Transpacific carriers continue to increase rates through this strong peak season. They've announced a General Rate Increase (GRI) to be effective September 1, but have not settled on the rate level. Our early indications are that the increase may be heavily mitigated by many of the lines, with further erosion of rates as the peak…
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Here’s some news that should brighten your day: A tentative agreement on health benefits has been reached between the International Longshore & Warehouse Union (ILWU) and The Pacific Maritime Association (PMA). According to a joint press release issued by the ILWU an PMA, the agreement is contingent upon resolution of many other issues that are…
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By Mike Frail, Senior Advisor As if export control reforms weren’t enough of a burden, U.S. exporters now have their plates pretty full with various sanctions imposed against Russia. U.S.-Russia relations have been strained since the annexation (or occupation) of Crimea, rebel fighting in eastern Ukraine, and the tragic downing of Malaysian Flight MH17. These…
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A trucker strike at the Port of Ningbo has escalated to near riotous conditions, warranting police involvement after picketing drivers became violent, reportedly. Striking truckers have been detained and arrested, according to the Journal of Commerce. Operations at the port have been severely impacted. We cannot confirm if the protests are ongoing at this point.…
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Due to a recent increase in the number of sea carriers found transporting wood packing material (WPM) that violates WPM standards—primarily while crossing the Mediterranean Sea—Customs & Border Protection has released a bulletin reminding importers to work to ensure that any WPM used has been effectively treated to prevent the introduction of invasive pests into…
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By Jim Trubits Many international buyers and sellers fail to recognize the positive financial outcomes that can be gained from a well thought out Incoterms strategy. Your methodology need not be complicated. It can be as simple as having a solid understanding of the role that risk plays in each Incoterms rule. Before expanding of…
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Mohawk business partners in China have confirmed delays at the port of Ningbo due to a recent trucker strike. Clients with freight coming in or going out of the port of Ningbo may experience delays as a result of the activity at the port. Please contact your Mohawk customer service representative if you have questions…
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Bad news for importers who like to go back to get their duty reductions after the entry has liquidated. U.S. Customs & Border Protection (CBP) recently announced that it will no longer accept post-liquidation claims for certain free trade agreements (FTA) and preference programs. In a guidance letter issued on August 11, CBP clarified its…
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