Have a shipping dispute that you want resolved without lengthy and expensive litigation? Then consider taking advantage of one of the FMC's free mediation services offered to the shipping public through its Consumer Affairs & Dispute Resolution Services. The FMC's Alternative Dispute Resolution services can be used for disputes involving commercial or personal cargo shipped…
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Most U.S. banks don't provide domestic loans for working capital advances on export orders, receivables, or letters of credit, which can put a damper on export sales. So, who do you turn to if you need financing to help develop or expand your export operations? Enter the Small Business Administration (SBA) and its three loan…
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China’s national weather service has issued an orange alert, the second most severe, for incoming typhoon Kalmaegi, which is expected to land in China on Tuesday morning. The typhoon plowed through the Philippines on Sunday, causing flooding and landslides in the northeast provinces. Chinese authorities issued a disaster relief alert Monday morning for the southeastern…
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Transpacific carriers continue to increase rates through this strong peak season. They've announced a General Rate Increase (GRI) to be effective September 1, but have not settled on the rate level. Our early indications are that the increase may be heavily mitigated by many of the lines, with further erosion of rates as the peak…
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Here’s some news that should brighten your day: A tentative agreement on health benefits has been reached between the International Longshore & Warehouse Union (ILWU) and The Pacific Maritime Association (PMA). According to a joint press release issued by the ILWU an PMA, the agreement is contingent upon resolution of many other issues that are…
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A trucker strike at the Port of Ningbo has escalated to near riotous conditions, warranting police involvement after picketing drivers became violent, reportedly. Striking truckers have been detained and arrested, according to the Journal of Commerce. Operations at the port have been severely impacted. We cannot confirm if the protests are ongoing at this point.…
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Mohawk business partners in China have confirmed delays at the port of Ningbo due to a recent trucker strike. Clients with freight coming in or going out of the port of Ningbo may experience delays as a result of the activity at the port. Please contact your Mohawk customer service representative if you have questions…
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Bad news for importers who like to go back to get their duty reductions after the entry has liquidated. U.S. Customs & Border Protection (CBP) recently announced that it will no longer accept post-liquidation claims for certain free trade agreements (FTA) and preference programs. In a guidance letter issued on August 11, CBP clarified its…
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Ocean carriers on the Transpacific trade are adding more cost to the pain they are already seeming to inflict on importers this summer. They have announced a General Rate Increase (GRI) for August 1 at: 20’- $480 40’ - $600 40’HC - $ 675 While this kind of announcement has been made with regularity in…
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U.S. exporters can be held criminally responsible for export control violations stemming from routed export transactions, according to U.S. government officials at a recent export enforcement panel in Washington D.C. When a foreign entity controls the transportation of U.S. exported goods, the U.S. government considers the shipment to be a routed export transaction. Exporters engaging…
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