As reported in May, the Office of the United States Trade Representative (USTR) published the list of products from China that will be subject to Section 301 tariffs. Citing unfair policies and practices related to the transfer of technology and intellectual property rights, the administration released a statement confirming United [...]
Published and effective June 12, 2018 the Air Cargo Advanced Screening program (ACAS) addresses “ongoing aviation security threats” by enhancing the security of the aircraft and passengers on U.S.-bound flights by enabling U.S. Customs and Border Protection (CBP) to perform targeted risk assessments on air cargo prior to the aircraft departure [...]
International shippers doing business through America’s East and Gulf Coasts can breathe a little easier as the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) await ratification of a tentative six-year master contract. For importers and exporters, it is a rare sign of stability in a fluctuating [...]
Drivers may have been celebrating after a compromise was reached between the Brazilian Association of Truckers, Abcam, and the government, but manufacturers across the country took deep losses. The 30-day truce comes days after a crippling, nationwide strike that cost the country $9 billion in lost income and damages. While [...]
Last week, the United States shocked the international trade community by implementing 25 percent tariff on steel and 10 percent on aluminum for its closest trading allies, the European Union, Canada, and Mexico. While the greater culpability of steel and aluminum overcapacity rests with China, the U.S. believes transshipping, currency [...]
The United States will proceed with implementing a 25 percent tariff on steel and 10 percent on aluminum imports starting midnight this Friday, June 1, 2018. Originally announced in March, key allies were exempt pending independent trade negotiations, such as North American Free Trade Agreement (NAFTA), but with stagnant progress, the administration [...]
Beginning June 1st, 2018, Chinese Customs has announced the launch of a new manifest initiative to expedite clearance procedures for both import and export, air and ocean cargoes. An electronic submission will be required 24 hours prior to loading at the port of export, as reflected on the bill of lading. [...]
Ports all over Brazil are at a critical stand-still as the country enters its 10th day of protests. While a provisional, 30-day truce was reached between the government and Abcam, the Brazilian Association of Truck Drivers, independent operators refuse to return to work until they see lower fuel prices at gas [...]
As the U.S. trucking market tightens further under ELD compliance, shippers typically turning to intermodal for additional space will be greeted by high spot rates and cold shoulders as contracted commitments and service adjustments limit rail absorption capacity. Spot rates for intermodal are over 50 percent higher, on average, year-over-year. [...]
Shippers, reliant business owners, and other dependent industries are watching closely as the United States and China face-off in tense international trade negotiations. Earlier this year, the U.S. administration announced 25% tariff on steel and 10% on aluminum imports in an effort to protect domestic manufacturing from excessive “dumping” by Chinese [...]
