Update: APAC Ocean and Air Freight

Ocean carriers have moved forward with implementing the Aug 1st GRI. Similarly, Fast Boat options such as APL EXX, Matson, and ZIM ZEX service from South China are announcing a PSS from Aug 1st.

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Update: Capacity & Alternatives

Due to another surge in PPE shipments and certain retail markets opening in the US, we are starting to see capacity out of Asia tighten again. This week, three major carriers (CZ/CZ/CK) cancelled flights from PVG to LAX and ORD. They also changed some flights to charters, removing space from the market, and increasing rates...

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Newsflash: List 4A Products Excluded from China Tariff

List 4A Products Excluded from China TariffWe have been informed that works of art have been excluded from the Section 301 additional tariffs on goods from China (7.5%). Exclusions are retroactive, so importers may now claim refunds on additional duties paid on Chinese artwork imported since September 1, 2019. Learn more...

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Newsflash: USMCA

USMCAThe United States, Mexico, and Canada have updated NAFTA to create the new U.S. – Mexico – Canada Agreement (“USMCA”) . The USMCA, which goes into effect on July 1, 2020, is intended to benefit North American workers, farmers, and businesses and create a balanced environment for trade across the North American economy. Until the USMCA is in effect on July 1, NAFTA remains in effect. Learn more...

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Update: EU Lock-down Status

Demand for air freight ex-Europe is inconsistent, fluctuating on a week-by-week basis. Capacity remains tight as travel restrictions into and out of the U.S. continue to impact passenger belly capacity...

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