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). […]
Read MoreNews & Advisories
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 […]
Read MoreHealing the Supply Chain
Healing the Supply Chain – we are all facing extreme challenges (From NCBFAA) We realize that persistent port and rail ramp congestion, container chassis shortages, excessive detention and demurrage fees from carriers, and upheaval among […]
Read More2020 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 […]
Read MoreDecember 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 […]
Read MoreNovember 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 […]
Read MoreOctober 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 […]
Read MoreSeptember 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. […]
Read MoreCotton Supply Chains
August 3, 2020 New Sanctions Threaten Cotton Supply Chains (From Sandler, Travis & Rosenberg Trade Report) The Office of Foreign Assets Control placed Xinjiang Production and Construction Corporation on its Specially Designated Nationals List on […]
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