US Importers Sink $5.19B into Freight Services
Issue Date: March 23, 2021 Quote of the Issue: “Gratitude, like faith, is a muscle. The more you use it, the stronger it grows.” – Alan Cohen. Paying More for Less Reliability with Freight Services ShapLight Focus: US importers paid $5.19B in freight services during February 2021, up from $1.95B in February 2020 2021 YTD carrier […]
Continue Reading »USTR Extends Tariff Exclusions for Certain COVID-19 Products through SeptemberUSTR Extends Tariff Exclusions for Certain COVID-19 Products through September
The Office of the U.S. Trade Representative (USTR) announced that it will extend certain Section 301 tariff exclusions on products used to treat COVID-19; these exclusions were previously set to expire on March 31, 2021. The extended exclusions will apply to all products meeting the specified criteria until September 30, 2021. Click here to read […]
Continue Reading »US and UK Announce Temporary Suspension of Tariffs on Large Civilian Aircrafts – UPDATE!US and UK Announce Temporary Suspension of Tariffs on Large Civilian Aircrafts – UPDATE!
On March 4th, 2021, the office of the U.S. Trade Representative (USTR) and United Kingdom (UK) announced a four-month suspension of additional duties on large civilian aircrafts in an effort to resolve one of the longest running World Trade Organization (WTO) disputes. According to the USTR press release, the UK had already stopped applying retaliatory […]
Continue Reading »Port and Rail Congestion Get Carriers Off Track
Issue Date: January 15, 2021 Quote of the Issue: “You can’t calm the storm, so stop trying. What you can do is calm yourself. The storm will pass.” – Timber Hawkeye US Domestic: Port and Rail Congestion Crippling Service Levels ShapLight Focus: Dray carriers are requiring bookings at least 12 days in advance for Savannah, Norfolk, […]
Continue Reading »USTR Suspends Tariffs on Certain French Goods Scheduled to Begin January 6thUSTR Suspends Tariffs on Certain French Goods Scheduled to Begin January 6th
Yesterday, the office of the U.S. Trade Representative (USTR) announced the suspension of additional 25% duties on certain French goods that were originally scheduled to begin on January 6, 2021. According to officials, the decision was made “given that these [Digital Services Tax] investigations are ongoing and have not yet reached any determinations on what, […]
Continue Reading »USTR Announces Additional Section 301 Tariffs on Certain EU ProductsUSTR Announces Additional Section 301 Tariffs on Certain EU Products
On December 30th, in the latest escalation of the on-going dispute over aircraft subsidies, the office of the U.S. Trade Representative (USTR) announced that it will impose additional Section 301 tariffs on goods imported from the European Union (EU). An additional 15% tariff will be assessed on aircraft parts, as well as 25% tariffs on […]
Continue Reading »EU Imposes Additional Tariffs on $4 Billion Worth of US ExportsEU Imposes Additional Tariffs on $4 Billion Worth of US Exports
Yesterday, the European Union (EU) announced that it will raise tariffs on $4 billion worth of goods imported from the US in response to the on-going dispute over aircraft subsidies. Beginning November 10th, the EU will impose additional 15% tariffs on large aircrafts, as well as 25% tariffs on an assortment of other goods – […]
Continue Reading »Truck Driver Shortage Lacks a Woman’s Touch
Issue Date: November 4, 2020 Quote of the Issue: “Every storm runs out of rain.” – Maya Angelou US Trucking Landscape: Truck Driver Shortage in Spotlight during Surge ShapLight Focus: Women comprise only 6% of the current truck driving labor force According to the American Transportation Research Institute, the top trucking industry concerns for 2021 and […]
Continue Reading »Trump Issues Presidential Proclamation Updating 232 Tariffs on Canadian AluminumTrump Issues Presidential Proclamation Updating 232 Tariffs on Canadian Aluminum
On October 27, 2020, President Trump issued a Proclamation on Adjusting Imports of Aluminum into the United States, reinstating Canada’s exclusion from additional 10% duties under Section 232 on certain non-alloyed unwrought aluminum articles. As a result, HTS number 9903.85.21 is no longer required for imports of non-alloyed unwrought aluminum articles that are the product […]
Continue Reading »FTL Trucking Rates Continue to Ramp Up
Issue Date: October 14, 2020 Quote of the Issue: “There’s something to be said for sitting still and letting things clear, the way morning fog burns off the lake.” – George Witte FTL Trucking Landscape: Record Rates per Mile ShapLight Focus: In October, FTL trucking rates hit a national average of $2.44 per mile, the highest […]
Continue Reading »USTR Announces Another Round of Section 301 Exclusions for List 1 and 2 ProductsUSTR Announces Another Round of Section 301 Exclusions for List 1 and 2 Products
On September 30th, the Office of the U.S. Trade Representative (USTR) announced its latest round of product exclusions from Section 301 Chinese tariffs. Similar to the last set of exclusions, the USTR notice features 2 separate sets of exclusions, each containing the specially prepared HTS subheadings partially excluded from Section 301 List 1 and 2 […]
Continue Reading »USTR Launches Public Comment Period on First Round of Section 301 Exclusions ExtensionUSTR Launches Public Comment Period on First Round of Section 301 Exclusions Extension
The office of the U.S. Trade Representative (USTR) will publish an official notice in the Federal Register later this week asking the public to submit comments on whether the first set of Section 301 List 1 exclusions, currently set to expire on December 28th, should extend an additional year. Each comment will be individually evaluated […]
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