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 through Sept. 30 to support the country’s ongoing efforts to combat COVID-19. USTR announced an earlier extension of tariff exclusions for 99 medical-care and COVID-19 response product imports from China on Dec. 29, 2020. For more info, please go to
https://www.ncbfaa.org//userfiles/uploads/USTR_COVID_Extensions_FRN_March_2021.pdf
Lufthansa Cargo increases Airfreight Surcharge to 0.35 USD per kg (From Lufthansa Cargo)
The sum of cost components in our airfreight surcharge has increased in the past weeks. Consequently, Lufthansa Cargo is increasing its Airfreight Surcharge, effective March 22, 2021, from 0.30 to 0.35 USD per kg chargeable freight weight. Please note, the AWB issue date, not the flight date, determines the applicable Airfreight Surcharge. Ed. Note: ALL modes of transport plus warehousing are at or near all-time highs right now, and most knowledgeable sources available to us tell us not expect them to ease until at least late Summer or early Fall, if then! One usually reliable source claims air freight rates will be elevated for 3 years because airlines are still trimming passenger flights that usually carry cargo in their belly compartments. Also, congestion is still being reported at all major ports & gateways, so please plan for delays in receiving your shipments.