In today’s unpredictable world, the shipping industry is often thrown into the spotlight with events like the backlog of ships at the Panama Canal due to drought restrictions, the closure of Turkey’s Dardanelles Strait due to wildfires, and the recent collisions in the Suez Canal. Through it all, Everglory stands firm in its mission: ensuring… Read more »
The congestion that shippers are experiencing right now on the eastbound transpacific is a direct consequence of actions taken by the steamship lines throughout 2020 as they tried to manage demand and capacity through the pandemic. Unfortunately for both shippers and those same carriers, the situation has reached a critical mass that is impacting importers… Read more »
General Status Dear associates, with a very fluid situation, below is current information we have gathered as of end of day 02/10/2020. For Greater China Area: Today marks the official work-resumption day in most provinces. Local authorities require enterprises to submit applications for approval to resume work, enterprises are requested to demonstrate their capability to ensure strict… Read more »
News has been coming to us fast and wild this month as the USTR and President Trump use the new year to finalize their trade policies that have been in the works for more than a year. From the US/China negotiations and “Phase One” agreement to the WTO Airbus decision and how it impacts wine… Read more »
Every year it’s important to look at the calendar to plan for first quarter shipments as the Chinese New Year celebrations shut down the factories and shipments coming from China. This year, we’re not only going to talk about the logistics side of Chinese New Year, but we’ll also touch a bit on the cultural… Read more »
After almost two years of ever-increasing tariff negotiations, the US and China have come to a preliminary “phase one” bilateral trade agreement. Key points of the agreement include agricultural exports from the US to China, intellectual property securities and both a reduction of current tariffs on the first three tranches of duties and a cancellation… Read more »
Officially finalized on Wednesday after the WTO made a final ruling, the US plans to levy $7.5 billion in tariffs on luxury goods against the EU. Though European leaders have called for resolution without new tariffs, as the US also gave illegal subsidies to Boeing, there has been no settlement beyond the tariffs, so far…. Read more »
Last week, protests at the Hong Kong Airport (HKG) ground traffic to a halt, delaying both passenger travel and belly cargo moving through the hub. While many forwarders scrambled to find alternate routings and confirm cargo planes were still moving in and out amid throngs of protesters, cargo planes took advantage of the empty runways… Read more »
The fourth of July is the quintessential America holiday. It’s a lively celebration where families get together, swim, travel, barbecue, and either watch or take part in a fireworks extravaganza. Fireworks have been part of the celebration of Independence Day since the 1770’s and could be considered the first key part of the celebration. Now,… Read more »
There’s no shortage of heroic dog stories. It seems that everyone, except maybe those with good reasons, loves dogs and loves to talk at length about their dogs and dogs in general. Because we’ve given you some meaty, information heavy blog posts in the last few months, we’re going to spend this week, talking about… Read more »