On January 11, 2016, eManifest requirements for highway carriers became mandatory with the ability by the Canada Customs and Borders Services Agency (CBSA) to issue monetary penalties for not compliance. On June 1, 2017, CBSA implemented a 90 day evaluation period that allowed drivers in the highway mode that arrived without their ACI, to return… Read more : Advance Commercial Information (ACI) Compliance Evaluation Period Extended
Securing truck capacity will be an immediate, tactical problem for shippers/brokers according to truckstop.com chief economist. “Supply chains are going to be messed up” and not just for days but weeks perhaps months as shippers and their transportation partners work around the inefficiencies created by the disruption of Hurricane Harvey. Additional details are available at:… Read more : Trucking Capacity Disruptions Due to Hurricane Harvey
Failure of a September 1 rate increase on the Asia-Europe and trans-Pacific trades is a reminder that a structural imbalance in supply and demand may haunt carriers until at least 2019. A double-digit capacity growth in most major deep-sea trade lanes is occurring at the same time as a freeze in vessel orders. Per industry… Read more : Excess Capacity Forecast to Constrain Rate Hikes for Two Years
Port Houston terminals operated during the Labor Day weekend as the Coast Guard continued to ease each vessel restrictions and railroads reported progress in repairing tracks flooded by Hurricane Harvey. The holiday activity came as logistics operations continue to recover from flooding that swamped the fourth-largest US city and caused damage along the Texas coast… Read more : Port of Houston Terminals
Trade Analysts believe that rules of origin will be one of the bigger issues involved in renegotiation, with the U.S. looking for higher North American content on qualifying goods. Mexico and Canada have pushed back on the U.S. proposal to raise the de minimis level to the U.S. $800 threshold. It is hoped that the… Read more : North American Free Trade Agreement (NAFTA) Renegotiation
Port Alerts
Recent Editions
09/07/2017
Trans American Disaster Recovery and Contigency Plans
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