UPDATE 6/17/2022: OCEAN SHIPPING REFORM ACT OF 2022 SIGNED INTO LAW ON JUNE 16 United States President Joe Biden signed the Ocean Shipping Reform Act of 2022 (OSRA-22) into law on June 16, 2022. SUMMARY OF S.3580 OCEAN SHIPPING REFORM ACT OF 2022 This bill revises requirements governing ocean [...]
UPDATE AS OF TUESDAY, JUNE 14, 2022 The Cargo Truckers Solidarity union and the South Korean Ministry of Land, Infrastructure and Transport reached a tentative agreement on Tuesday evening, ending an eight-day long nationwide trucking strike that impacted major manufacturing and shipping ports. It estimated that South Korea has lost $1.2 [...]
On Monday, May 23, 2022, in Tokyo, Japan, United States President Biden, together with a dozen partner countries representing 40% of the world’s GDP, launched the first non-traditional trade agreement of its kind, the Indo-Pacific Economic Framework for Prosperity (IPEF). The Indo-Pacific Economic Framework for Prosperity (IPEF) is a 21st [...]
West Coast Contract Deadline: July 1, 2022 International Longshore & Warehouse Union (ILWU) Leadership - Willie Adams VIDEO: Port of Los Angeles Executive Director Gene Seroka Interviews ILWU Leaders Pacific Maritime Association (PMA) Leadership - Jim McKenna VIDEO: A Message from PMA President & CEO Jim McKenna As the existing [...]
On Monday, May 9, 2022, the U.S. Department of Commerce announced the temporary suspension of the 25% Section 232 tariffs on imports of Ukrainian steel for one year. GUIDANCE Effective June 1, 2022, imports of steel articles and derivative steel articles that are products of Ukraine, as referenced in A [...]
The Federal Maritime Commission (FMC) recently launched an on-demand video to explain the available public avenues for pursuing demurrage and detention complaints. The 22-minute instructional video clarifies the procedures, timelines, considerations, and outcomes of three Commission processes: reporting a violation by contacting an area representative; finding a commercial solution by [...]
Starting June 29, 2022, U.S. Commerce Department (Commerce) Aluminum Import licensing applications will require both fields of “country of largest smelt” and “country of second largest smelt.” Commerce defines the field for the country of smelt for the largest (and second largest) volume of primary aluminum as the country where the largest volume of new aluminum [...]
On Friday, April 22, 2022, the Federal Maritime Commission (FMC) issued the first ruling against an ocean carrier for violating the Interpretive Rule on Demurrage and Detention under the Shipping Act (“demurrage and detention rule”) 85 FR 29638 (May 18, 2020). The case was brought forward in November 2021 by [...]
Last week, on April 8, 2022, United States President Biden signed H.R. 6968 “Ending Importation of Russian Oil Act” and H.R. 7108 “Suspending Normal Trade Relations with Russia and Belarus Act” into law. H.R. 6968, the “Ending Importation of Russian Oil Act,” which statutorily prohibits the importation of energy products [...]
UPDATE AS OF MARCH 22, 2022 On Tuesday, March 22, 2022, Canadian Pacific Railway Limited (CP) and the Teamsters Canada Rail Conference (TCRC) – Train and Engine Negotiating Committee have agreed enter into binding arbitration after CP implemented a lock-out over the weekend. CP will immediately begin working with customers [...]
