The US Pacific Northwest supplies 80% of domestic cherry sales and 11% of the cherries imported in China. Roughly one-third of all US grown cherries are exported overseas and accounted for $679 million in 2017. Tariffs on cherries in 2017 were 10% but after an escalating trade war with China, the tariffs hit 50% this… Read more »
On Friday, June 15th, the United States Trade Representative announced that the U.S. was moving ahead with imposing a 25% duty on list of a little over 800 different harmonized tariff items from China. Customs and Border Protection will begin collecting these duties for goods entered or withdrawn beginning July 6, 2018. Following a comment… Read more »
The commercial invoice (CI) is the record of a sales transaction and a crucial part of any import/export shipment. In a transaction, these documents record the buyer and seller’s information, detailed descriptions and quantities, trade terms, price, reference marks regarding the packaging and contents, payment arrangements, and the signature of the exporter that are agreed… Read more »
Dey Cargo adds complementary strength in project cargo, new global markets for Everglory customers. Everglory Logistics today announces our acquisition of Dey Cargo, an Atlanta-based freight forwarder. Dey Cargo provides traditional air and sea freight services that will join forces with Everglory’s market strength in the far east offering a wider global portfolio to importers and exporters…. Read more »
The WHO has declared the U.S. on their list of Zika-transmission countries. Because of this, China’s agency governing agency, the Administration of Quality Supervision, Inspection and Quarantine (AQSIQ) has required all countries on its Zika-infected list comply with disinsection requirements. This policy dates back to March 5th, so it is not something that was imposed… Read more »
One of the side effects of being in the logistics industry is that you look at certain things through a different set of eyes. When I go shopping, I look at country of origin markings. When I see foreign aircraft I usually know the flight number and where it’s coming from. Ocean containers are a whole different discussion… Read more »
(Pictured above: the skyline of Hanoi, Vietnam) Vietnam is poised to become one of the stand-out success stories of the Trans-Pacific Partnership, with exports growing 11 percent, or $36 billion dollars over the first decade. With very low labor costs, the removal of import tariffs from the US and Japan, Vietnam also expects a 50%… Read more »
No matter how easy the National Export Initiative makes an international sale, exporters must be aware of several important rules and guidelines when selling goods to an overseas entity. We will look at some of the details of things like AES and routed export transactions in future columns, but today we want to focus on… Read more »
Ocean freight shippers are coming to learn two new acronyms along with the alphabet soup of others in their vocabulary owing to a new requirement for containers for containers worldwide beginning July 1st. SOLAS SOLAS stands for Safety of Life At Sea Convention and it is a Committee of the International Maritime Organization charged with keeping… Read more »
(Photo credit: Flickr user TechStage, CC By 2.0) The Consumer Product Safety Commission has intensified their investigation into the safety of so-called hover boards, or battery-powered devices that are steered by balance. Admittedly, they don’t really hover, and if you’re looking for a great way to describe them, think of them like a Segway without the manual controls…. Read more »