Shanghai Air Export Freight to surge in June and July
Analysts indicate that air export from Shanghai will surge beginning in June due to the plan to lift COVID-19 restrictions beginning June 1 in some of the 16 districts in Shanghai and surrounding area.
USTR Extends 352 Expired Exclusions from Section 301 Tariffs on China
On March 23, 2022, the Office of the U.S. Trade Representative announced an extension of 352 exclusions from the Section 301 Tariffs on China. The exclusions will be retroactive from October 12, 2021 and will remain in effect until December 31, 2022. The exclusions cover items from the 301 lists 1,2,3,4, which are currently in effect.
80,000 Containers are Stacked Up at the Port of Savannah
The Port of Savannah is overwhelmed with shipping containers as the supply chain crisis continues. 80,000 containers, 50% more than normal, are stacked up on the docks. Some ships waited for nine days before getting a slot. About 700 containers have been left there for a month or more, while in September, 4,500 containers sat in the port for weeks,...
Ports of Los Angeles and Long Beach Extend Gate Hours for Trucks
It was announced on Friday, September 17, that the Ports of Los Angeles and Long Beach will expand operating gate hours during which trucks can pick up and return containers, they said in a joint statement. Combined, the 2 ports move about 40% of all containerized cargo entering the US each year. Both ports are working with the White House...