Industry News

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Industry News

  • Biden’s Potential Impacts to Trade and Transportation January 20, 2021 On Wednesday, January 20, 2021, Joe Biden will be sworn in as the 46th president of the United States. Joe Biden and Kamala Harris will likely bring several changes to the logistics industry during their administration. While we are unable to completely predict the changes expected during the Biden administration, we will outline some of our thoughts as more regulation is anticipated under the new ...
  • Supply Chain Congestion January 7, 2021 We realize that persistent port and rail ramp congestion, container chassis shortages, and excessive detention and demurrage fees from carriers, as well as upheaval among air cargo service providers, are causing significant harm to your import and export supply chains. U.S. customs brokers, freight forwarders, and non-vessel-operating common carriers (NVOCCs) of all sizes are facing multi-week delays and higher costs of routing shipments through the nation’s ...
  • GSP EXPIRED AS OF JANUARY 1, 2021 January 5, 2021 Congress failed to reach a deal before the end of the year that would have extended the Generalized System of Preferences (GSP) program. As a result, GSP-eligible goods entered or withdrawn from warehouse are subject to “General” (Column 1) duty rates, effective January 1, 2021, at 12:00 a.m. A bill proposed in the Senate would have extended GSP for 16 months, while a bill that was ...




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