As an organization with worldwide reach, we are honored to work with a diverse group of people. Our lives are enriched when we take the time to learn and listen from other cultures, which is why we are so proud to share stories from our Mohawk Global family about where they have come from. In…
Read More »
UPDATE: 5/27/21—YICT terminal in Yantian is extending its closed gate for outbound cargo to May 30, 23:59. Retrieval of inbound containers and empty pick up are not impacted. Laden acceptance will only allow shipments with vessel whose ETA is within four days. The implementation period for this new parameter is from May 28 to June…
Read More »
With eleven straight months of volume growth behind us, and no immediate end of sustained consumer demand in sight, ocean carriers and marine terminals continue to choke on the sea of import containers coming into U.S. ports. The COVID-19 virus caused intermittent labor shortages, by impacting drivers and longshoremen, and severely disrupted terminal efficiency and…
Read More »
The European Union (EU) has announced that it will not increase its retaliatory tariffs for Section 232 tariffs—which adds a 25 percent tariff on steel and 10 percent on aluminum imports. Items on the EU retaliation list include whiskey, bourbon, orange juice, cigarettes, steel, motorcycles, yachts, and more. The retaliation was set to double the…
Read More »
As COVID-19 cases increase in India, several state governments have ordered lockdowns or curfews. These restrictions could continue until end of the month. The following are major updates we are seeing regarding the impact on commerce. Manufacturing—Manufacturing in India has come to a near standstill. Airports—More and more countries are restricting passenger travels to and…
Read More »
Trans-Atlantic carriers have announced a General Rate Increase (GRI) effective June 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—Trans-Atlantic Westbound Applies to all U.S. and Canadian portsEffective June 1, 2021 Equip.USD20…
Read More »
Trans-Pacific carriers have announced a General Rate Increase (GRI) effective June 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 June 1, 2021 Equip.USD20 ft$90040…
Read More »
Trans-Pacific carriers have announced a General Rate Increase (GRI) effective May 15, 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 May 15, 2021 Equip.USD20 ft$90040…
Read More »
The Export-Import Bank of the United States (EXIM) is accepting information on the level of U.S. and foreign content in U.S. exports in the following transformational export sectors through May 14: biomedical sciences; wireless communications equipment (5G); quantum computing; renewable energy, energy efficiency, and energy storage; semiconductors and semiconductor machinery manufacturing; emerging financial technologies; water…
Read More »
© 2024 Mohawk Global OTI No. 003952NF Terms of Use Privacy Policy