On August 10, 2018, the United States issued a proclamation increasing ad valorem duties on steel articles from the Republic of Turkey. Starting at 12:01 AM EST on August 13, 2018, steel articles from Turkey will be subject to an additional duty rate of 50 percent, with respect to goods [...]
In 2015, Elon Musk’s aerospace company, SpaceX, announced a Hyperloop Pod Competition challenging college university teams to design and build pods for high-speed tunnels. Spanning three years, student team from around the world came together in 2016 to debut their pod designs and compete to set the standard and showcase [...]
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 [...]
Shippers, reliant business owners, and other dependent industries are watching closely as the United States and China face-off in tense international trade negotiations. Earlier this year, the U.S. administration announced 25% tariff on steel and 10% on aluminum imports in an effort to protect domestic manufacturing from excessive “dumping” by Chinese [...]
As the September 30thdeadline looms, labor negotiations between the International Longshoremen’s Association (ILA) and United States Maritime Alliance (USMX) committees are scheduled to meet in Florida, June 5-7, in hopes of reaching an East and Gulf coast master, six-year contract. Historically, negotiations haven’t been agreeable between port operators and labor [...]
On April 30th, the United States issued extensions and exemptions to preferred trading partners from the Section 232 steel and aluminum import duties. 30-day exemptions for steel imports have been issued to: Canada Mexico Australia Argentina South Korea Brazil European Union Post-June 1, full exemptions on steel imports will continue for: Argentine Australia [...]
International shippers are growing increasingly desperate as on-going strike activity causes innumerable backlogs to Port of Santos import operations. Brazil’s Receita Federal, represented by Sindifisco, the Customs officers’ union, have been staging all-day protests since October 2017. In February, the union received a four-month, full-pay extension from Brazil’s High Court [...]
DOWNLOAD THE PDF Looking for an air advantage? Contact Green for flexible alternative routings at [email protected]. To stay up-to-date, follow us on Facebook, Twitter, and LinkedIn for continuous updates and make sure to check out our website at greenworldwide.com.
On Wednesday, March 23rd, the U.S. approved passage of $1.3 trillion omnibus spending bill that would keep the government operating through September. Passing in both Senate and House, the bill included extension of the Generalized System of Preferences (GSP) through December 31, 2020. A relief for many importers, who’ve been [...]
On Thursday March 8, 2018, President Trump defied domestic and international critics and signed orders to impose 25% tariffs on steel and 10% on aluminum imported into the U.S. The action was taken in defense of American industry and leverage as the President re-negotiates NAFTA, the North American Free Trade [...]
