"Our nation’s rail system is literally the backbone of our supply chain, as you all well know. And so much of what we rely on is delivered on our rail, from clean water to food and gas and every — every other good. A rail shutdown would have devastated [...]
U.S. HOUSE BLOCKS RAIL STRIKE Today, the U.S. House of Representatives voted to block a nationwide rail strike by imposing a labor contract weeks before a threatened labor stoppage would impact the economy. The resolution, H.J. Res. 100, seeks to prevent a freight shutdown estimated to cost the U.S. [...]
US MARITIME ADMINISTRATION AWARDS $39 MILLION TO STRENGTHEN SUPPLY CHAIN The U.S. Department of Transportation's Maritime Administration (MARAD) awarded $39 million in grants to fund 12 marine highway projects throughout the Nation under America's Marine Highway Program (AMHP). This grant money was earmarked to boost services on the nation's [...]
GREEN ACADEMY TRAINEES CLEAN UP LOCAL PARK Green Worldwide Shipping's Academy Trainees spent the day volunteering at Barker Bryant Memorial Park in DeKalb County, Georgia. The group cleaned up litter in and around the lake to beautify the park for their local community and to help the environment. Their efforts [...]
MANUFACTURING SLOWS IN CHINA An energy-draining heatwave, COVID-19 resurgence, and tropical storms have slowed Chinese manufacturing in recent weeks. FACTORS IMPACTING CHINESE MANUFACTURING COVID-19 Tropical Storms Heatwave COVID-19 LOCKDOWN China's no-tolerance COVID-19 policy forced lockdowns in Chengdu, part of Sichuan Province, shuttering some manufacturing operations. China recently announced an [...]
LIVERPOOL PORT CONTAINERS' WORKERS PLAN STRIKE Nearly 560 port container operations and engineer workers are planning a two-week strike from September 19 through October 3 due to disagreements over wages. Mersey Dock and Harbor Company (MDHD), a member of Peel Ports Group, oversees operations for Liverpool Port which is [...]
China’s finance ministry announced on Monday evening that it would proceed in raising tariffs on roughly $60 billion worth in American goods beginning June 1, 2019. Beijing will increase tariffs on more than 5,000 products to 20 percent or 25 percent from the previous 10 percent imposed last fall. As [...]
On November 13th, the United States Department of Commerce (DOC) announced final determinations of the anti-dumping and countervailing investigations of hardwood plywood imports from the People’s Republic of China. Merchandise subject to investigations included: Hardwood and decorative plywood; Certain veneered panels: Defined as flat, multi-layered plywood consisting of 2 or [...]
