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Industry News

  • Congestion at the Ports of Los Angeles and Long Beach January 21, 2019 Importers shipping through the Los Angeles and Long Beach Port Complex should expect congestion for at least another month. The ports are experiencing equipment shortages, congested marine terminals, long truck turn times, and warehouses that are currently beyond capacity.   The reasons for the extreme congestion at the ports include front-loading of spring shipments ahead of the 25 percent tariff increase on Chinese products, an increase ...
  • Containers Overboard Are You Prepared? January 4, 2019 img{ margin-bottom:25px; } Buyers and sellers experience cargo losses year-round. Because these events have small public impact, they are often found only in trade publications. For example, just this week, the MSC Zoe, one of the largest and most modern container vessels in service, lost approximate 270 containers overboard or damaged during a trans-Atlantic passage. The MSC Zoe was not alone. A fire broke out aboard ...
  • Section 301 Product Exclusions January 3, 2019 The Office of the U.S. Trade Representative has announced the first list of product exclusions from the additional tariffs under Section 301. On July 6, 2018, the USTR imposed additional duties on goods with an annual trade value of approximately $34 billion. The product exclusions will be retroactive to July 6, 2018, and will remain in effect for one year from the exclusion determination in ...




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