Effective Friday, April 1st, the ports of Long Beach and Los Angeles will implement a Clean Truck Fund (CTF) collection of $10 per twenty-foot equivalent unit on loaded import and…
Trade Alerts
APM Terminals Announce Demurrage Policy Change
APM Terminals is set to implement a policy change related to Saturday demurrage fees for all inbound containers. Starting April 9th, 2022, Saturdays will no longer be counted as exempt…
Shanghai Implements Two-Stage Lockdown in Effort to Curb Virus Outbreaks
On Monday, Shanghai launched a two-stage lockdown of its 26 million residents in a campaign against the Covid-19 virus and rising omicron cases. The lockdown is being implemented in two…
U.S. Announces New and Updated Russian Sanctions
The trade continues to closely watch the movement of legislation through the United States House of Representatives and the United States Senate, which would remove Most Favored Nation (MFN) trade…
CP and TCRC Reach Agreement and End Work Stoppage
Canadian Pacific Railway (CP) and the Teamsters union have agreed to final and binding arbitration to end the work stoppage that began on Sunday. Workers returned to the job at…
Canadian Pacific Railway Shuts Down and Union Workers Strike
Trains across Canada came to a halt early on Sunday as Canadian Pacific Railway (CP) shut down operations and locked-out workers, and the union subsequently went on strike with picketing…
Shenzhen Locked Down After Spike in Covid Cases
China has locked down Shenzhen, a city of 17.5 million people, in an attempt to control its worst Covid-19 outbreak since the pandemic began in 2020. As China seeks to…
U.S. Bans Russian Imports and Downgrades Russia’s Trade Status
On March 11, President Biden issued an executive order banning imports of Russian seafood, spirits, and non-industrial diamonds due to Russia’s conflict with Ukraine. This ban follows earlier sanctions imposed…
Trucking Industry Struggling as Oil Prices Continue to Soar
With today’s current market conditions, the shipping industry is not only suffering from equipment and driver shortages, severe congestion, and capacity issues, but oil prices are now soaring, causing more…
Union Members at CP Rail Vote to Authorize Strike
Union members of the Teamsters Canada Rail Conference (TCRC) have voted in favor of a strike mandate beginning March 16, 2022, if a collective bargaining agreement isn’t reached. The possible…
