Trump Administration Revokes Licenses for Huawei Suppliers

Trump Administration Revokes Licenses for Huawei Suppliers

The Trump Administration has revoked certain licenses for companies that sell to Chinese telecommunications company Huawei Technologies, including chipmaker Intel Corporation. In addition to these licensing decisions, dozens of other applications to supply to the company will likely be rejected. The Commerce Department has declined to comment on specific licensing decisions but continues to work…

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Biden’s Commerce Nominees Expected to Take Multilateral Approach

Biden’s Commerce Nominees Expected to Take Multilateral Approach

President-elect Joe Biden’s two top Commerce Department nominees are Rhode Island Governor, Gina Raimondo as Commerce secretary, and Don Graves as Commerce deputy secretary.  The nominees were announced Jan. 8 by Biden, who urged the Senate to quickly confirm the nominations. The need for Senate confirmation comes during a wave of current cabinet resignations including the acting Secretary of Homeland Security, Chad Wolf; who announced he would step down…

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2/1/2021 Trans-Atlantic Carries Announce Westbound GRI

2/1/2021 Trans-Atlantic Carries Announce Westbound GRI

Trans-Atlantic carriers have announced a General Rate Increase (GRI) effective February 1, 2021. This GRI will affect all Canadian and USA destinations. The following amounts are in USD and apply to all freight originating in Asia and the Indian Sub-Continent. General Rate Increase Applies to all USA and Canada destinationsEffective February 1, 2021 Equip.USD20 ft$50040…

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2/1/2021 Trans-Pacific Carriers Announce Eastbound GRI

2/1/2021 Trans-Pacific Carriers Announce Eastbound GRI

Trans-Pacific carriers have announced a General Rate Increase (GRI) effective February 1, 2021. This GRI will affect all Canadian and USA destinations. The following amounts are in USD and apply to all freight originating in Asia and the Indian Sub-Continent. General Rate Increase Applies to all U.S. and Canadian portsEffective February 1, 2021 Equip.USD20 ft$90040…

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System Overload Continues…

System Overload Continues…

The cargo surge that began in June of 2020 and continued through year-end, has showed no signs of slowing down in 2021 with projected 20 to 30 percent year-over-year increases in cargo demand.  Shipments of personal protective equipment (PPE) that moved in addition to typical holiday cargo volume, resulted in a 2020 peak season the…

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