As the holiday shipping season peaks in advance of New Year tariffs, international shippers are already examining the market for the significant upcoming ocean carrier contract season. Effective January 1, 2020, an international cap on sulfur emissions from bunker fuel will add substantial costs to ocean carriers before existing beneficial [...]
In a frantic race against time, Canada and the United States sealed the deal this past Sunday to secure trilateral trade that had been progressing under the North American Free Trade Agreement (NAFTA) for almost a quarter of a century. The new deal, known as the United States-Mexico-Canada Agreement (USMCA), [...]
One hundred and fifty United States trade and consumer groups petitioned U.S. Trade Representative Robert Lighthizer, before the close of public comment on Thursday, September 6th, against the implementation of yet another round of Section 301 duties on $200 billion worth of Chinese imports. “U.S. manufacturers, service [...]
On Monday, August 27th, the United States and Mexico reached a preliminary accord that would modernize the 24-year-old North American Free Trade Agreement (NAFTA). Known as the U.S. - Mexico Trade Deal, the compromise follows hours after the United States and Canada failed to negotiate a full revision of NAFTA. [...]
Back in October 2016, at the 70th session of the International Maritime Organization’s (IMO) Marine Environmental Protection Committee (MEPC), the IMO announced the enforcement of a new regulation that would place a sulfur cap on fuel oil emissions known to damage wildlife, cause acid rain and respiratory ailments. Under the [...]
Yesterday, the Office of the United States Trade Representative (USTR) released a finalized second list of tariffs, approximately $16 billion worth of imports from China, that will be subject to an additional 25 percent duty starting August 23, 2018. Originally published on June 15th, the tariffs are part of the U.S. [...]
It’s been two years since 51 percent of Britain’s population voted for the separation of the United Kingdom (UK) from the European Union (EU), but little has been done to reassure the community and the world of a “seamless” departure. Commonly referred to as “Brexit,” the decision to leave the [...]
Beginning June 1st, 2018, Chinese Customs has announced the launch of a new manifest initiative to expedite clearance procedures for both import and export, air and ocean cargoes. An electronic submission will be required 24 hours prior to loading at the port of export, as reflected on the bill of lading. [...]
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