MSC plans general rate increase Aug 1 (From American Shipper)
A $1,000 increase is announced for 40-foot containers moving from Asia to the U.S., effective August 1. It said the GRI will be $800 for 20-foot containers and $1,000 for 40-foot containers, $1,125 for 40-foot high cube containers and $1,266 for 45-foot containers. For more info, please go to
https://www.americanshipper.com/magazine/daily/?year=2019&month=7&day=8&page_number=5&via=asdaily&utm_campaign=American%20Shipper%20Daily%20Newsletter&utm_source=hs_email&utm_medium=email&utm_content=74423309&_hsenc=p2ANqtz--I2bnOSLm_qQ3lsQ__wT528dcTiVZlpWWj0jeex97-PZjoAfNJ2VqoqK7i5_jX0yTu59gLhqUTZtpFmqmdZR3Shms-1w&_hsmi=74423309
Ed Note: We expect other carriers to follow suit.
Additional tariffs on China list 4 goods on hold (From Sandler Travis)
President Trump announced Jun 29 following a meeting with Chinese President Xi Jinping that the U.S. will suspend plans to impose additional tariffs of up to 25 percent on so-called List 4 goods from China, which have a current import value of $300 billion. The U.S. and China have been negotiating an agreement aimed at resolving issues such as forced technology transfer, intellectual property rights, currency, and agriculture. For more information, please go to
https://www.strtrade.com/news-publications-China-301-tariff-list-4-suspend-070219.html?mkt_tok=eyJpIjoiTlRNeU1qa3dOakZpT0RKaSIsInQiOiJ1VFwvbDBXckNRcGprVUZuR0U0aVwvYmRMZW5JNXpydGxUYkZxVFdsaTRPNHVTYmoybGJxMkxzMUlkT1hDaDdZTG9WblVyNEpuaVF2eXZjbFl5OUZzV3BaYUROTEdkeWloc1UwcllmWmxyU3dMUjFqN3lnNnkxWjZCRTB6NjBXYllBIn0%3D#utm_source=tradereport&utm_medium=email
List 3 exclusions now being accepted (From Sandler Travis)
…The process for seeking product-specific exclusions from the additional tariff on List 3 goods opened June 30 and will close Sept 30. Companies that import goods on this list should seek exemptions, which, if granted, will be effective for 1 year and retroactive to Sept 24, 2018, meaning refunds of tariffs already paid can be obtained For more info, please go to
https://www.strtrade.com/news-publications-China-301-tariff-list-4-suspend-070219.html?mkt_tok=eyJpIjoiTlRNeU1qa3dOakZpT0RKaSIsInQiOiJ1VFwvbDBXckNRcGprVUZuR0U0aVwvYmRMZW5JNXpydGxUYkZxVFdsaTRPNHVTYmoybGJxMkxzMUlkT1hDaDdZTG9WblVyNEpuaVF2eXZjbFl5OUZzV3BaYUROTEdkeWloc1UwcllmWmxyU3dMUjFqN3lnNnkxWjZCRTB6NjBXYllBIn0%3D#utm_source=tradereport&utm_medium=email
Container shippers getting hit with war risk surcharges (From American Shipper)
The
tensions in the waters around the Strait of Hormuz are beginning to hit
container shippers in the pocketbook. CMA
CGM and X-Press feeders have implemented surcharges, and other carriers are
evaluating the situation. CMA CGM announced July 8 it will implement a
$36-per-TEU war risk surcharge, citing “recent incidents in the Strait of
Hormuz and the related significantly increasing insurance costs in the Middle
East Gulf region.” This week Maersk and Hapag-Lloyd announced a
$42-per-TEU surcharge and Mediterranean Shipping Company a $40-per-TEU charge,
while APL is charging $38 per TEU.
The Federal Maritime
Commission said it also has had notices from Ocean Network Express, Wan Hai and
Hoegh Autoliners of their intent to implement surcharges. For
more info, please go to
https://www.americanshipper.com/magazine/daily/?year=2019&month=7&day=5&page_number=2&utm_campaign=American%20Shipper%20Daily%20Newsletter&utm_source=hs_email&utm_medium=email&utm_content=74375527&_hsenc=p2ANqtz-_qfx3UKRW4QdLzxrE8EVVdcYND6V7fmPkCZ4hvq2hN0SJmaonsO_Togo_sQ1d-LORmwAq_27LjobwBo4alZLVjI8feeQ&_hsmi=74375527
TTB relaxing fill requirements for spirits & wine (From American Shipper)
The Alcohol and Tobacco Tax and Trade Bureau (TTB) on Monday published notices of proposed rulemaking that would relax standards of fill requirements for containers that store distilled spirits and wine. The proposed rule for distilled spirits would eliminate all but minimum and maximum standards of fill for distilled spirits containers, thus eliminating “unnecessary regulatory requirements,” the agency said. For more info, please go to
https://www.americanshipper.com/magazine/daily/?year=2019&month=7&day=2&page_number=4&via=asdaily
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