Ocean Network Express (ONE)—which is the result of the recent NYK, MOL, and K Line merger—begins servicing shippers in April. This, along with COSCO’s pending acquisition of OOCL will leave the industry with three alliances and three owners within each. The consolidating carriers believe this will lead to greater competitiveness in the industry, while shippers…
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We’ve set up large chalkboards and whiteboards in each of our Mohawk offices where a different question—relating to our corporate core values—will be written every month. Employees are encouraged to write or draw their answers to help visualize how we—CARE. ENRICH. DELIVER. We’ll snap some pictures each month and share them with you on Twitter and…
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The trucking industry has been experiencing a consistent capacity crunch that has continued into 2018. As the demand for shipping is expected to rise, it doesn’t look like the tight market will let up anytime soon. So, what’s contributing to this current trend? Driver Shortage The Bureau of Labor Statistics estimates that the average age of…
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The Department of Commerce and Department of State have increased the civil monetary penalties for export violations to account for inflation, effective January 15. It is important to recognize that these new amounts are retroactive and can be charged against each violation, regardless of when the violation occurred. Here is a summary of the penalty increases:…
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While importers of medical devices may not see the benefit of each entry line being scored through the U.S. Food and Drug Administration’s (FDA) Predictive Risk-based Evaluation for Dynamic Import Compliance Targeting (PREDICT) system, this process has the potential to help speed up entry screening of their medical devices. What is PREDICT? PREDICT—the FDA’s electronic…
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