SCO will be held in Qingdao this June
This June, the Shanghai Cooperation Organization Summit (SCO) will be held in Qingdao, the coastal city in the East China Shandong province, reflecting China’s advocacy of the Belt and Road Initiative as Qingdao has both land and maritime connections with other nations. The SCO is a Eurasian political, economic and security organization created in 2001… Read more »
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Everglory Logistics acquires Dey Cargo Corp.
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 »
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ILA threatens shutdown over unfair labor practices
On Tuesday, a press release from the International Longshoremen Association (ILA), delivered via Sheinkopf Communications, called for a shutdown of ports along the Atlantic and Gulf Coasts, a march in Washington and strike to protest job losses and highlight the hiring practices in some of the nation’s ports that purposely reduce the numbers of dockworkers,… Read more »
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Meet Everglory’s China partner, Everlink.
Everglory Logistics has a strong presence in the United States and manages the country through our three offices in Los Angeles, Chicago and our corporate headquarters in Boston. From these three locations, we effectively cover the West Coast, Midwest and East Coasts of the United States. Key to our success is choosing the right overseas… Read more »
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Importers: CBP local ports authorized to issue ISF penalties
Customs and Border Protection on June 17th announced a change to how they are handling ISF penalties and it gives individual ports the authority to take action directly for violation of the agency’s Importer Security Filing (ISF) requirements. The ISF (or ’10 + 2′) filing requirements mandates that an importer provide Customs with ten data… Read more »
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Vietnam and the Transpacific Partnership: What we all need to know.
(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 »
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Will 2016 be the year of rate restoration on the eastbound Transpacific?
(Photo Credit Flickr User Frans Berkelaar, CC BY 2.0) 2015 is coming to a close with two notable consolidations in the ocean carrier business; COSCO is purchasing China Shipping and CMA-CGM is purchasing NOL and their liner subsidiary, APL, for $2.2 billion. COSCO has announced that China Shipping will exit the liner shipping business (read:… Read more »
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