The fake Oral-B toothbrush heads, which arrived at Philadelphia airport from Turkey, were likely made in “unsanitary facilities with substandard materials,” U.S. Customs and Border Protection said.
Unprecedented uncertainty will likely delay annual contracts between shippers and ocean carriers.
JAXPORT hosts seminar on the often misunderstood and misused International Commercial Terms.
Airfreight demand from China is still lower than normal this time of year, but it is finally picking up as the coronavirus scare gradually subsides. The new dynamic is reflected in higher cargo rates.
The test in Customs and Border Protection’s Automated Commercial Environment will be the third between the Fish and Wildlife Service and relevant importers since May 2016.
An exclusive interview with SIA Flexitanks CEO Damien McClean on what’s happening right now with Chinese manufacturing, trucking and ports.
Slashed oil production is bad for tankers, but fallout for container ships hinges on price action.
Airlines are taking it on the chin from the coronavirus. To balance revenues with expenses, airlines are cutting schedules. Lufthansa and United Airlines have taken cost-cutting even further.
“In 2020 both governments expect to implement low-cost, high-impact strategies to simplify customs and immigration screening and reduce wait times,” the U.S. State Department said.
As fewer ships arrive from China, there’s less capacity and equipment for U.S. and European container exports.
Airlines continue adjusting their flight schedules and capacity to contain costs as traffic dries up due to the coronavirus scare.
The 2019 Protecting America’s Food and Agriculture Act provides funding to help Customs and Border Protection close a shortfall among its agriculture specialist ranks over the next three years.
The UN Human Rights Council has developed a database identifying companies that conduct business with Jewish settlements in the West Bank.
Baltimore terminal reduces working hours; Georgia ports brace for volume dive
CargoMetrics data reveals that Chinese port activity has recovered much faster than some had feared.
Matthew Taylor of Shintan Inc. was ordered by the U.S. Department of Justice to pay back $7.5 million in illicit tax credits obtained from the IRS.
The travel and hospitality industries are getting battered by falling demand for their services as the coronavirus spreads. Less economic activity and aircraft capacity hurts shippers too, who can’t sell or ship as many goods.
Ships found carrying noncompliant fuel risk detention, monetary penalties.
American Association of Port Authorities says year-over-year cargo volumes in the first quarter could be down by at least 20%.
Misdeclared cargo blamed for container ship fires, including last year’s blaze on the Yantian Express.
“This exception ensures that the declaration requirement fulfills the intent of the Lacey Act while reducing the regulatory burden on importers,” the U.S. Department of Agriculture said.
Airlines are at the mercy of the coronavirus. About the only thing they can do is try to reduce operating costs and preserve cash flow until people are willing to start traveling again.
A proposed $1.8 billion sale of U.S.-origin air defense systems is expected to open a pathway to increased exports to the South Asian economy.
Allied Air is buying some passenger airplanes and converting them to freighters. It’s cheaper than buying production freighters.
CCM reorganizes executive team, STEMCO picks VP of sales and marketing, and Southeastern Freight appoints Orlando service manager.
Passenger and freight traffic showed big declines this month in certain regions. Airports and airlines are moving to right-size operations to the downmarket caused by the coronavirus.
The federal court affirmed an earlier decision by the Court of International Trade, despite a challenge from the American Institute for International Steel claiming the president overstepped his authority.
Deutsche Lufthansa AG is moving rapidly to reduce costs and preserve cash flow as the coronavirus outbreak widens to more countries. Three days after announcing a series of expense reductions, Lufthansa on Friday said group companies would reduce short-haul operations by up to 25% in the coming weeks, reduce long-haul flight schedules and park 23 […]
The National Treasury Employees Union tells House appropriators that Customs and Border Protection requires an additional 1,100 officers and staff to carry out its mission at the nation’s ports of entry.
The airline and airfreight industries are dealing with reduced capacity in Asia as health concerns reduce travel demand.
The chance to connect LA-area drayage drivers and containers energizes Sammi Liu, who just helped the startup raise $10.2 million in Series A funding.
