Trans American

The first round of NAFTA renegotiations started on August 16 in Washington, DC with representatives of the three NAFTA countries of Canada, the U.S. and Mexico attending. U.S. President Donald Trump had announced his plans to renegotiate the agreement shortly after his inauguration.  Seven rounds of talks will occur over a three week span.   Related article from The Globe and Mail:   https://www.theglobeandmail.com/news/politics/nafta-renegotiations-what-do-trump-and-canada-want/article33715250/ 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. ©2017 Trans American Companies.

August imports into the U.S. are predicted to rise 2.1 percent compared to last year; imports are expected to be 1.75 million TEU (Twenty-Foot Equivalent Unit). If this prediction comes to fruition it will break the import volume record which is currently 1.73 million TEU in March of 2015.  The surge in volume is associated with the need for retailers to keep up with strong consumer demand. Additional details are available in the following link: https://www.joc.com/maritime-news/international-freight-shipping/record-monthly-us-imports-forecast-august_20170809.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. ©2017 Trans American Companies.

The Commercial Customs Operation Advisory Committee (COAC) will hold their next quarterly meeting in San Diego on August 23. The COAC will review, deliberate, provide observations and formulate recommendations on various agenda items.  Further detail, including agenda items was published in the Federal Register, and is available at: https://www.federalregister.gov/documents/2017/08/03/2017-16360/commercial-customs-operations-advisory-committee-coac 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. ©2017 Trans American Companies.

Legislation has been introduced to the Senate that would require port of entry modernization at the top 10 high volume ports of entry, including expanding primary and secondary inspection lanes. The Bill would require completion of modernization by September 30, 2021. The legislation notice is available at the Congress website: https://www.congress.gov/bill/115th-congress/senate-bill/1757/all-actions?q=%7B%22search%22%3A%5B%22cornyn%22%5D%7D&r=3&overview=closed#tabs 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. ©2017 Trans American Companies.

Freight demand is reaching truck capacity levels causing pressure on the price shippers will pay for moving cargo through the U.S., Canada, and Mexico. In addition to demand putting pressure on the industry, the electronic logging mandate is set to take effect in December of 2017.  This law will demand that drivers use an electronic logging method rather than current paper methods. Additional details are available at: https://www.joc.com/trucking-logistics/ltl-shipping/analysis-how-economic-rebound-will-reshape-truck-pricing_20170812.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. ©2017 Trans American Companies.