Chinese trade slows as Lunar New Year approaches

5Feb, 2019

  In an effort to avoid the impeding tariffs on goods from China, set to increase on January 1st but were pushed back to March 1st to give more time to the negotiations between these two nations, cargo has been streaming into ports and transferring to warehouses in a process called “front loading.” While this… Read more »

16Jan, 2019

When the government couldn’t reach a deal on a funding bill on December 21st, due to the precarious inclusion of funding for a border wall, a shutdown began throughout the nation, furloughing workers. The issues surrounding the shutdown reach deep into the logistics industry as CBP, the TSA and other agencies are either not working… Read more »

30Nov, 2018

We have covered in multiple posts the additional duties that have been placed on steel, aluminum and solar panels from countries around the world, as well as the three separate lists of goods only from China. The first two lists were proposed and implemented with duty rates of 25%. The third list which contains far… Read more »

19Nov, 2018

It’s important to first mention that most imports from the trans-Pacific are being expedited because of the looming tariffs coming at the end of the year. A 25% tariff is excellent motivation to move as much cargo to the US as possible before the tariffs are in full effect. Having said that, it’s expected that… Read more »

20Sep, 2018

Effective September 24, a third set of tariffs will go into effect on $200 billion of Chinese imports. Initially the tariffs will be set at 10% through the end of the year and will rise to 25% on January 1, 2019. While 6,031 tariff lines were initially proposed, the negotiation period saw the removal of… Read more »

10Aug, 2018

This week we bring our readers information on the second tranche of HTS numbers that will be subjected to an additional 25% duties from China. Effective August 23rd, US Customs and Border Protection will collect 25% additional duties on 279 HTS numbers including products such as agricultural seeders, hoses, motors and generators. After the announcement,… Read more »

11Jul, 2018

This morning, the US Trade Representative announced a third list of HTS numbers totaling approximately $200 billion in imports from China. The escalating tit-for-tat between the United States and China shows no sign of abating and US importers and exporters are the ones directly feeling the impact. US consumers are sure to start to feel… Read more »

18Jun, 2018

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 »

21Aug, 2017

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 »

19May, 2017

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 »