Seaport delays & congestion forecast to continue through 2022 (The Kiplinger Letter, Mar 24) When it comes to moving goods by sea, there’s little hope for improvement in shipping delays or costs this year. The […]
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Shanghai Shutdown for Covid
March 29, 2022 China began its most sweeping coronavirus restrictions since the early pandemic yesterday, locking down large swaths of Shanghai in an effort to contain an emerging outbreak. The country’s largest city, home to 26 million […]
Read MoreMarch 2022
US to hike tariffs, restrict imports/ exports as Russian sanctions expand (From Sandler Travis & Rosenberg) The president issued March 11 an executive order that prohibits U.S. imports of seafood, alcoholic beverages, and non-industrial diamonds […]
Read MoreFebruary 2022
Lufthansa Cargo increases Airfreight Surcharge to 0.60 USD per kg (From Lufthansa) The sum of cost components in our airfreight surcharge has increased in the past weeks. Consequently, Lufthansa Cargo is increasing its Airfreight Surcharge, […]
Read MoreJanuary 2022
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 on your part. All transportation and warehousing charges […]
Read MoreSupply Chain Problems
Import surge to last 6 months, congestion probably a year! In addition to all transportation rates to remain high (or higher!), our sources are now telling us the import surge will last well into Q2/22, […]
Read MoreDecember 2021
Bulk hydroflurocarbons (HFC’s)require 14 days advance reporting to EPA beginning January 1 Under the American Innovation and Manufacturing Act of 2020, EPA will require 14 days advance reporting prior to releasing bulk HFC imports. This […]
Read MoreNovember 2021
All transportation rates will remain high, maybe go higher Every source we read projects continuing high transportation rates in all modes: ocean, air, trucking, rail, and warehousing. While labor shortages are the main limiting factor, […]
Read MoreOctober 2021
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 […]
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