The Office of the U.S. Trade Representative (USTR) has decided to extend 137 exclusions covered under List 1, 59 exclusions on List 2, 266 exclusions on List 3, and 87 exclusions on List 4. Except for exclusions related to the COVID-19 pandemic, all of these exclusions have expired. Specifically, the exclusions for most of these…
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Trans-Pacific carriers have announced a General Rate Increase (GRI) effective April 15, 2022. 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 April 15, 2022 Equip.USD20 ft$180040…
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The Bureau of Industry and Security (BIS) recently launched a landing page for its export control actions against Russia, including relevant fact sheets and guidance. Also included is agency contact information, a link to request a formal advisory opinion, and a list of related regulations and “legal resources.” BIS has warned that it has imposed…
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UPDATE: 3/22/2022—Employees will return to work at noon on March 22, after an agreement was reached between CP Rail and the Teamsters Canada Rail Conference, which ended a two-day lock-out. UPDATE: 3/21/2022—There has been no resolution since CP Rail issued its 72-hour notice. Therefore, the lock-out officially began on Sunday, March 20. This may cause…
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In November 2021, the U.S. started to pull back on Section 232 tariffs using tariff rate quotas on imported steel and aluminum from the EU. The U.S. and Japan have agreed to a similar strategy on imported steel from Japan to take effect April 1, 2022. Similar to the EU deal, importers of Japanese steel…
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On March 11, President Joe Biden issued an executive order that bans luxury goods headed to Russia. This includes vehicles, jewelry, high-end alcohol, and high-end watches. A fact sheet states that Russians import about $550 million worth of these goods a year. New banking-related and financing restrictions have also been announced, as well as blocking…
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Shippers that export containers from both Northern Europe and Mediterranean origins heading westward to North America, have faced difficult conditions over the last several months. However, the factors leading to these issues have continued to worsen, and the situation has degraded rapidly. While the Ukrainian Conflict has not helped matters, it is also not completely…
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Through last week, BIS issued additional rules restricting exports to Belarus, updating previous changes to the Russia-related restrictions, and expanding sectoral sanctions on the Russian oil refining sector. Below we provide a brief summary of the new rules and restrictions. Belarus Export Controls and Changes in Scope to Existing Controls for Russia (Effective as of…
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The labor issue was high on the list of concerns at TPM last week. It is evident to all that a strike by the ILWU or lockout by the terminals would cause disastrous effect on top of an already severely congested port complex. This has prompted many importers to build in alternative routing to U.S.…
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Listen to the below episode from the "Compassionate Leaders Circle" podcast to learn more about the higher purpose of Mohawk Global, the importance of a people-first mentality and how it directly relates to business growth. When Mohawk Global went remote during the spring of 2020, Gar Grannell, CEO & Chairman, started running "Town Hall" calls…
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