As every importer knows Peak Season Shipping volumes usually dissipate once the holiday shipping season has “officially” ended at the end of December each year. But this year, and next for that matter, will definitely be a different experience from the past. As reported by Wall Street Journal, many US Port executives have been reporting […]
Our friends at the Law Firm of GRUNFELD, DESIDERIO, LEBOWITZ, SILVERMAN & KLESTADT LLP, have advised that In a Federal Register Notice dated August 27, 2021, the Office of the U.S. Trade Representative (“USTR”) announced that it is seeking comments on the extension of existing China 301 exclusions on certain medical care products. On December […]
According to an article in Food Logistics, cargo movement data tracked by Project 44, indicates that port congestion has increased again across all four major Southern California ports (Hueneme, Los Angeles, Long Beach, and San Diego). The report also claims that 41 vessels are currently anchored outside of LA and Long Beach awaiting berth space, while […]
No one should be surprised that these Ocean Shipping General Rate Increases are coming at a rate of one and sometimes two per month as we saw in September. With the staggering shipping volumes from Asia to North America continuing with no real end in sight this is the result of the Supply vs. Demand […]
Effective September 15, 2021, a General Rate Increase (GRI) has been filed for all cargo imported from Asia ports of loading, to U.S.A., Canada, and Mexico ports and ramps of discharge. This is the second General Rate Increase announced for the month of September, 2021. As we get into Peak Shipping Season, it is not […]
According to a report from FreightWaves on Friday, August 13th, FedEx Corp. announced a series of new surcharges to cover the delivery of shipments during the upcoming Peak Shipping Season, as well as a separate 60-cents-per-package surcharge to extend into 2022. The holiday surcharge cycle will begin on October. 4th with levies on shipments that typically move outside of FedEx’s main processing stream and that require some type […]
