Shipping News


The USMCA (United States-Mexico-Canada Agreement) Becomes the New NAFTA

In a frantic race against time, Canada and the United States sealed the deal this past Sunday to secure trilateral trade that had been progressing under the North American Free Trade Agreement (NAFTA) for almost a quarter of a century.  The new deal, known as the United States-Mexico-Canada Agreement (USMCA), [...]

2024-02-26T18:57:08+00:00October 1st, 2018|Customs, Export, Freight Market, Freight Talk, Import, Shipping News|

China-U.S. Trade Continues to Erode Amid Heated Tariff Flinging

In a statement released by the White House on Monday, September 17, 2018, President Donald Trump announced, “Today, following seven weeks of public notice, hearings, and extensive opportunities for comment, I directed the United States Trade Representative (USTR) to proceed with placing additional tariffs on roughly $200 billion of imports [...]

2024-02-26T18:51:07+00:00September 18th, 2018|Customs, Freight Market, Import, Industry Spotlight, Shipping News|

CBP Issues Vessel Diversion Procedures for Hurricane Florence

PER CBP CSMS# 18-000526 VESSEL DIVERSION PROCEDURE FOR HURRICANE FLORENCE A hurricane warning is in effect for the Carolinas, Virginia and Maryland.  U.S. Customs and Border Protection (CBP) ports of entry (POE) within these areas may receive requests for vessel diversions as a result of pending weather conditions.  In anticipation that vessels [...]

2018-09-12T18:03:22+00:00September 12th, 2018|Import, Shipping News|

Hurricane Florence Starts Off Holiday Storms

Scheduled to hit late Thursday night, Hurricane Florence is expected to impact the Carolinas and Virginia into early Friday this week. The Category 4 hurricane has prompted state officials to announce mandatory evacuation orders for residents and businesses located on the coast. Due to Hurricane Florence, the following ports have [...]

2018-09-11T14:44:18+00:00September 11th, 2018|Green News, Shipping News|

150 U.S. Trade Groups Plead Against China Tariffs

One hundred and fifty United States trade and consumer groups petitioned U.S. Trade Representative Robert Lighthizer, before the close of public comment on Thursday, September 6th, against the implementation of yet another round of Section 301 duties on $200 billion worth of Chinese imports. “U.S. manufacturers, service [...]

2024-02-26T18:10:31+00:00September 7th, 2018|Export, Import, Industry Spotlight, Shipping News|

Countdown Begins for Canada’s Involvement in U.S.-Mexico Trade Deal

On Monday, August 27th, the United States and Mexico reached a preliminary accord that would modernize the 24-year-old North American Free Trade Agreement (NAFTA). Known as the U.S. - Mexico Trade Deal, the compromise follows hours after the United States and Canada failed to negotiate a full revision of NAFTA. [...]

2018-09-04T18:21:13+00:00September 4th, 2018|Customs, Export, Import, Shipping News|

2020 IMO Fuel Sulfur Regulation: What Shippers Need to Know

Back in October 2016, at the 70th session of the International Maritime Organization’s (IMO) Marine Environmental Protection Committee (MEPC), the IMO announced the enforcement of a new regulation that would place a sulfur cap on fuel oil emissions known to damage wildlife, cause acid rain and respiratory ailments.  Under the [...]

2019-01-28T19:05:40+00:00August 15th, 2018|Export, Freight Market, Import, Shipping News|

Merchandise Processing Fee Changes Effective October 1, 2018

Pursuant to the General Notice (83 FRN 37509) published August 1, 2018, various changes to user fees within the Consolidated Omnibus Budget Reconciliation Act (COBRA) of 1985 will take effect on October 1, 2018. The Merchandise Processing Fee (MPF) ad valorem rate of 0.3464% will NOT change. The MPF minimum [...]

2018-08-15T15:58:10+00:00August 15th, 2018|Customs, Import, Shipping News|

Second Wave of Section 301 Tariffs Target $16 Billion Starting August 23rd

Yesterday, the Office of the United States Trade Representative (USTR) released a finalized second list of tariffs, approximately $16 billion worth of imports from China, that will be subject to an additional 25 percent duty starting August 23, 2018. Originally published on June 15th, the tariffs are part of the U.S. [...]

2024-02-26T18:10:30+00:00August 9th, 2018|Customs, Export, Import, Shipping News|
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