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Sal Stile talks on Fox Business:
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Bipartisan OSRA bill introduced in Senate
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Section 201 TRQ on solar cells continued
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Senators Amy Klobuchar (D-MN) and John Thune (R-SD) have a bill cosigned by 12 of their colleagues. This will touch off a firestorm of debate and undoubtedly a lobbying battle with the World Shipping Council, the association representing carriers.
Pete Mento’s on-demand webinar… Minimize Customs Duties and Maximize Compliance.
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Global trade, customs, and economic consultant Pete Mento shares how duty minimization and compliance programs make a significant difference in import and export costs AND how you can reduce them while still being compliant.
Shanghai and Los Angeles commit to green corridor
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New WRO targets additional forced labor in Malaysian gloves
Effective January 28th, CBP officers and import specialists at all U.S. ports of entry began detaining disposable gloves produced in Malaysia by YTY Industry Holdings Sdn Bhd (YTY Group). Green Prospect Sdn Bhd, and GP Lumut. Importers purchasing from these companies should be aware. |
One of the busiest trade lanes in the world is also one of the largest producers of greenhouse gas emissions. The ports of Shanghai and Los Angeles, in partnership with shipping lines and cargo owners, have committed to deliver an implementation plan by the end of 2022 to get to zero-carbon fueled ships by 2030 and reduce emissions.
Relief in 2022? More like 2023 says Alphaliner.
Last year’s sale of 572 containerships with a capacity of 1.94 million TEU’s was 26% higher than the annual prior record in 2017. Despite global inflation, predictions remain that the relief sought from port congestion and sky-high rates will not be seen until the next calendar year.
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