US news round-up
This summary of freight and supply chain developments in May, has been edited by Global Forwarding’s Vice President of US operations, Adam Davies, who also provides some valuable insights, to…
Archive: USA
United States is main non-EU export market for UK SMEs
The US tops the list for UK small businesses to trade with outside Europe, according to new research by the Federation of Small Businesses (FSB), with 59% of UK small…
Lines likely to add capacity to profitable transatlantic routes
While the revenues the container shipping lines are making on the transatlantic trade has come down slightly since the beginning of the year, it remains far above comparable revenue on…
US customs require post code validation for imports from China
To further strengthen the prohibition against the importation of goods made with forced labour, from the 18th March 2023 US Customs & Border Protection (CBP) will require importers to report…
Port of Los Angeles and Long Beach phase out terminal dwell fee
The US West Coast ports are ending their container dwell fee, that threatened to fine cargo owners who didn’t pick up their containers quickly enough, following a 92% decline in…
Europe/USA trade booming
Two years after President Biden resolved to put an end to rancorous trade disputes with Europe, the U.S. has imported more goods from Europe than from China, but the EU…
Rates soften despite disruption at European ports
Market analysts are surprised that freight rates from Asia to Europe have fallen so far in the third quarter (Q3) despite the fact that schedule reliability is only 30% and…
Problems mounting at West Coast ports
While shippers through the West Coast have been concerned by the lack of progress in the ILWU’s negotiations with the Pacific Maritime Association, the Biden Administration has had to issue…
ILWU negotiations continue with no threat of strike
In a move to reassure shippers, the International Longshore and Warehouse Union (ILWU) has confirmed that, even though they do not expect to reach a deal before the current labour…
Storm disrupts US shipping
A significant winter storm hit the central US and East Coast last week adding further disruption to supply chains already struggling with labour shortages, delays moving imports inland and a…
Popular Posts
Asia and freight market update; April 2024
Iran’s seizure of the 15,000 teu MSC Aries in international waters off the Gulf of…
Asia and freight market update; June 2024
The OECD, WTO and IMF are predicting that global trade growth could more than double…
Smart supply chains and business growth
Effective supply chains are essential to support business operation and growth, and the supply chain’s…