframes are defined [...]
FREIGHT MARKET UPDATE | WEEK 23 | 2024
Week 23 ushers in an early start to seasonal demand, vessel congestion woes in some U.S. ports, and increased [...]
USDA’S APHIS EXPANDS GLOBAL PLANTS PROTECTED WITH REVISED LACEY ACT
The United States Department of Agriculture's (USDA) Animal and Plant Health Inspection Service (APHIS) recently announced plans to implement Phase [...]
SECTION 301 TARIFF EXCLUSIONS SET TO EXPIRE
The Office of the U.S. Trade Representative (USTR) recently announced the extension of 164 Section 301 tariff exclusions through May [...]
UFLPA: ADDRESSING FORCED LABOR IN SUPPLY CHAINS
UFLPA EXAMINATIONS SINCE IMPLEMENTATION According to the UFLPA Data Portal, since June 2022, U.S. Customs Border Protection (CBP) has investigated [...]
FREIGHT MARKET UPDATE | WEEK 22 | 2024
Week 22 sees a reopened Port of Baltimore, backlog at the Port of Charleston, and some improvement at the [...]
KEY IMPORTS AFFECTED BY SECTION 301 TARIFF HIKES
President Biden and the United States Trade Representative (USTR) recently announced Section 301 tariff hikes on key imports to address [...]
FREIGHT MARKET UPDATE | WEEK 21 | 2024
In Week 21, we find the global supply chain responding to newly announced Section 301 tariffs on, ongoing port [...]
FOCUS ON DE MINIMIS HIGHLIGHTS IMPACTS OF IPR AND FORCED LABOR COMPLIANCE
A surge in global e-commerce is transforming international trade - creating real challenges and prompting discussions about Customs’ de minimis [...]
BRAZIL: HISTORIC RAINFALL AND FLOODING IMPACT AGRICULTURAL COMMODITY MARKET
Update June 4, 2023:Â Exporters are transferring cargo and rebooking shipments to other ports with vessels becoming overloaded due to these [...]
SECTION 301 TARIFFS SET TO INCREASE
"To encourage China to eliminate its unfair trade practices regarding technology transfer, intellectual property, and innovation, the President is directing [...]
FREIGHT MARKET UPDATE | WEEK 20 | 2024
Week 20 brings good some news for the global supply chain. The Port of Baltimore expects to reopen for [...]
WEST COAST PORTS PLAN FOR IMPORT SURGE AMIDST EQUIPMENT SHORTAGES
A surge in Asian imports to the Pacific Southwest is driving an increase in eastbound intermodal train movement, adding to [...]
GREEN WORLDWIDE Q1 DONATIONS SUPPORT TREES: A WORLD RESTORATION FLAGSHIP AWARD PROGRAM
GREEN WORLDWIDE 2024 Q1 TREES DONATION IMPACT Green Worldwide Shipping® proudly supports Trees for the Future (TREES) by planting [...]
FREIGHT MARKET UPDATE | WEEK 19 | 2024
In this Week 19 Freight Market Update, we explore the impact of a potential labor strike in Canada, the [...]
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