The Panama Canal is a crucial shipping lane that connects the Atlantic and Pacific oceans, enabling vessels to bypass the long journey around the tip of South America. The canal is currently facing significant challenges due to declining water levels in the lake system that supports the canal. DRY [...]
YOU ASK, GREEN ANSWERS What is a General Rate Increase (GRI)? A General Rate Increase, also known as GRI, is an annual percentage increase in shipping rates applied to the base freight rates. General Rate Increases reflect rising costs in transportation for a supply chain – such as, fuel, [...]
The executive in charge of trade remedies, intellectual property enforcement, and e-commerce at U.S. Customs and Border Protection (CBP) clarified that small-value shipments entering the U.S. are not overlooked simply because no duties are owed. Brandon Lord, the executive director of the Trade Policy and Programs Directorate, addressed this misconception [...]
CBP TRADE FACILITATION AND CARGO SECURITY SUMMIT HIGHLIGHTS Green Worldwide Shipping attended the 2023 Trade Facilitation and Cargo Security Summit presented by U.S. Customs and Border Protection (CBP) in Boston last week. Formerly known as the Customs Trade Symposium, over 1,300 representatives from government agencies, carriers, brokers, forwarders, importers, exporters, [...]
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 international [...]
U.S. Customs and Border Protection (CBP) is developing a machine learning system to analyze shipments in large quantities, identify potential forced labor, and flag shipments that are eligible for detention. Kellie Gerstmyer and Natasha Llewellyn represented Green Worldwide Shipping at the 2023 Trade Facilitation and Cargo Summit last week, where [...]
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 international [...]
Brokers are currently administering Harmonized Tariff Schedule codes for de minimis shipments in the Section 321 Type 86 test. De Minimis value: Items imported into the United States that value under $800 and are not subject to duty. SECTION 321 TYPE 86 SHIPMENTS Entry Type 86 was created in 2019 [...]
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 international [...]
Fuel, in general, refers to any substance that is burned to produce energy. In the context of marine transportation, fuel typically refers to various types of fuel that are used to power ships, including bunker fuel, diesel, and liquefied natural gas (LNG). Bunker fuel refers to the heavy, viscous [...]
