On Monday, April 2, 2018, China announced import duties on U.S. goods such as pork, fruit, nuts, wine, ginseng, aluminum, ethanol and pipes. Responding within World Trade Organization (WTO) guidelines, the retaliatory measure by the United States’ largest trading partner comes as a swift response to Washington’s March 8thexecutive order [...]
On Wednesday, March 23rd, the U.S. approved passage of $1.3 trillion omnibus spending bill that would keep the government operating through September. Passing in both Senate and House, the bill included extension of the Generalized System of Preferences (GSP) through December 31, 2020. A relief for many importers, who’ve been [...]
After a seven-month investigation by U.S. Trade Representatives into China’s unfair trade practices, the U.S. signed an executive order imposing retaliatory import tariffs on $60 billion worth of Chinese imports. Covering 1,300 product lines, the final list of targeted products will be published 15 days after the Thursday announcement and [...]
Weeks after 76 containers fell off a cargo ship off of the North Carolina coast, the Coast Guard is still warning mariners to look out for missing containers from March 4th incident. Deemed hazardous due to toxic materials and overall size of the containers floating, shippers are once again reminded [...]
While the southern states experience their first week of pollen, the North East just can’t catch a break as it hunkers down for the fourth winter storm of the month. Expected to bring strong winds, tree damage, and power outages, Winter Storm Toby may be the heaviest snowstorm of the [...]
It’s no secret that ocean carriers have been struggling to turn a consistent profit in the past decade. Over time, steamship lines have phased out chassis ownership and invested in mega vessels to hedge against market risks, but the current U.S. trucking environment has created an impossible door delivery expectation, [...]
As the world celebrated International Women’s Day on March 8th, the global trade community watched 11 countries, excluding the United States, sign on to the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) in Santiago, Chile, removing up to 98% of tariffs for member-nations trading across Asia. Minutes later, U.S. President Donald [...]
With temperatures 40 degrees below zero, extreme weather in Northern Corridor of Canada continues to disrupt rail lines. The impact affects the ability for locomotives to generate enough air flow for the train’s braking system. WHAT SHIPPERS CAN EXPECT: capacity, train lengths, and velocity have decreased; ocean port terminals Halifax, [...]
On Thursday March 8, 2018, President Trump defied domestic and international critics and signed orders to impose 25% tariffs on steel and 10% on aluminum imported into the U.S. The action was taken in defense of American industry and leverage as the President re-negotiates NAFTA, the North American Free Trade [...]
Following two winter storms in one week, the Northeast can’t catch a break. Cities like Boston and Nantucket experienced up to 3 feet of snow, while Green’s New Jersey office took on 6 inches. Here’s how East Coast ports are dealing with the arctic blast. Due to strong wind gusts [...]
