by Rahul Goyal | Jul 20, 2021 | International Trade
Union Pacific Railroad will halt all international intermodal service from the West Coast to its Global IV terminal in Joliet, Illinois for up to seven days beginning as early as today in an effort to clear a significant congestion situation. The suspension covers...
by Rahul Goyal | Apr 29, 2021 | Air Freight Logistics, International Trade, Ocean Logistics
Increase in Air Freight Rates Due to COVID-19, many things have taken a different turn. This caused different impacts globally including the cost of shipping goods and exports taking a high hit in the rates. The exports take place through three major modes: Train,...
by Rahul Goyal | Mar 18, 2021 | International Trade
The first Sale has been a very common way out for the people to reduce the customs duty liability on the goods which are being imported to the United States. U.S. Court of International Trade, therefore, issued a decision with important ramifications for any such...
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 port mainly connects China with Europe and the U.S. The port has...
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...
