Freight Market

Shipping Industry Braces for Low Sulfur Fuel Mandate Surcharges, IMO 2020 Effective January 1

IMO 2020 Starting January 1, 2020, the International Maritime Organization’s (IMO) Low Sulfur Fuel Mandate will go into effect impacting all-sized ships operating domestically and internationally. Because the sulphur oxides that are produced as a result of heavy fuel oil distillation are harmful to human health, in the form of [...]

2019-09-11T15:24:28+00:00September 11th, 2019|Freight Market, Industry Spotlight, Shipping News|

Section 301 Tariff Increases, Summary & Deadlines

On the Sunday eve before Labor Day, as American families gathered to celebrate the social and economic achievements of the U.S. labor movement, increased trade tariffs went into effect targeting imports from China in an ongoing effort by the U.S. government to pressure a trade deal and eliminate unfavorable trade [...]

2019-09-04T02:45:48+00:00September 4th, 2019|Customs, Export, Freight Market, Import, Industry Spotlight|

USTR Publishes First Round of Exclusions for $16 Billion Section 301 List of Chinese Imports

Scheduled for official publication in the Federal Register on July 31, 2019, the Office of the U.S. Trade Representative (USTR) published the first round of product exclusions to be exempt from the second tranche of $16 billion Section 301 imports from China implemented almost a year ago on Aug. [...]

2019 Peak Shipping Season [Infographic]

As the 2019 holiday shipping season approaches, U.S. importers have begun reviewing the market conditions that will heavily impact supply chain costs for the second half of the year. The following infographic is a snapshot of peak freight trends that international shippers should pay attention to in the next six [...]

Terminal Delays Expected during 4th of July Holiday

The Ports of Los Angeles and Long Beach have announced schedules for the Independence Day holiday period of Thursday, July 4, 2019, through Sunday, July 7, 2019. Shippers should make note that all terminals will be closed both July 4 and July 5 in observance of Independence Day. Other container [...]

2019-06-28T15:21:18+00:00June 27th, 2019|Freight Market, Shipping News|

Houston Shipping Industries Seek Veto on Texas SB 2223 Restricting Large Vessels

It’s been quite a year for the Port of Houston, after a fire closure and a major tanker collision, the Houston Ship Channel has been under significant pressure to create safe passage for the 200 private and eight public terminals using the 52-mile federal waterway. Every day, the passage is utilized by [...]

2019-06-13T19:15:58+00:00June 13th, 2019|Domestic, Freight Market, Shipping News|

USTR Publishes Latest List of Section 301 Product Exclusions

On May 30, 2019, the U.S. Trade Representative (USTR) published the fifth and newest list of product exclusions to be exempt from the initial Section 301 trade action that impacted over $34 billion worth of goods from China. FULL USTR NOTICE OF PRODUCT EXCLUSIONS Exclusions are available for any [...]

US Threatens Mexico with 5% Import Tariff on All Goods

Citing frustrations over illegal immigration, the U.S. President announced in a White House statement on Thursday, May 30, that the United States will implement a 5% tariff on all goods imported from Mexico beginning June 10. The message also places evaluation of the effectiveness of Mexico’s action to alleviate the [...]

China Retaliates against The United States, Raises Tariffs on $60 billion of U.S. Goods, Effective June 1st

China’s finance ministry announced on Monday evening that it would proceed in raising tariffs on roughly $60 billion worth in American goods beginning June 1, 2019. Beijing will increase tariffs on more than 5,000 products to 20 percent or 25 percent from the previous 10 percent imposed last fall. As [...]

2019-05-13T20:17:36+00:00May 13th, 2019|Customs, Export, Freight Market, Import, News|

Personnel Shift Causes Freight Crunch at US-Mexico Border

Truckers importing from Mexico into the United States are experiencing severe delays and increased wait-times after the U.S. drastically reduced the number of Customs and Border Protection (CBP) personnel handling Mexican border crossings, reassigning them to assist with the processing of illegal immigrants.  Citing a “large scale surge of migrants [...]

2019-04-24T15:38:19+00:00April 24th, 2019|Domestic, Export, Freight Market, Import|
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