Freight Market

China-U.S. Trade Continues to Erode Amid Heated Tariff Flinging

In a statement released by the White House on Monday, September 17, 2018, President Donald Trump announced, “Today, following seven weeks of public notice, hearings, and extensive opportunities for comment, I directed the United States Trade Representative (USTR) to proceed with placing additional tariffs on roughly $200 billion of imports [...]

The State of 2018 Logistics, a Peek into Peak Season

CLICK HERE FOR YEAR-TO-DATE FREIGHT NEWS THAT MADE HEADLINES    International shippers expecting calm, profitable peak season markets, after toiling consolidation of the steamship line industry last year, are finding the path to consumers is political, congested and, once again, expensive. POLITICS OF TRADE While most hesitate in labeling it [...]

2018-08-29T15:25:17+00:00August 29th, 2018|Customs, Domestic, Freight Market, Import, Uncategorized|

2020 IMO Fuel Sulphur Regulation: What Shippers Need to Know

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 sulphur cap on fuel oil emissions known to damage wildlife, cause acid rain and respiratory ailments.  Under the [...]

2018-08-15T19:53:45+00:00August 15th, 2018|Export, Freight Market, Import, Shipping News|

Shortages Strain U.S. Trucking as Peak Season Approaches

It’s difficult for shippers to ignore the tight capacity and backlog of deliveries plaguing domestic transportation across the United States.  Fleets nationwide are desperate for drivers and equipment as freight rates, diesel prices, and container volumes continue to soar heading into the August peak season.  Intermodal providers may have locked [...]

2018-08-13T20:23:06+00:00July 24th, 2018|Domestic, Freight Market|

Logistics in the Dark as Brexit Approaches

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 [...]

Quarterly Freight Market Overview

Trade & tariffs If you’re a business owner, then chances are you’ve been following as the United States trade agenda sent waves of change across international waters.  After implementing  tariffs on imported steel and aluminum, the Administration also announced the first round of additional 25 percent Section 301 tariffs on [...]

ILA, USMX Reach 6-Year Contract for East & Gulf Coast Ports

International shippers doing business through America’s East and Gulf Coasts can breathe a little easier as the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX)  await ratification of a tentative six-year master contract.  For importers and exporters, it is a rare sign of stability in a fluctuating [...]

2018-08-07T13:42:01+00:00June 7th, 2018|Freight Market, Shipping News|

Brazil Truckers Win as Economy Stumbles to Recover

Drivers may have been celebrating after a compromise was reached between the Brazilian Association of Truckers, Abcam, and the government, but manufacturers across the country took deep losses.  The 30-day truce comes days after a crippling, nationwide strike that cost the country $9 billion in lost income and damages. While [...]

U.S. Trade Allies Retaliatory Response to Tariffs

Last week, the United States shocked the international trade community by implementing 25 percent tariff on steel and 10 percent on aluminum for its closest trading allies, the European Union, Canada, and Mexico.  While the greater culpability of steel and aluminum overcapacity rests with China, the U.S. believes transshipping, currency [...]

2018-08-07T13:42:32+00:00June 4th, 2018|Customs, Freight Market, Import, Shipping News|

U.S. Trade, Tariffs for Everyone

The United States will proceed with implementing a 25 percent tariff on steel and 10 percent on aluminum imports starting midnight this Friday, June 1, 2018.  Originally announced in March, key allies were exempt pending independent trade negotiations, such as North American Free Trade Agreement (NAFTA), but with stagnant progress, the administration [...]

2018-08-07T13:48:58+00:00May 31st, 2018|Customs, Freight Market, Import, Shipping News|
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