The United States is dropping its 10% tariffs on certain Canadian aluminum imports, the Office of the U.S. Trade Representative announced on Tuesday.
The move came on the same day that Canada planned to announce a slate of countermeasures in response to the tariffs. President Donald Trump reimposed...
https://www.freightwaves.com/news/breaking-news-us-drops-canada-aluminum-tariffs
For many U.S. freight forwarders and consolidators moving freight during the coronavirus pandemic, it is as if the container-shipping rates of their initially contracted transport arrangements with the ocean carriers are no longer valid.
The National Customs Brokers and Forwarders Association of America (NCBFAA) has voiced this concern to the U.S. Federal Maritime Commission (FMC) in a recent white paper and asked the agency to launch an investigation. The FMC is tasked with monitoring the...
https://s29755.pcdn.co/news/3pls-frustrated-by-ocean-service-contracted-rate-upheaval
The coronavirus pandemic may have disrupted international supply chains for much of the year, but a top official at the Federal Maritime Commission said his agency has remained vigilant in its responsibility to ensure competition within the U.S. ocean container shipping trades.
“I am pleased to say that, because of advance planning and preparation, the commission has remained fully open and operational throughout these difficult times,” FMC Chairman Michael Khouri told online attendees of the Nat...
https://s29755.pcdn.co/news/fmc-keeps-spotlight-on-ocean-forwarder-consolidator-concerns
Several airlines, logistics companies and airports say they are ready to handle a COVID-19 vaccine once one is approved and shipped from factories. The pharmaceutical and life sciences business is more lucrative than general cargo because of its high value and security requirements, but it also requires specialized investments.
The International Air Transport Association (IATA) says many of its members have sophisticated facilities and the specialized knowledge to process sensitive shipments. The...
https://s29755.pcdn.co/news/more-airfreight-providers-put-premium-on-pharma-service
Europe’s online shoppers continue to desire high-end and specialty American-made products, but the difficult decision of whether to pay for expensive express service or go with cheaper, less definitive shipping through postal services cause many of these sales to fizzle.
That is why third-party logistics services provider Geodis said it has recently launched an e-commerce shipping service that provides a more comfortable price point and transit time between express carrier and postal services.
Geo...
https://www.freightwaves.com/news/geodis-opens-european-market-to-us-e-tailers
U.S. Customs and Border Protection (CBP) officers seized $8 million of marijuana after inspecting a shipment at the Peace Bridge in Buffalo in the latest in a string of large drug busts at the Canadian border crossing.
ICYMI: On Monday, @CBP officers at the Peace Bridge in Buffalo, N.Y. interdicted almost 2 tons of marijuana worth approximately $8 million on the street. Learn More: https://t.co/v8GkjAAxeo pic.twitter.com/j05ZYLAiQY
— CBP Buffalo (@CBPBuffalo) August 13, 2020
CBP officers...
https://s29755.pcdn.co/news/us-border-agents-make-another-big-marijuana-bust-at-canada-border
The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.
Why is gasoline more expensive in oil-rich Alaska than in most of the Lower 48? Because Alaska ships its crude oil out-of-state without refining it. Other states have large refineries possessing economies of scale that Alaska cannot match. A similar tale applies to Alaska seafood. Why does frozen Alaska salmon, destined for retail markets in the Lower 48,...
https://s29755.pcdn.co/news/commentary-keeping-alaskas-seafood-supply-chain-intact
The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.
The U.S. agriculture industry has faced numerous headwinds during the COVID-19 pandemic, and with harvests just around the corner, there is a trend developing that could impact the availability of the industry’s desired 20-foot containers.
Containership lines’ blank sailings over the past few months...
https://s29755.pcdn.co/news/commentary-20-foot-container-crunch-may-impact-harvests
President Donald Trump said Thursday that he has reimposed a 10% tariff on Canadian aluminum imports.
Speaking at a Whirlpool factory in Ohio, Trump said he moved to reinstate the tariffs in response to the Canadian government’s failure to prevent the aluminum industry from “flooding” the U.S....
https://www.freightwaves.com/news/breaking-trump-reimposes-us-aluminum-tarrifs-on-canada
The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.
Both the United States and the European Union (EU) have been looking into novel ways to stabilize their supply chains amid the COVID-19 pandemic. Since their economies are highly dependent on international trade it makes sense to dig deeper into trade facilitation. The EU government has already put policies in place that stabilize the insurance side of the...
https://www.freightwaves.com/news/commentary-will-reinsurance-stabilize-trade-flows