As a U.S. government shutdown looms, both industry and government agencies are preparing for potential disruptions. At issue is 12 appropriations bills that have not been passed that dictate discretionary spending levels by Congress. With the new fiscal year starting in October, the deadline for lawmakers to pass legislation that [...]
The Department of Commerce (DOC) and the International Trade Commission (ITC) recently made joint affirmative determinations, leading to the issuance of antidumping duty orders on mattresses from originating from Cambodia, Indonesia, Malaysia, Serbia, Thailand, Turkey, and Vietnam. Additionally, the DOC amended its final determination on mattresses from Cambodia. UNDERSTANDING THE [...]
OCEAN FREIGHT CAPACITY TIGHTENS Carriers have recently declared that 21.5% of the available capacity on the Asia-North Europe trade route will be canceled in October, resulting in the removal of 320,476 TEUs from the market during that month. This represents a significant increase from the 8.7% capacity reduction observed [...]
U.S. Customs and Border Protection (CBP) recently announced the successful completion of its first interoperability test. The primary objective of CBP's testing was to establish global standards that enhance supply chain visibility and foster effective communication between private and government organizations, utilizing various technologies. The Department of Homeland Security's [...]
STRENGTHENING GLOBAL TRADE The Indo-Pacific Economic Framework for Prosperity (IPEF) Supply Chain Agreement, recently introduced by the U.S. Department of Commerce, is an important development in the world of global trade. This agreement emphasizes countries working together to make supply chains stronger and more resilient, while helping to boost economies. [...]
CERTAIN SECTION 301 EXCLUSIONS EXTENDED The U.S. Trade Representative (USTR) is continuing the ongoing Section 301 investigation into China's technology practices. This investigation, which has been in progress for several years, centers on concerns related to technology transfer, intellectual property, and innovation. Several commodities including medical products, terry bathrobes, [...]
The Bureau of Industry and Security (BIS) is proposing a series of modifications to overhaul the exclusion procedure for Section 232 steel and aluminum tariffs. These proposed adjustments are intended to enhance the precision of exclusion requests, simplify the objections process, and elevate the overall efficiency of the system. The [...]
Hurricane Idalia made landfall in Florida Wednesday morning bringing with it storm surges upwards of 15-feet in height, flooding, and heavy winds. After making landfall in the "Big Bend" region of Florida, Idalia progressed northeastward through the state, leaving a trail of wind damage and flooding in its wake as [...]
GOLDEN WEEK IN CHINA As China's Golden Week holiday approaches, scheduled from October 1 to October 7, 2023, it is important for shippers and businesses to prepare for its impact on the global supply chain. Early planning and close communication with a trusted freight forwarder and suppliers will help [...]
The U.S. Customs and Border Protection (CBP) agency implements U.S. government initiatives aimed at eliminating goods linked to forced labor and in violation of intellectual property rights. In July, the agency identified $272 million worth of shipments held for further investigation due to suspicions these were either counterfeit products or [...]
