On Monday, April 8, 2019, the Office of the U.S. Trade Representative announced that it will begin yet another round of Section 301 retaliatory tariffs, this time, aimed at an ongoing dispute with the European Union (EU) and the subsidization of Airbus, one of the two leading providers of [...]
The Panama Canal Authority (ACP) announced a fifth draught reduction for ocean vessels passing through the new locks of the Panama Canal as a severe dry season hits Central America. Ocean carriers have been warned that after April 30th, the maximum draught for transiting the new locks will be restricted [...]
The shipping market may have finally softened after almost a year of tariff increases and U.S. government trade programs wreaked havoc on inventory levels as companies rushed to import additional product and maintain service levels to consumers. But the mad rush for warehousing, intermodal, and equipment left domestic trucking carriers [...]
Import volumes may have leveled off since the beginning of the year, but congestion at the Los Angeles-Long Beach port complex has steadily found new ground. Turn times, on average, are exceeding 100 minutes and over 50 percent of chassis equipment, while more available, is displaced causing extreme delays. A frustrated [...]
Airfreight has always served as one of the truest gauges of supply chain velocity and confidence. Moving fast, most air shipments can be delivered within days, depending on the level of service purchased. But is that confidence waning for shippers experiencing increased costs and reduced quality of service? Major airports [...]
Needless to say, the transportation industry has experienced its share of strain over the past two years. Everything from China trade tariff impacts, trucking hours-of-service changes, equipment and chassis allocation, carrier agreements, mega-vessel deliveries, and even weather has had a significant impact on America’s ports. Chassis shortages and mega-vessel deliveries [...]
For the third consecutive month, U.S. shippers should be prepared to deal with ongoing congestion, delays and equipment shortages that have been plaguing the Los Angeles-Long Beach Port complex. The cause of the extreme gridlock and increasing dwell times is due to the unparalleled surge in imports, backlogs from weather [...]
Britain’s Prime Minister, Theresa May, suffered a devastating defeat when the proposal to leave the European Union (EU), Brexit, lost in a 432 to 202 vote against withdrawal in Parliament. The vote was the biggest defeat for a Prime Minister in modern times, leaving the country in uncharted territory as [...]
Section 301 Exclusions Won’t be Implemented by CBP Until Government Shutdown Ends “At the conclusion of the government funding hiatus, CBP will issue instructions on entry guidance and implementation,” Customs & Border Protection (CBP) has advised. Once the government shutdown is ended, the updates to ACE on the exclusions will implemented [...]
Shippers were thrown into more turmoil this past week after British Prime Minister, Theresa May, delayed Brexit debates indefinitely. The latest deal between May and the European Union (EU) has failed to win any political support, forcing shippers to adopt a worst-case scenario in the scheduled upcoming March 29thdeparture. *(updated) [...]