Global market uncertainty weighed down Canada’s largest container port in second half of 2019.
It has been a particularly rough start of the year for tanker stocks despite exceptionally strong results.
Harbor commissions sign agreement to collaborate on common issues.
Unix Line admitted that its tanker, Zao Galaxy, illegally discharged oily bilge at sea while on route from the Philippines to California’s Port of Richmond in late January 2019.
SITA committed 9,256 violations of the Global Terrorism Sanctions Regulations between 2013 and 2018 by providing services from and transiting through the U.S. to blacklisted Syrian and Iranian airlines.
No evidence yet of coronavirus-induced drop in dry bulk rates. Is it coming?
Purchase of Canadian port operations part of global strategy “to connect directly with customers to offer logistics solutions and remove inefficiencies in the supply chain to accelerate trade.”
U.S. export licenses are required for numerous types of highly infectious diseases that are shared in the form of samples for medical research between labs around the world.
The financial chickens from the coronavirus are coming home to roost. Lufthansa is belt-tightening, other airlines might try to ease lease terms for assets.
New service helps companies wade through turbulent trade waters.
U.S. Agriculture Secretary Sonny Perdue said most benefits of “Phase One” trade deal with China should be realized in 2020, despite commercial disruption from coronavirus.
It’s difficult to predict how travel and trade patterns will impact the global economy for the full year, but companies involved in trade and travel are feeling the pinch already. The crisis is creating risks and opportunities for airlines, especially for companies that fly dedicated freighters.
The trade war between the U.S. and China caused companies to adapt supply chains and the transportation of their products. Darren Prokop writes about those changes and their impacts.
Democratic Senators Charles Schumer and Sharrod Brown say sanctions should target not only the responsible Russian government agencies and officials, but President Vladimir Putin.
The Commerce Department wants to further restrict U.S.-origin items that could assist in nuclear and missile weapons development and diversion efforts in the two countries.
An exclusive interview with Jefferies analyst Randy Giveans on the coronavirus-induced shipping-stock collapse.
Competition is fierce in the e-commerce wars and efficiency is critical to customer service and profitability. DHL’s investment in new Boeing freighters is designed to keep growing that business line.
The nationwide retailer has become the first participant in the U.S. Food and Drug Administration’s Voluntary Qualified Importer Program, which aims to reduce foodborne illnesses from imports.
As risks surge and stocks plunge, a look at the key coronavirus issues and a rundown of FreightWaves’ coverage to date.
Patrick Schafer promoted to chief executive officer; Ron Richards hired as chief technology officer; Jamil Young tapped as division president; and Jim Bertuola named vice president.
A handful of iconic American merchant ships have cloudy futures.
The Justice Department said the former owners of Road Tire Plus Corp. in South Florida avoided paying federal tax on tire imports.
News that made a splash 56 years ago.
The magnitude of declines over the next few months from the virus as well as lingering tariffs will have broad flow-through effects on the U.S. economy.
Atlas Air had a difficult year in 2019, but has made some tactical decisions to turn around its financial performance.
The Justice Department said eight U.S. cities account for 75% of the methamphetamine seized by the Drug Enforcement Administration.
Big data confirms China trade volumes fell off a cliff in the wake of the coronavirus.
The 2018 Frank LoBiondo Coast Guard Authorization Act clarified and enhanced the U.S. Federal Maritime Commission’s authority over licensed ocean transportation intermediaries.
The Bureau of International Security and Nonproliferation ordered the revocation of export licenses linked to violators of the Iran, North Korea and Syria Nonproliferation Act.
Outlook of world’s largest container line hinges on timing of coronavirus containment.
U.S. Customs and Border Protection officers at International Falls, Minnesota, discovered the illegal product in two 40-foot containers from China.
The German container shipping line credited improved freight rates as well as rigorous cost and revenue management for the huge gains.
Acquisition of California-headquartered Performance Team designed to strengthen the shipping giant’s ability to meet customers’ end-to-end supply chain needs.
Asian refineries suddenly have too much gasoline, diesel and jet fuel. Buyers in the West are taking the overflow, a plus for product tankers.
