On Tuesday, December 14, 2021, the United States Senate and House of Representatives finalized a bipartisan bill that would restrict imported goods made with forced labor from China’s Xinjiang region. The same evening, the House unanimously voted to pass the updated legislation. Under the new Uyghur Forced Labor bill… goods [...]
On Wednesday, December 8, 2021, the U.S. House of Representatives approved the passing of the Ocean Shipping Reform Act (OSRA) of 2021. The new legislation addresses complaints from U.S. shippers regarding ocean carrier storage fee policies and container prioritization practices. The bill was sponsored by John Garamendi, the Democrat Representative [...]
The Office of the U.S. Trade Representative have announced a 6-month extension for 81 of 99 COVID-related Section 301 tariff exclusions that were scheduled to expire on November 14, 2021. The USTR will provide a transition period of 16 days for all COVID-related exclusions that will now expire on November [...]
On October 31, 2021, the U.S. Commerce Department released an Announcement of Actions on EU Imports Under Section 232 adding a tariff-rate quota (TRQ) for 54 steel and 14 aluminum product categories. STEEL TARIFF RATE QUOTA SUMMARY TRQ annual import volume is set at 3.3 MMT TRQ applies to 54 [...]
Gases that trap heat in the atmosphere and make the planet warmer are called greenhouse gases (GHG). Human activities are responsible for almost all of the increase in greenhouse gases in the atmosphere over the last 150 years. These greenhouse gas emissions come from burning fossil fuels for electricity, [...]
On Tuesday, September 22, 2021, President Xi Jinping pledged that China, the world’s biggest polluter of greenhouse gases, will be carbon neutral by 2060. The announcement and China’s new, aggressive stance on carbon emissions comes on the heels of power supply issues as rolling blackouts, that began earlier this year, [...]
IMPACT OF HURRICANE IDA The Port of New Orleans remained closed Tuesday, August 31 2021 as a severe power loss in the region prevented operations from returning to normal following Hurricane Ida. The main utility provider along the Gulf Coast announced that 820,000 customers without power as a result of [...]
On Sunday, July 25, 2021, Typhoon In-Fa wreaked havoc on the Shanghai area, causing some of the world's busiest maritime ports to shut down until at least Tuesday. According to local officials, all Shanghai ports, as well as some in adjacent regions, will remain closed after the severe storms over [...]
Extreme delays and wait times at Chicago’s O’Hare International Airport have caused some ground service providers to temporarily suspend the acceptance of new air import cargo deliveries this week. Due to congestion, waiting times, and loading delays, import recoveries from several airlines and ocean handlers are taking an average of [...]
