Capacity management is well underway as carriers issue more blank sailings. This is due to the drop of imports coming from Asia and the seventh consecutive week of spot-rate declines, according to the JOC. In February and March, carriers announced 35 blank sailings, which includes 22 to the West Coast and 13 to the East…
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A preliminary list of products, imported from the EU, that may be subject to future Section 301 duties has been announced by the Office of the U.S. Trade Representative (USTR). This list acts as a countermeasure, worth $11.2 billion per year, to the EU’s aircraft subsidies. The list contains several products in the civil aviation…
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More good news for importers. The office of the U.S. Trade Representative (USTR) has announced the second and third round of product exclusions for Section 301 Tariffs. These exclusions will be retroactive as of July 6, 2018 and will extend for one year after the publication of their notices. Importers who have imported or are importing products…
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President Trump has announced that he will close down the Mexico/U.S. border this week, if Mexico's government doesn't "completely stem the flow of undocumented migrants crossing the border." It is still unclear as to how much of the border will be closed but it is best to prepare for delays. Also unclear is whether or…
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Trans-Pacific carriers have announced a General Rate Increase (GRI) effective May 1, 2019. 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 ports Effective May 1 Equip. USD…
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Trans-Pacific carriers have announced a General Rate Increase (GRI) effective April 15, 2019. 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 ports Effective April 15 Equip. USD…
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Your window frame, shower stall or even bedroom door are all examples of household products that are created with composite wood. Composite wood products contain hardwood plywood, fiberboard or particleboard. These materials often contain formaldehyde, which can cause several adverse health effects, if exposure reaches a dangerous level. The government has created regulations to restrict…
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Two of the largest beneficiaries—India and Turkey—of the Generalized System of Preferences (GSP) will be removed from the program, according to an announcement from the U.S. Trade Representative (USTR). India will be cut from the program because it is not providing “equitable and reasonable access to its markets in numerous sectors.” Turkey is being removed…
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Trans-Atlantic Trade carriers have announced a General Rate Increase (GRI) effective April 1st, 2019. This GRI will affect all USA destinations. The following amounts are in USD and apply to all freight originating from Europe and the Mediterranean. General Rate Increase Applies to all U.S. ports Effective April 1 Equip. USD 20 ft $200 40…
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Trans-Pacific carriers have announced a General Rate Increase (GRI) effective April 1, 2019. 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 ports Effective April 1 Equip. USD…
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