Freight Talk Blog2018-08-17T17:12:31+00:00

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Join the conversation as we explore current events impacting the international freight market. From capacity crunches to legislative impacts, Green gives you deep insights for big freight decisions.

U.S. Slaps Turkish Steel with 50% Tariff Amid Syria Conflict

On Monday, October 14, 2019, United States President, Donald Trump, signed an executive order imposing immediate sanctions against Turkey after recent “destabilizing actions in northeast Syria,” read the White House released statement. The sanctions include the immediate stop of negotiations on a $100 billion trade deal with Turkey, a full [...]

October 16th, 2019|Categories: Customs, Import, Industry Spotlight|

U.S. Cancels Oct. 15 Tariff Hike as China Deal Takes Shape

On October 11th, the U.S. announced a major step forward in the escalating trade dispute with China – that a “substantial” Phase 1 deal has been agreed to covering intellectual property, financial services, and the sale of American agriculture products. While there is doubt as to the full scope of [...]

October 15th, 2019|Categories: Customs, Export, Import, Industry Spotlight|

U.S. to Impose Up to 25 Percent Tariff on European Imports, Starting Oct. 18

On October 1st, after months of Section 301 Investigation and international arbitration, the World Trade Organization (WTO) awarded the United States “victory” over their case against Airbus and the European Union (EU). Airbus SE is a European multinational aerospace corporation that stood as the world's second biggest aerospace and defense [...]

October 4th, 2019|Categories: Customs, Import, Industry Spotlight|

U.S. and Japan Reach Trade Deal, Starting Jan. 1

On September 25, 2019 the United States and Japan reached an agreement which allowed for tariff reductions on agricultural, industrial and digital goods into both nations. The agreement will go into effect on January 1, 2020 with an additional round of reductions to be announced by April 1, 2020. Under [...]

October 3rd, 2019|Categories: Customs, Export, Import, Industry Spotlight|

USTR Announces Two New Additional Sets of Section 301 Exclusions, OCT 2

Scheduled for publication on October 2, 2019, the Office of the U.S. Trade Representative (USTR) issued two new sets of product exclusions for the first and second tranches of Section 301 tariffs on goods from China.  The notices detail clarifications for annex descriptions and advise filing procedure for brokers. The [...]

October 1st, 2019|Categories: Customs, Import, Industry Spotlight|

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 [...]

September 19th, 2019|Categories: Shipping News|

USTR Announces Additional Section 301 Exclusions, Importers Urged to Apply for Retroactive Refunds

The Office of the United States Trade Representative published a notice of additional product exclusions and technical amendments for Section 301 tariffs on Chinese imports. The notice covers 437 specific product exclusions (1,170 filed requests), clarifies the application of double tariffs for sets, and creates a unified beginning and expiration for [...]

September 19th, 2019|Categories: Customs, Import, Industry Spotlight|

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, [...]

September 15th, 2019|Categories: Domestic, Export, Import, Industry Spotlight, Shipping News|

15 Day Delay for Oct. 1 Section 301 Tariff Increase on Chinese Imports

On Wednesday, September 11, in a “gesture of good will,” United States President Donald Trump announced a 15-day postponement to the Section 301 tariff escalation, originally scheduled for October 1st, that will increase tariffs on $250 billion worth of Chinese imports from 25% to 30 percent.  The Chinese government reciprocated, [...]

September 12th, 2019|Categories: Customs, Export, Import, Industry Spotlight|

Shipping Industry Braces for Low Sulfur Fuel Mandate Surcharges, IMO 2020 Effective January 1

IMO 2020 Starting January 1, 2020, the International Maritime Organization’s (IMO) Low Sulfur Fuel Mandate will go into effect impacting all-sized ships operating domestically and internationally. Because the sulphur oxides that are produced as a result of heavy fuel oil distillation are harmful to human health, in the form of [...]

September 11th, 2019|Categories: Freight Market, Industry Spotlight, Shipping News|

PRESS RELEASE: Green Worldwide Shipping® Announces New Office in Charlotte, NC

Green Worldwide Shipping®, a leading provider of innovative international supply chain solutions, is proud to announce the opening of its newest office located in Charlotte, North Carolina.  Servicing all in- and outbound logistics solutions for the region’s international freight shippers.  Taking the lead at the new Edge Lake Drive office [...]

September 9th, 2019|Categories: Green News|

FSVP Compliance Alert: FDA Issues First Warning Letter

Showing that they have moved beyond the “educate while you regulate” stage of implementation, the U.S. Food & Drug Administration (FDA) issued the first official Warning Letter for failure to comply with FSVP regulations to a tahini food importer after a multi-state Salmonella Concord breakout. While the importer did conduct a [...]

September 6th, 2019|Categories: Customs, Import|

Section 301 Tariff Increases, Summary & Deadlines

On the Sunday eve before Labor Day, as American families gathered to celebrate the social and economic achievements of the U.S. labor movement, increased trade tariffs went into effect targeting imports from China in an ongoing effort by the U.S. government to pressure a trade deal and eliminate unfavorable trade [...]

September 4th, 2019|Categories: Customs, Export, Freight Market, Import, Industry Spotlight|

Southeast Ports close in Preparation of Hurricane Dorian

Hurricane Dorian battered through the Bahamas this weekend causing widespread power outages and flooding. As a result, evacuation orders have been issued for parts of Florida, Georgia, South Carolina, North Carolina and Virginia as Dorian is expected to bring dangerous conditions to the coast later this week. Despite a decrease [...]

September 3rd, 2019|Categories: Shipping News|

Carriers Blank Sailings Ahead of Golden Week

As the peak season shipping gets underway, trade tensions between China and the United States has had importers looking ahead to Golden Week in order to anticipate ocean carrier capacity decisions  in light of Low Sulfur regulation and the impact to rates and overall demand. Fast approaching this October 2-7, [...]

August 28th, 2019|Categories: Uncategorized|

U.S. – China Trade Dispute Escalates, Additional 5% Increase Announced

In response to China’s announcement last week to levy tariffs on $75 billion of U.S. imports, the Office of the United States Trade Representative (USTR) announced an additional retaliatory tariff increase of 5% to the $550 billion worth of Chinese imports already facing Section 301 action. 25% increase to 30% [...]

August 26th, 2019|Categories: Customs, Import, Industry Spotlight|
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Join the conversation as we explore current events impacting the international freight market. From capacity crunches to legislative impacts, Green gives you deep insights for big freight decisions.

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