Newsletters

March 2021

USTR Extends Section 301 Tariffs Exclusions to Combat COVID-19 to Sept. 30 (From NCBFAA) The Office of the U.S. Trade Representative (USTR) said it will extend Section 301 tariff exclusions on certain imports from China […]

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February 2021

Importers face huge contract rate increases (From American Shipper) Spot rates remain stratospheric. California port congestion keeps breaking records (there were 40 container ships at anchor in San Pedro Bay on Monday — a fresh all-time high). […]

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January 2021

Best wishes for a GREAT 2021 from LHCB! The following may impact your import program. Please take a few minutes to go over these, as many of them are annual reminders that may require action […]

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2020 End of Year Update

First, all of us at LHCB thank you for your continued support during this difficult year.  We SINCERELY wish you a Merry Christmas, if you celebrate, otherwise Happy Holidays, and best wishes for a WONDERFUL […]

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December 2020

ONE vessel Apus lost 1816 containers, hundreds more damaged (From American Shipper) The ship is at Kobe, Japan for unloading and repairs. There has been no indication when customers could learn the status of their […]

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November 2020

All international cargo carriers reporting higher rates Every article and report I have read lately notes that cargo capacity is VERY tight, and that rates are going up. We have seen rates for 40ft containers […]

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October 2020

GSP expires Dec 31 A reminder that Generalized Systems of Preference (GSP) expires December 31 this year.  Congress historically has reinstated GSP, several times retroactively, but in this political environment, we make no predictions. Child […]

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September 2020

Typhoons hitting Korea and Japan will probably cause delays Two typhoons ripped through the Western Pacific the first week of September, disrupting shipping in Korea and Japan.  Expect delays in cargo originating in these countries. […]

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August 2020

China Origin Labeling to be Required for Imports from Hong Kong, Raising Tariff Concerns (From Sandler, Travis & Rosenberg Trade Report) U.S. Customs and Border Protection has announced that imported goods produced in Hong Kong […]

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