News
New video shows massive scope of California box-ship traffic jam Pileup of container ships anchored off California remains as painful as ever
Newly released U.S. Coast Guard video offers visceral proof of just how extreme the congestion has become at the ports of Los Angeles and Long Beach. The new view from above reveals a vast armada of container ships scattered at anchor across California’s San Pedro...
War of words escalates as exporters scramble for scarce containers US regulators under pressure to intervene on behalf of exporters Photo of Greg Miller, Senior Editor Greg Miller, Senior Editor Follow on Twitter
A war of words is heating up over U.S. exports, particularly food exports — and the outcome of that clash could affect U.S. containerized imports as well. Reports first surfaced in late October that carriers were rushing containers back empty from California to Asia...
COVID outbreak could cripple California container ports “Catastrophic infection rates” among Los Angeles/Long Beach dockworkers
Los Angeles County is at the epicenter of the current COVID surge. That county’s Los Angeles/Long Beach port complex is simultaneously at the epicenter of America’s import surge. These two spikes are now converging as hundreds of California dockworkers catch COVID....
The current market needs 500,000 new containers to meet the demand According to Bloomberg,
This was an article sent via our agent and translated into English. US freight forwarder Flexport: The current market needs 500,000 new containers to meet the demand According to Bloomberg, U.S. freight forwarder Flexport says 500,000 new 20-foot containers are needed...
Healing the Supply Chain – We are ALL in the Same Boat!
From our Partnered Network M.E. Day & Co. We realize that persistent port and rail ramp congestion, container chassis shortages, and excessive detention and demurrage fees from carriers, as well as upheaval among air cargo service providers, are causing...
Trade News Updates – January 2021
The beginning of 2021 kicks off with increased tariffs for importers as most of the Section 301 extended exclusions expired and Congress failed to renew the Generalized System of Preference (GSP) and the Miscellaneous Tariff Bill (MTB). The USTR did; however, extend...
U.S. Exports, Imports Rise for Fifth Month as Shipments to China Hit a Record
WASHINGTON—U.S. exports and imports both rose for a fifth straight month in October, reflecting a continued recovery in global commerce driven by a strong economic rebound in China. Exports from the U.S. rose 2.2% to $182.0 billion from the previous month, while...
CBP Releases Strategy 2021-2026 Report
By NCBFAA December 28, 2020 U.S. Customs and Border Protection (CBP) has released its Strategy 2021-2026 report. The annual report from the agency includes 12 strategic objectives for the next five years. “The 2021-2026 strategy will guide our strategic decisions and...
Storm-beaten ONE Apus berths in Japan
Thousands of containers could be damaged in addition to 1,816 lost Kim Link-Wills, Senior Editor Now that the ONE Apus has berthed in Japan, investigators can begin to sort through what could be thousands of damaged containers on the ship’s deck. This is in addition...
End of Year Import Duty Increases
As many Section 301 product exclusions and two programs expire at the end of 2020, importers will be subject to increased duties starting in January.Section 301 Exclusion Extensions Expire by the End of the YearSince December 28, 2018, the U.S. Trade Representative...
Update: Difficult Times In The Freight World
by Chad Blunt, Millennium Cargo Not my usual, cheery email this week. Instead, I wanted to take a little time to update you all personally on the current situation in China, and the global effect it is having on the marine and shipping industry, especially into the UK...
The FMC “scrutinises” the three alliances “the most”, bans alliance agreements if necessary and takes a tough line on demurrage fees
The FEDERAL Maritime Commission (FMC) has stepped in to address skyrocketing freight rates, serious port congestion, and demurrage charges. The FMC will conduct "the most rigorous scrutiny" of the three shipping alliances and, if necessary, prohibit further...
