WEEKLY FREIGHT MARKET UPDATE Green Worldwide Shipping's Freight Market Update covers port information, import and export news, vessel wait time and cargo vessels at major ports & more. For continuous updates, make sure to check out our website at greenworldwide.com. As Green continues to monitor [...]
WEEKLY FREIGHT MARKET UPDATE Green Worldwide Shipping's Freight Market Update covers port information, import and export news, vessel wait time and cargo vessels at major ports & more. For continuous updates, make sure to check out our website at greenworldwide.com. As Green continues to monitor [...]
Pursuant to the General Notice (88 FR 48900) published on July 28, 2023 various changes to user fees within the Consolidated Omnibus Budget Reconciliation Act (COBRA) of 1985 took effect on October 1, 2023. MERCHANDISE PROCESSING FEE UPDATES The Merchandise Processing Fee (MPF) ad valorem rate of 0.3464% did NOT [...]
Officers of the International Longshore and Warehouse Union (ILWU) recently filed for Chapter 11 Bankruptcy protection in a Northern District Court of California. The ILWU seeks relief after a lengthy legal dispute with terminal operator ICTSI. “We intend to use the chapter 11 process to implement a plan that will [...]
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 [...]
WEEKLY FREIGHT MARKET UPDATE Green Worldwide Shipping's Freight Market Update covers port information, import and export news, vessel wait time and cargo vessels at major ports & more. For continuous updates, make sure to check out our website at greenworldwide.com. As Green continues to monitor [...]
Green Worldwide Shipping®, a leading provider of international freight forwarding and supply chain logistics, is pleased to welcome Soeren Neumann as the new Branch Manager for the company’s Denver, Colorado location. Serving as the innovation hub for Green Worldwide, the Denver branch is home to the Customer Success, Green Engineered [...]
Green Worldwide Shipping®, a pioneer in promoting eco-friendly practices within the logistics industry, continues to lead the way in sustainable supply chain initiatives. As part of their ongoing commitment to combat climate change, Green Worldwide proudly announces its 2023 Q2 donation of 30,000 trees to Trees for the Future [...]
