Trans American

Asia-North Europe spot rates have risen 28 percent in the past three weeks, firmly reversing the downward trend that began immediately after the Lunar New Year pulled prices down to a level not seen in more than a year and foreshadowing more volatility ahead. Journal of Commerce: https://www.joc.com/maritime-news/trade-lanes/asia-europe/asia-europe-spot-rate-rebound-foreshadows-more-volatility_20180511.html This document is CONFIDENTIAL and contains PROPRIETARY information. It is solely for the use of the recipient.  Any further review, disclosure, copying, dissemination, distribution, or use of any of the information contained in this document is strictly prohibited.  The recipient shall be liable for damages resulting from any disclosure of this information to any third party. ©2018 Trans American Companies.

Executives from a truckload carrier and two less-than-truckload (LTL) carriers laid out their argument that trucking companies have as tough as job ahead of them as their shipper customers when it comes to navigating their way through a higher-cost transportation landscape. As recently reported in the Journal of Commerce: https://www.joc.com/trucking-logistics/ltl-shipping/rising-labor-costs-chief-obstacle-adding-us-truck-capacity_20180501.html This document is CONFIDENTIAL and contains PROPRIETARY information. It is solely for the use of the recipient. Any further review, disclosure, copying, dissemination, distribution, or use of any of the information contained in this document is strictly prohibited. The recipient shall be liable for damages resulting from any disclosure of this information to any third party. ©2018 Trans American Companies  

The Department of Homeland Security has again waived the 100% scanning requirement on U.S. bound maritime cargo containers for another two years. Per U.S. Customs & Border Protection commissioner Kevin McAleenan, “As currently deployed, conducting 100% scanning with (non-intrusive) systems would create substantial cargo release delays throughout the United States”.   This document is CONFIDENTIAL and contains PROPRIETARY information. It is solely for the use of the recipient.  Any further review, disclosure, copying, dissemination, distribution, or use of any of the information contained in this document is strictly prohibited.  The recipient shall be liable for damages resulting from any disclosure of this information to any third party. ©2018 Trans American Companies.

U.S. Commerce Secretary Wilbur Ross, while speaking at an international conference and discussing NAFTA negotiations said, “If we don’t see progress soon, probably we won’t see it for quite a little while toward the end of the year, if at all”. All parties are pushing for a completion of NAFTA this week though.  As reported by Reuters:   https://www.reuters.com/article/us-trade-nafta/nafta-negotiations-ongoing-trump-committed-to-better-deal-white-house-idUSKCN1IH1JA This document is CONFIDENTIAL and contains PROPRIETARY information. It is solely for the use of the recipient.  Any further review, disclosure, copying, dissemination, distribution, or use of any of the information contained in this document is strictly prohibited.  The recipient shall be liable for damages resulting from any disclosure of this information to any third party. ©2018 Trans American Companies.

Canada Border Services Agency (CBSA) has issued Memorandum D20-1-1 that includes revisions to export reporting requirements (obligations, guidelines, and procedures for reporting goods that are exported from Canada). Revisions include a reduction in the length of time a Summary Reporting Program (SRP) application is valid (from 5 years to 2 years); updates to the SRP contact information; and changes in style and formatting.   CBSA Memorandum D20-1-1: https://www.cbsa-asfc.gc.ca/publications/dm-md/d20/d20-1-1-eng.html This document is CONFIDENTIAL and contains PROPRIETARY information. It is solely for the use of the recipient.  Any further review, disclosure, copying, dissemination, distribution, or use of any of the information contained in this document is strictly prohibited.  The recipient shall be liable for damages resulting from any disclosure of this information to any third party. ©2018 Trans American Companies.

The Canadian Food Inspection Agency (CFIA) has provided updated and new content on their website for the proposed Safe Food for Canadian Regulations (SFCR). Detail provided by CFIA is intended to help regulated parties comply with the requirements when it comes into force.  CFIA SFCR Importing Food, step-by-step guide:   http://www.inspection.gc.ca/about-the-cfia/acts-and-regulations/regulatory-initiatives/sfca/proposed-sfcr/tools-resources-and-guidance/step-by-step-guide/eng/1523979839705/1523979840095 This document is CONFIDENTIAL and contains PROPRIETARY information. It is solely for the use of the recipient.  Any further review, disclosure, copying, dissemination, distribution, or use of any of the information contained in this document is strictly prohibited.  The recipient shall be liable for damages resulting from any disclosure of this information to any third party. ©2018 Trans American Companies.