Continued Quagmire in Supply Chain Persists

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 significant harm to import and export supply chains. U.S. customs brokers, freight forwarders, and non-vessel-operating common carriers (NVOCCs) of all sizes are facing multi-week delays and higher … Continued

Worldwide Logistics Opens Istanbul Branch

Worldwide Logistics Group (WWL) has announced the opening of its latest branch in Istanbul, Turkey. The Group’s newest subsidiary, WWL Turkey Lojistik AŞ, is now operating under the direction of Managing Director, Erdal Bilgic. Mr. Bilgic is a veteran of over 35 years in the logistics industry having spent time with Fritz Companies, UPS Supply Chain Solutions and Fed X Trade … Continued

Worldwide Logistics UK Operational Despite England Lockdown

Faced with mounting cases of the new variant of the Coronavirus, England has now entered another national lockdown. As key workers, Worldwide Logistics Group’s UK location will remain open, but with tight restrictions. All new safety measures are in place until at least the middle of February. The UK office has been following similar safety precautions … Continued

China Update: Power Shortages, Covid In Dalian and Carrier Rate Increases

power shortages in china China’s rebound from the pandemic and steady rise in factory production throughout the second half of 2020 is resulting in an unforeseen power surge affecting factories, offices and even street lights in some areas. As a result, the Chinese government is cutting power in some provinces and requesting Central China factories … Continued

Worldwide Logistics Opens New UK Warehouse

Worldwide Logistics Group (WWL) is excited to announce the opening of a new logistics facility in East London, close to Heathrow, London Gateway and within convenient reach of all UK ports. Strategically located in Dagenham, this facility allows WWL to provide next day delivery on E-Commerce orders anywhere within London city limits. “We chose this … Continued

A Perfect Storm at the Ports

Importers have been experiencing unprecedented service disruption around the world but especially in the TransPacific. We are living through a period of record high rates, chassis shortages at US ports, equipment shortages at origin loading ports and severe congestion at both Asia and US ports. All of this creating a perfect storm of issues, causing … Continued

India Market Update: Equipment and Space Shortages

Space and equipment shortages persist in the trade between India and North America. Import volumes into India, in particular volumes from China, are down due to restrictions on trade imposed by the India Government. This has resulted in a shortage of empty equipment in India. The shortage is most critical at Inland Container Depots (ICD) … Continued

Refunds of China Section 301 Tariffs May Become Available If Importers File Claims

A recently filed lawsuit could result in refunds of all Section 301 tariffs levied to date on List 3 and List 4A goods from China, regardless of whether or not a timely protest was filed. However, importers must file their own independent claims to preserve their potential refunds by Friday, September 18. For more than two years the U.S. … Continued

More News About COSCO’s Postponement of Scheduled Rate Increase

Last Friday we provided an alert regarding the September 15 scheduled GRI in the Trans-Pacific trade. With more clarity we can provide additional information today. Based on an administrative directive by the Chinese Government, COSCO announced a postponement of their scheduled GRI. This postponement has been extended beyond China origin to all Far East origins. … Continued

Cosco Postpones September 15 General Rate Increase

China Ocean Shipping Corporation (COSCO) has postponed their scheduled Trans-Pacific rate increase for September 15 under pressure from the Chinese Government. It is expected that OOCL will follow suit on this postponement. While the Chinese government can only issue this administrative direction to COSCO and OOCL, it is expected that other members of the consortium … Continued