Insights

Logistics Publications

Gone with the Wind

October 02, 2024.
Logistics Publications, Trade Publications

“[…] In North Carolina, Helene produced unusually heavy winds — up to 140 mph — on land, the strongest observed in coastal North Carolina since the start of modern meteorological recordkeeping in the 19th century.” Hurricane Helene coverage, NPR, Sept. 28, 2024. What began as a disturbance in the...

Major U.S. Port Strike to Begin Tuesday, Business Leaders Warn: Could Cause Billions in Economic Losses Per Day

September 29, 2024.
Logistics Publications, Trade Publications

The International Longshoremen's Association (ILA), which represents 85,000 dockworkers in the United States, announced on Sunday that a strike at ports along the U.S. East Coast and the Gulf of Mexico will begin on Tuesday. This strike could lead to severe supply chain disruptions. "The United States Maritime Alliance......

East Coast Port Strikes: What You Need to Know

September 20, 2024.
Logistics Publications, Trade Publications

The International Longshoremen's Association (ILA) is preparing for potential strikes at ports along the Atlantic and Gulf Coasts, threatening to disrupt the automotive supply chain and other industries. With negotiations stalled since June and the current contract set to expire on September 30, 2024, the likelihood of a strike is increasing. ...

Section 301 Increases Go into Effect

September 16, 2024.
Logistics Publications, Trade Publications

On Friday, September 13, the Biden administration finalized the tariffs on certain items from China. Starting on or after September 27th, 2024. This new update also introduces 3 new 301 HTS codes to identify the items that fall within these new tariffs. 9903.91.01 at 25%, 9903.91.02 at 50% , and 9903.91.03 at 100%. The following items will have their section 301...

Incoterms: Rules for Sea and Inland Waterway Transport

September 09, 2024.
Logistics Publications, Trade Publications

Incoterms (International Commercial Terms) 2020 consists of 11 distinct rules, each represented by an abbreviation. These rules are divided into two main categories: those for any mode or modes of transport, and those specifically for sea and inland waterway transport. This article will cover the terms for rules for sea and...

Incoterms: Rules for Any Mode of Transport

September 03, 2024.
Logistics Publications, Trade Publications

What are Incoterms and Why Were They Created?

August 23, 2024.
Logistics Publications, Trade Publications

Have you ever tried to play a game and everyone had their own set of rules? That would be chaotic, right? That is where Incoterms come into play. Created by the International Chamber of Commerce (ICC), Incoterms are like the universal rule book for domestic and international trade. They...

Overview of the Canadian Rail Strike

August 22, 2024.
Logistics Publications, Trade Publications

On August 22, 2024, Canada's rail transport could experience stoppages after two of the largest railroads Canadian Pacific Kansas City (CPKC) and Canadian National Railway (CN), announced potential halts in operations over labor contracts. What is Happening? The Teamsters, representing over 10,000 rail workers, are demanding improvements to scheduling practices...

The Impact of Logistics under the Red Sea on War

August 06, 2024.
Logistics Publications, Trade Publications

The spillover effects of the Palestinian-Israeli conflict continue, and tensions are rising in many places in the Middle East. Among them, the dangerous waves in the Red Sea caused by the Houthi armed forces in Yemen have become a major focus in history. Since November last year, the Houthi armed...

Chinese brands and products shine at Paris Olympics

August 05, 2024.
Logistics Publications, Trade Publications

While absent from the arenas of the ongoing Paris Olympics, Chinese merchants are flexing their muscles on other stages, contributing to the event's sporty, joyful, and inclusive ambiance. Made-in-China products, renowned for their superior quality at reasonable prices, have once again made their mark during the Games. According to...

Section 301 Duty Increase Delayed

August 01, 2024.
Logistics Publications, Trade Publications

The US Trade Representative (USTR) has decided to delay the increase in Section 301 duties that were scheduled to go into effect on August 1, 2024. The delay is a result of the USTR needing more time to review the one thousand plus comments it received in response to its May notice of...

Freight Rate Analysis

July 29, 2024.
Logistics Publications

Last week, ocean spot rates surged to their highest levels of the year on major trade routes, although the rate of increase has slowed following sharp rises earlier in the month. There are indications that prices may have already peaked as daily rates have begun to decrease, and major carriers...