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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The U.S. has announced another set of “expansive” Russia sanctions. The designations include more than 80 people and entities in Russia or Ukraine that either offer financial support to the Kremlin or help the government “promulgate disinformation and influence perceptions.” The State Department is also sanctioning 22 Russian defense firms, including entities that develop and…
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Trans-Pacific carriers have announced a General Rate Increase (GRI) effective April 1, 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 1, 2022 Equip.USD20 ft$180040…
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In the past few days, Mohawk Global has been closely monitoring the situation of the U.S. posing new sanctions and new export controls on Russia and Belarus. After careful consideration, it is our decision to temporarily suspend Mohawk Global’s service to Russia & Belarus. The suspension will begin immediately. As of March 2, 2022, no…
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The Treasury and Commerce Departments have announced new export controls and sanctions against Russia, following remarks by President Joe Biden. These new measures include export control license requirements for much of the Commerce Control List, and the expansion of sanctions, including to entities in Belarus. The Bureau of Industry and Security (BIS) has also released…
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One potential roadblock to port congestion recovery this year is the expiration of the ILWU longshoreman’s labor contract at West Coast ports on July 1. The last contract renewal period in 2014-15 was peppered with work slowdowns that ultimately resulted in a lock-out by employers—ocean terminals—which stopped cargo flow for 10 days and took weeks…
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Trans-Pacific carriers have announced a General Rate Increase (GRI) effective March 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 March 15, 2022 Equip.USD20 ft$180040…
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