The vessel bunching this week at the Los Angeles-Long Beach port complex is a visual example of the deterioration in Eastbound TransPacific ocean reliability. At least 20 container ships were waiting at anchor as of Monday with 16 more expected to arrive throughout this week. Port congestion increased to full tilt as carriers have rapidly … Continued
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
If you import or export from the UK, you NEED to prepare for Brexit! You will need to prepare customs clearances on all import and export shipments and therefore you will need to have all documents in our possession before loading. This will give some extra time during the working day to check and advice … Continued
As import volumes continue to steadily increase during the pandemic, trucking operators are calling on ocean carriers to temporarily suspend detention and demurrage fees at the Los Angeles and Long Beach ports as the largest port complex in the United States operates through unparalleled congestion problems. Harbor Trucking Association (HTA) and California Trucking Association (CTA) … Continued
Two typhoons in early September coupled with increased demand have caused container shortages and vessel delays of up to four days at main China load ports of Qingdao, Shanghai and Ningbo. Recently the Chinese government has been engaged in military exercises along the coast which place restrictions on commercial vessels causing further delays of up … Continued
Containers at Southern California warehouses have been piling up due to high volumes and the nearly doubling of the amount of street dwell time, disrupting the delivery of merchandise in the US market. The container accumulation at the ports is largely due to the import surge since the economic recovery from the COVID-19 lockdowns began … Continued
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
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
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
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
