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Fuel Prices Drop Amid New Market Conditions

In recent weeks, global gas prices have dropped significantly, and though most consumers have been unable to take advantage of these savings directly due to quarantine restrictions, other businesses have found a silver lining. The reduction in fuel costs has provided some adjustment relief for the transportation industry that had [...]

2020-04-16T16:59:10+00:00April 16th, 2020|Freight Market, Shipping News|

CRS COVID-19 Report: China Medical Supply Chains and Broader Trade Issues

Last week, the Congressional Research Service published the COVID-19: China Medical Supply Chains and Broader Trade Issues Report in order “to assess current developments and identify immediate and longer range China trade issues for Congress.” Specifically, the report focuses on initial shortages of medical supplies, such as pharmaceuticals and personal [...]

2020-04-15T16:24:32+00:00April 15th, 2020|Export, Freight Market, Import|

Operations Temporarily Suspended at Port of Houston’s Bayport and Barbours Cut Container Terminals

The Houston Port Authority has learned that someone who worked at both Barbours Cut and Bayport container terminals has tested positive for COVID-19. In light of this information, and in an abundance of caution, both public terminals are closed and operations are temporarily suspended while a thorough investigation is being [...]

2020-03-20T14:39:58+00:00March 19th, 2020|Freight Market, Industry Spotlight, Shipping News|

Why Logistics Teams Lead Supply Chain Sustainability Programs

what is sustainability? Depending on a company’s corporate vision, mission and goals, the way sustainability is defined can vary drastically from one business to the next. Responsible organizations that engage in sustainable practices are challenged to develop business strategies that cover human rights, labor, anti-corruption, and the hottest topic for [...]

Port of Vancouver Impacted by Pipeline Protesters Blocking Rail Lines

Protesters, in solidarity with the Wet’suwet’en hereditary chiefs, gathered on the Canadian National Railway (CN) line in Vancouver, Canada, to protest the building of the Coastal GasLink pipeline through traditional Indigenous territory. The blockade comes days after a separate, non-violent protest was initiated at the Port of Vancouver where [...]

2020-02-19T13:06:49+00:00February 19th, 2020|Freight Market, Shipping News|

U.S. Senate Passes USMCA, now heads to President’s Desk

On January 16th, the U.S. Senate overwhelmingly approved legislation to overhaul the 25-year-old trade pact among the U.S., Canada, and Mexico. The deal, more commonly known as USMCA, passed by 89-10, now goes to the President’s desk for signature after which the bill will be passed to Canada for their [...]

2020-01-17T16:53:40+00:00January 17th, 2020|Export, Freight Market, Freight Talk, Import, Shipping News|

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 [...]

2020-02-24T14:28:27+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 [...]

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