In February 2022, The Federal Maritime Commission (FMC) passed regulations on detention and demurrage billing associated with the Ocean Shipping Reform Act of 2022 (OSRA-22), in favor of U.S. shippers facing unfair billing practices. The National Retail Federation (NRF) submitted over 250 industry comments suggesting the FMC ruling will limit [...]
The INFORM Consumers Act and the STURDY Act were included in the over 4,000-page omnibus appropriations bill for Fiscal Year 2023 (FY23) which was approved by Congress and signed into law by President Joe Biden last week. Both of these acts were included to provide consumer protections. INFORM CONSUMERS ACT [...]
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 [...]
THE Alliance – a partnership of steamship lines that includes members Hapag-Lloyd, Ocean Network Express (ONE), HMM and Yang Ming – announced a new commitment to sustainability and optimizing the efficiency of the shipping network with a series of new fuel-efficient vessels. The larger vessels will replace smaller, less efficient [...]
As previously reported by Green, the CBP is launching a new requirement within CBP’s Automated Commercial Environment (ACE). The new requirement will be called “UFLPA Region Alert” under which the “postal code” will become a “required field” when “Country of Origin is China for Entry and for Manufacturer Identification Code [...]
U.S. Customs Border Protection (CBP) approved the extension of Immediate Delivery (ID) procedures for merchandise being transported between December 16 and December 31, 2022. ID privileges were first provided to importers in 2020, allowing certain merchandise (identified in 19 CFR 142.21) to be released under a special permit, which would [...]
“I said when we launched this program that I hoped we would never collect a dime because that would mean that containers were moving off our docks. And that’s exactly what occurred,” said Port of Los Angeles Executive Director Gene Seroka. “I’m grateful to the cargo owners and all our [...]
Green Worldwide Shipping reported in March that many products including terry bathrobes, barbecue grill surfaces, and certain bicycles were excluded from Section 301 tariffs levied on imports from China. The Office of the US Trade Representative (USTR) today announced a nine-month extension of these exclusions. Originally set to expire [...]
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 [...]
On December 9, 2022, The World Trade Organization (WTO) issued four rulings stating the violation of Articles I, II, XI and XXI of the General Agreement on Tariffs and Trade (GATT) in U.S. Section 232 steel and aluminum tariffs. The three person WTO panel stated the tariffs enforced in 2018 [...]
