Industry News

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Industry News

  • News and Trade Updates December 2020 December 18, 2020 Port Congestion We continue to experience extreme congestion at the ports of Los Angeles and Long Beach. Despite the global pandemic, the ports have had a “record” level of imports beginning this past summer. The Port of Long Beach had its best November on record, due to the holiday retail rush and a surge in personal protective equipment deliveries amid the latest nationwide wave of COVID-19 ...
  • Generalized System of Preferences (GSP) Expiring December 31, 2020 December 8, 2020 The Generalized System of Preferences (GSP) is set to expire on December 31, 2020. If GSP is not renewed then all items that were previously entered under the GSP program at either a free or reduced rate of duty will become dutiable at the standard or Column 1 General rates of duty. The link to find the current Column 1 General Duty rate online is ...
  • ONE Apus Suffers Collapsed Containers December 8, 2020 MV ONE Apus suffered collapsed containers due to severe weather conditions. The owners and managers of the container vessel ONE Apus can confirm that the ship is proceeding to the port of Kobe, Japan with an ETA of December 8, to right unstable containers. The priority remains on getting the ship to a safe port to ensure the ongoing safety of the crew, the vessel ...




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