Are Chinese Electric Vehicles on the US Market Inevitable?
November 01, 2024.
Logistics Publications, Trade Publications
Chinese electric car manufacturer, BYD has garnered attention for the cheap price tag on its electric vehicles and their success in penetrating the global market. Widely sold in south and central America and dominating 10% of the European electric vehicle market, BYD’s regional Mexican head, Jorge Vallejo recently announced...
Read MoreStorm Ashley Disrupts UK and Ireland: Critical Supply Chain and Travel Alerts
October 21, 2024.
Logistics Publications, Trade Publications
In the wake of Storm Ashley a large severe weather event with high winds and rain, made landfall October 21st. The United Kingdom and Ireland are recovering from the aftermath of Storm Ashley, a severe storm that has triggered a series of logistical challenges. The storm has severely compromised all...
Read MoreCARM: Rapidly Approaching
October 16, 2024.
Logistics Publications, Trade Publications
The 21st of October 2024 is supposed to see the Go-Live of CARM (CBSA Assessment and Revenue Management). It is a digital initiative that changes how CBSA will assess and collect duties and taxes on commercial goods imported into Canada. The goal is two-fold. One, to provide Canadian importers with a...
Read MoreStrikes Ends For Now
October 15, 2024.
Logistics Publications, Trade Publications
The recent strike involving nearly members of the International Longshoremen’s Association (ILA) halted operations at key East and Gulf Coast ports, severely disrupting the flow of consumer goods and exports. The strike began due to disputes over wage increases and automation concerns and ended after three days when...
Read MoreInternational Longshoremen’s Association Suspends Strike Amid Wage Agreement
October 04, 2024.
Logistics Publications, Trade Publications
On Thursday, the International Longshoremen’s Association (ILA) announced a temporary suspension of its strike that had halted operations at major ports along the East and Gulf Coasts. This significant move came in response to an improved wage offer from the United States Maritime Alliance (USMX), which represents port...
Read MoreGone 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...
Read MoreMajor 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......
Read MoreEast 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. ...
Read MoreSmart Sourcing Aluminum Extrusions: Merchandise from Canada Containing Aluminum Extrusions
September 20, 2024.
Trade Publications
In the Spring of 2024, the International Trade Administration and Customs and Border Protection extended Antidumping and Countervailing duties on aluminum extrusions from over a dozen additional countries, and the trend of increasing regulation shows no sign of slowing. Subsequent “third country cases” over the summer have been...
Read MoreSection 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...
Read MoreMerchandise Processing Fee (MFP) 2024
September 12, 2024.
Trade Publications
US Customs and Border Protection (CBP) will be adjusting certain user fees on October 1, 2024. The minimum merchandise processing fee (MPF) will be increased to $32.71 from $31.67 and the maximum will be raised to $634.62 from $614.35. MPF is assessed by CPB for most imports into the US on an ad valorem basis, with...
Read MoreIncoterms: 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...
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