We must impose a very modest increase in our fees, effective Nov 8 According to latest BLS/CPI statistics, overall inflation is running a little over 5% – a 30 year high! Our personal experience with […]
Read MoreCurrent record import volumes and resulting prices, congestion, and delays forecast to continue into 2022 Every source we read suggests that the current high freight rates, congestion, and delays will continue past Q4/21 well into […]
Read MoreU.S. Warns of Risks to Businesses in Hong Kong (From Sandler Travis & Rosenberg) The advisory warns businesses that “the risks faced in mainland China are now increasingly present in Hong Kong.” Specifically, policies that […]
Read MoreCIT overturns 232 Duties Paid on Steel Derivative Products On April 5, the Court of International Trade ruled that these duties were illegally assessed on the importer who brought this action and ordered that entries […]
Read MoreUSTR 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 […]
Read MoreImporters 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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