The Florida port set records in 2019 and scored a harbor deepening funding win early in 2020.
Cost to ship containers from China is down 6-8% but dearth of cargo may limit discounts.
The Office of Foreign Assets Control has added the Swiss-based oil brokerage arm of Rosneft Trading to the SDN List for its recent arrangements to transport sanctioned Venezuelan oil.
The second half of 2020 is shaping up to be either very good or very bad for dry bulk shipping.
Looking like a scene from the Fox drama “24” where Kiefer Sutherland deals with biological weapons, technicians in hazmat suits spray down Volga-Dnepr cargo planes with disinfectant and take other precautions against the coronavirus.
The Artic Ocean may be the next area that sees the superpower nations “rubbing up” on each other in search of faster ocean passage and a new source of natural resources.
Fifteen projects net funding from the U.S. Department of Transportation’s Maritime Administration.
E-commerce is putting pressure on airlines, postal services and customs administrations to move large volumes of letters and packages, while also trying to catch counterfeit goods and ensure security.
The coronavirus has created a weird market dynamic for airfreight in China. There is very little demand for scheduled flights to move manufactured goods, but charter flights are in high demand to get medical and relief supplies to China. And airfreight rates are poised to jump once Chinese factories fire back up.
Series of book reviews makes clear there is much to learn from successes of the past.
Inland trucking slowdown in China leaves port reefer plugs full, blocking refrigerated food imports.
Airbus warned that tariff increase on European aircraft would result in “more instability for U.S. airlines that are already suffering from a shortage of aircraft.”
USTR’s Bilateral Evaluation and Dispute Resolution Office will ensure China commits to “Phase One” trade obligations and provide forum for settling disputes involving the bilateral trade pact.
Patrick Jany, Michael Mitchell and Giovanni Ravano are appointed to C-suite roles.
Trade risks will intensify if the virus spreads from China to the global pool of seafarers.
The Commerce Department wants to tighten the licensable requirement for exports containing U.S. semiconductor components to 10% for the Chinese telecom.
“We will continue to work with the FMC to make sure that outdated regulations do not prevent the marketplace from working at maximum efficiency,” said World Shipping Council President and CEO John Butler.
If it weren’t for sophisticated cold chains, your Valentine’s Day roses could be wilting.
The Justice Department also said Huawei and its subsidiaries violated the RICO Act by stealing trade secrets and copyrighted works from six U.S. companies.
Shipping bosses warn of huge economic knock-on effects from the coronavirus outbreak.
Response to DOT’s national freight strategy proposal reveals top concerns.
U.S. Customs and Border Protection plans to roll out a handful of new trade processing functions in the Automated Commercial Environment throughout the year.
Cars and containers also reach new benchmarks in 2019.
No evidence yet of a rush to expedite exports ahead of feared price increase.
The Distilled Spirits Council is “gravely concerned” that an ongoing trade spat between the U.S. and EU will upend a decade-long increase in international sales.
$360 million allotted to deepen the Port of Mobile and the Lower Mississippi River.
Coronavirus is not yet affecting rates, but it is influencing where U.S. importers look to source cargo.
The Office of the U.S. Trade Representative said the trade dispute settlement body has overstepped its function and makes “erroneous interpretations” of World Trade Organization agreements.
LATAM Airlines is adding new cargo destinations from Miami to South and Central America, while UPS is increasing express capacity out of Mexico.
Earnings calls shed new light on how ocean shipping bosses view coronavirus crisis.
Florida port CEO says inclusion in Trump’s budget “speaks volumes about the significance of this project.”
Boeing was shut out on orders in January, but the sting was softened a bit by a deal for new passenger-to-freighter conversions.
The proposed budget includes $2 billion to construct another 82 miles of border wall along the U.S.-Mexican border and more than $160 million to hire and train 750 Border Patrol agents.
An exclusive interview with Matt Heider, CEO of voyage-optimization platform Nautilus Labs.
Lawmakers want the Defense Department to explain within 60 days why it rejected a Commerce Department proposal to tighten the U.S. content threshold for exports to the Chinese telecom.
