The Ever Given was successfully pried from the sand on Monday, and traffic has resumed through the canal. Egyptian authorities were desperate to get traffic flowing again through the waterway that’s a conduit for about 12 per cent of world trade and around 1 million barrels of oil a day.
Leth Agencies, one of the top providers of Suez Canal …
United States Import/Export Trade News
Montreal Negotiations Update
- On Friday, February 12, the federal mediators suspended labor negotiations until further notice.
- A strike vote took place between February 15 and February 18.
- Our intel advised that 98.5% of votes was for a strike.
- This strike mandate allows the union 60 days to announce if an official strike will take place with minimum notice of
The 13,100-TEU Maersk Eindhoven became the latest containership casualty on the Pacific on February 17, suffering a blackout while en route to California. The incident occurred near Japan and resulted in a loss of hundreds of containers overboard while making its way from Xiamen to Los Angeles. The crew is safe, propulsion has been restored and vessel tracking suggests the …
The American Association of Port Authorities is calling on the U.S. Congress and the Biden Administration to provide emergency relief funding for the country’s maritime transportation system as part of the next COVID-19 relief package. Highlighting the critical role the ports play in maintaining commerce and keeping goods flowing, AAPA joined by 35 other maritime industry groups point out …
A drastic increase in COVID-19 cases in recent days has prompted Shanghai to be declared a high-risk area by the Chinese Government. Officials are requiring that all truck drivers entering and exiting the city to be tested for COVID-19, which is causing significant delays. More lockdowns have also been instituted in the Hebei Province, which has made trucking between …
Myanmar’s military staged a coup Monday and detained senior politicians including Nobel laureate Aung San Suu Kyi — a sharp reversal of the significant, if uneven, progress toward democracy the Southeast Asian nation has made following five decades of military rule.
An announcement read on military-owned Myawaddy TV said Commander-in-Chief Senior Gen. Min Aung Hlaing would be in charge …
United States
Port of Seattle and Tacoma – The Port of Seattle is experiencing vessel wait times of 12-36 hours. Shipper demand remains strong and is forecasted to remain steady through the end of the year. The ports are experiencing delays of 5 days due to increase in export volume. All terminals are open for normal operations this week.…
The U.S. Department of Commerce announced affirmative preliminary determinations in the antidumping duty (AD) investigations of mattresses from Cambodia, Indonesia, Malaysia, Serbia, Thailand, Turkey, and Vietnam.
Commerce preliminarily determined that exporters from the countries listed below have dumped mattresses in the United States at the following margins:
- 252.74 percent for Cambodia;
- 2.61 percent for Indonesia;
- 42.92 percent for Malaysia;
U.S. Customs and Border Protection (CBP) announced an additional 45 day transition period for compliance with the new marking rules for goods of Hong Kong. The 45 days is in addition to the 45 days announced in the original CSMS message (#43633412).
As a result, effective November 9, 2020, CBP will begin enforcement of the new rule …
CBP is currently working on changes to a regulation that exempts goods from Section 301 China Tariffs when entered under the Section 321 De minimus.
On September 2nd CBP submitted a proposed rule to the Office of Management and Budget (0MB), this ruling titled: Excepting Merchandise subject to Section 301 duties from the Customs de Mimimis Exception. According to …