by Rahul Goyal | Mar 1, 2021 | International Trade
Severe container congestion has hit Shenzhen’s Yantian port. The port is responsible for handling one-third of Guangdong’s foreign trade shipments and one-quarter of China’s exports to the U.S. Yantian International Container Terminals (YICT) sent a statement to the...
by Rahul Goyal | Feb 24, 2021 | International Trade
The trans-pacific container system is slowing under the Asia import surge. Importers are spending double on equipment capacity, and carriers are prioritizing imports over lower-paying exports. This has angered US and Canadian farmers and exporters. There is...
by Rahul Goyal | Feb 4, 2021 | International Trade
Asia-US Trans-Pacific Hits the Capacity! The shortage of containers has now hit the limit. An official report has been received stating the Asia- US trans-pacific trade is facing massive congestion due to the problem that has now taken a very challenging turn. This...
by Rahul Goyal | Jan 22, 2021 | International Trade
For the past few months, the ports are facing complex problems or congestion which has been demonstrated by rising truck turn and containers causing more ships waiting at the berth. The days have become worse despite long working hours on the terminal. The near...
by Rahul Goyal | Jan 6, 2021 | International Trade
We realize that 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 your import and export supply...
by Rahul Goyal | Dec 7, 2020 | International Trade
Existing exclusions from the additional Section 301 tariffs on imports from China will expire at the end of 2020, and president-elect Joe Biden recently gave his clearest indication yet that those tariffs will remain in place for the time being. As a result, U.S....
