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U.S. Removes Hong Kong’s Special Status, Trade Implications for Imports and Exports

On May 29, 2020, the United States President, Donald Trump, announced a significant change to international trade policy in response to China’s controversial new security law.  The U.S. believes China’s recent actions to be a “plain violation of Beijing’s treaty obligations with the United Kingdom in the Declaration of 1984 [...]

Fuel Prices Drop Amid New Market Conditions

In recent weeks, global gas prices have dropped significantly, and though most consumers have been unable to take advantage of these savings directly due to quarantine restrictions, other businesses have found a silver lining. The reduction in fuel costs has provided some adjustment relief for the transportation industry that had [...]

2020-04-16T16:59:10+00:00April 16th, 2020|Freight Market, Shipping News|

Port of Miami Closes Due to Low Volume, Resumes Operations Next Week

The Port of Miami Terminal Operative Co. (POMTOC) announced on its website that two of its terminals will be temporarily closed due to low import volumes from blanks sailings. POMTOC is comprised of three cargo terminals: Seaboard Marine - 305-863-4444 South Florida Container Terminal - 305-347-3800 Port Of Miami Terminal Operating Company - 305-533-8100 CLOSURES SFCT [...]

2020-03-20T14:05:53+00:00March 20th, 2020|Industry Spotlight, Shipping News|

Operations Temporarily Suspended at Port of Houston’s Bayport and Barbours Cut Container Terminals

The Houston Port Authority has learned that someone who worked at both Barbours Cut and Bayport container terminals has tested positive for COVID-19. In light of this information, and in an abundance of caution, both public terminals are closed and operations are temporarily suspended while a thorough investigation is being [...]

2020-03-20T14:39:58+00:00March 19th, 2020|Freight Market, Industry Spotlight, Shipping News|

Coronavirus Impact on International Transportation Persists

As reported in early February, the outbreak and continuity of the Coronavirus (COVID-19) has created unprecedented strain on shipping and travel relationships between China and the rest of the world. Most notably, air and ocean freight carriers are experiencing a sharp decrease in activity, as shippers relying on Chinese-sourced goods [...]

2020-02-25T17:17:57+00:00February 25th, 2020|Export, Import, Industry Spotlight, Shipping News|

Port of Vancouver Impacted by Pipeline Protesters Blocking Rail Lines

Protesters, in solidarity with the Wet’suwet’en hereditary chiefs, gathered on the Canadian National Railway (CN) line in Vancouver, Canada, to protest the building of the Coastal GasLink pipeline through traditional Indigenous territory. The blockade comes days after a separate, non-violent protest was initiated at the Port of Vancouver where [...]

2020-02-19T13:06:49+00:00February 19th, 2020|Freight Market, Shipping News|

Coronavirus Causes Major Delays Out of China

As confirmed cases of China’s coronavirus continue to climb, over 24,000 cases and 494 worldwide deaths, international transportation providers have begun limiting services in coordination with travel restrictions.  Chinese authorities began placing dozens of Chinese cities on lockdown and have announced a two-day extension to the Lunar New Year holiday, [...]

2020-02-05T21:14:28+00:00February 5th, 2020|Industry Spotlight, Shipping News|

U.S. Senate Passes USMCA, now heads to President’s Desk

On January 16th, the U.S. Senate overwhelmingly approved legislation to overhaul the 25-year-old trade pact among the U.S., Canada, and Mexico. The deal, more commonly known as USMCA, passed by 89-10, now goes to the President’s desk for signature after which the bill will be passed to Canada for their [...]

2020-01-17T16:53:40+00:00January 17th, 2020|Export, Freight Market, Freight Talk, Import, Shipping News|

Tropical Storm Imelda Brings Catastrophic Flooding to Houston

The remnants of tropical storm Imelda is continuing to wreak havoc on southeast Texas today, as some areas experience up to 35 inches of rain causing devastating flooding. The severe weather has prompted a full ground stop at Houston's George Bush Intercontinental Airport around 9:30 a.m. local time Thursday. The [...]

2019-09-19T15:54:17+00:00September 19th, 2019|Shipping News|

FMC Seeks Industry Comment for a Proposed Interpretive Rule on Demurrage and Detention

After years of consideration, on September 13, 2019, the Federal Maritime Commission (FMC) issued a Federal Register Notice “seeking public comment on its interpretation of the Shipping Act prohibition against failing to establish, observe, and enforce just and reasonable regulations and practices relating to or connected with receiving, handling, storing, [...]

2019-09-15T23:23:08+00:00September 15th, 2019|Domestic, Export, Import, Industry Spotlight, Shipping News|
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