FAQ: What is a Revenue Ton?
A revenue ton is a unit measure used in marine transport, on which a shipment is freighted. Cargo is rated as weight or measure (W/M) depending on the commodity. Weights are based on metric tons and 1 metric ton = 1,000 Kilograms (2,205 lbs.) Measures are [...]
Disruptions at the Port of Montreal Continue to affect North American Supply Chains
Over the weekend, Montreal port employers stated that they would not pay full salaries to longshore workers, in response to the 11% drop in tonnage processed last month, as shippers have continued to divert their cargo away from Canada’s second-largest port. Meanwhile, other North American ports have been handling double-digit [...]
FAQ: What are the Differences in Freight Release Types?
When it comes to shipping, the Bill of Lading is considered one of the most important documents in the transaction. A Bill of Lading, or BL, is a document that establishes the terms of a contract between the parties involved in a shipment. It serves as [...]
Aluminum Licensing Requirement Delayed Until June 28
The U.S. Department of Commerce has announced that it will be delaying compliance of the final rule, “Aluminum Import Monitoring and Analysis System,” by staying the implementation of 19 CFR part 361 from March 29, 2021 to June 28, 2021. ALUMINUM IMPORT MONITORING TIMELINE December 23, 2020 - Commerce published [...]
Mega-Merger in the Works Between Two Historic Railroads, Canadian Pacific & Kansas City Southern
On March 21st, Canadian Pacific Railway (CP) announced that they have entered into an agreement to merge with Kansas City Southern Railway (KCS). When finalized, the result will be the first rail network connecting Canada, the U.S. and Mexico. The proposed new name for the company is Canadian Pacific Kansas [...]
FAQ: Which Countries Require ISPM 15 Compliance for Wood Packaging Materials?
ISPM 15 BACKGROUND Packaging used in international trade that is made of raw wood materials such as pallets or wooden crates can house small insects or other pests which presents a major issue if left unregulated. To prevent the possible spread of quarantine pests and plant [...]