ILA Contract – East Coast

Earlier this week the International Longshoreman’s Union (ILA) and the Port of New York and New Jersey employers group reached a possible six-year agreement for the port.  This deal covers the US East Coast and Gulf Coast ports.  With the agreement in place it will not go to the rank and file members for a… Read more »

Section 301 Lists

Here are links to the 3 lists of the Section 301 tariffs released by the United States Trade Representative (USTR).  As of July 6th, List 1 has been implemented and subject to an additional 25% duty. This list contains 818 HTS codes.  List 2, covers 284 HTS codes and will also be subject to additional… Read more »

PierPass Changes Ahead

The very successful PierPass program will be making changes that are expected to take place in the fourth quarter of this year. It is informally known as PierPass 2.0, and the change will replace the current congestion pricing model with an appointment-based system.  They will use a single TEU (twenty foot equivalent)-based flat fee on… Read more »

Section 301 Tariffs published

The FIRST Section 301 Tariff List has been published.  The USTR has broken the original list of approximately 1300 HTS codes into 2 separate lists.  The first list is 818 HTS codes that represent 34 billion dollars worth of trade with China.  The additional duty rate is 25% and the effective date is for goods arriving… Read more »

Section 301 China Tariffs

The comment period and testimony related to President Trumps Section 301 China Tariffs investigation have finished. The basic outcome is that there will not be any additional tariffs at this time. The President stated that China has agreed to purchase more US goods and services as well as more American farm products which will help… Read more »

NOR’EASTER QUINN SHUTS NJ PORTS

We just received word that due to rapidly increasing winds as well as expected snowfall the New Jersey ports are closing immediately. They have also issued notice that they will be closed tomorrow. Between the Pennsylvania interstates being closed to commercial traffic as of 8am this morning and the NJ ports being closed from now… Read more »

GSP Bill Passes the House

Good morning, just a quick update on GSP. On February 8th H.R. 4979 was introduced to the House of Representatives – this bill includes the renewal of GSP for a period of 3 years. Yesterday the bill passed the House with overwhelming support (400-2). It is good to see the people who drafted the bill… Read more »

TRUCK BAN – Port of New Jersey

A Truck Ban will begin January 1, 2018. All Drayage Trucks with an engine dated 1995 or older will NOT be permitted access into any Port Authority Terminal at the Ports of New York & New Jersey. This ban is aimed at reducing diesel truck emissions as well as improving overall health and safety. The… Read more »

Steel Import Investigation

Yesterday the US Department of Commerce published the hearing schedule for the investigation of Steel imports. The investigation is very troubling to most in the steel industry since they have cast a very wide net. Based on the published information it seems hot-rolled or cold-rolled sheet and plate will be covered and even products such… Read more »

Shanghai Congestion

Congestion at the port of Shanghai is now at 51.2 hours and the number of vessels has dropped from 100 last week to around 80 as of now. Equipment shortage is still an issue and the delivery window for export containers is now 24 hours which was previously 72. There are many reasons for the… Read more »