Section 301 Conforming and Technical Amendments Issued
On October 14, 2022, the U.S. Trade Representative issued two notices, 87 FR 62485 and 87 FR 62486 detailing conforming and technical amendments to Section 301 China exclusions. The amendments reflect two changes made to exclusion descriptions (Exclusion 50, 51)[...]
read moreAD/CV Duty Investigation on Freight Rail Couplers and Parts
According to CSMS # 53690377, Initiation of Antidumping and Countervailing Duty Investigations: Certain Freight Rail Couplers. On October 18, 2022, the Department of Commerce (Commerce) initiated its less-than-fair-value and countervailing duty investigations on “Certain Freight Rail Couplers and Parts Thereof[...]
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October 2022
Ocean shipments are typically backlogged at Chinese ports building up to Golden Week, also known as peak season. [...]
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October 2022 Air Market Update
The air peak season is expected to be muted this year as retailers prepare early for the holiday shopping season. Overall, space, pricing, and transit times remain reliable and stable, with some exceptions. Residual congestion persists at major hubs.[...]
read more31 parties added to the BIS Unverified List
The Bureau of Industry and Security (BIS) added 31 parties to the Unverified List (UVL). Parties are added when BIS is unable to verify the parties are legitimate and reliable entities. All 31 parties are being added under the destination of[...]
read moreBIS Cracking Down on Chip Exports
Starting October 7th, 2022, the Bureau of Industry and Security (BIS) is cracking down on exports of advanced computing integrated circuits (ICs), computer commodities containing ICs, and certain semiconductor manufacturing items destined for China.The intention is to limit China's access[...]
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October 2022 Ocean Market Update
We are starting to see fewer delays and bottlenecks in the container market. Experts are predicting a market normalization by Q1- 2023. If normalization occurs, equipment and space will be easier to come by, and congestion will be rare and[...]
read moreSection 301 China: 4-Year Review Next Steps
On October 12th, 2022, the U.S. Trade Representative (USTR) announced the next steps in the Section 301 China 4-Year Review Process. The public will have the opportunity to submit comments online about the effectiveness of the Section 301 China List[...]
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The Comedown: Freight Pricing caught in Global Turbulence
Pre-pandemic, the average global price to ship a container hovered around $1,500. By the end of 2020, prices began to skyrocket, peaking that September at over seven times that amount. Today, a significant course correction is underway, leaving us with[...]
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