Around the globe, ships transport 80 percent of all goods. In some developing countries that percentage is even higher. There is a scramble to bolster anything that might impact the transport of goods and disrupt the supply chain such as fuel and inflation. The impacts are felt around the world. Carbon emissions due to the […]
81 COVID exclusions, that include medical care products, to the Section 301 Trade investigation were set to expire on November 30, 2022. The Office of the US Trade Representative announced that those exclusions will be extended by three months, through February 28, 2023. The exclusion extensions are available for any product that meets the specified […]
Many supply chain logistics experts believe that retailers will experience a decline this holiday season. Fall and winter items are not arriving on time to meet the demands this holiday season and into 2023. Ocean shipping brokerage companies have started to experience a 20% decline in their ocean freight orders due to an oversupply of […]
Customs and Border Protection (CBP) recently posted a message to trade partners on their website from Manuel A. Garza, Jr., Director of Customs Trade Partnership Against Terrorism (CTPAT) concerning three new benefits for those trade partners who are in compliance with newest requirements to keep forced labor out of the supply chain. Those requirements, announced […]
While a third union, the International Brotherhood of Boilermakers (IBB) joins the Brotherhood of Maintenance of Way Employees Division of the International Brotherhood of Teamsters (BMWED) and the Brotherhood of Railroad Signalmen (BRS) in rejecting the current offer from carriers, citing the lack of sick time, all parties have agreed to extend the cooling off […]
A conversation with Sobel Network Shipping Co., Inc., Regional Director of Compliance, Sally T. Rosales. Why is it important to remain compliant in logistics? Sally: The consequences of non-compliance are clear, but other issues can come about that are less direct than the punitive measures countries enact. If your items are held up at the […]
As part of the Food Safety Modernization Act (FSMA), the Food and Drug Administration (FDA) will require additional food traceability documentation for what are deemed certain high-risk foods. The FDA says that these requirements “would establish traceability recordkeeping requirements for persons who manufacture, process, pack, or hold foods that FDA has designated as foods for […]
Ford’s sales slid by 10% in October 2022 due to supply chain problems that caused delayed shipments. The auto giants reported sales for the month were almost 158,327 which was down from 176,000 reported in October of 2021. It was the second month of decline. Previously sales had held in the double digits despite semiconductor […]
Consumers are all too familiar with the impact of the supply chain on the prices of groceries at the market, but it’s also hitting the pharmaceutical industry hard. In 2021 the price of fludarabine, an older chemotherapy drug, was only $110 wholesale but this year, Areva Pharmaceuticals has increased the drug’s price to $2,736. Why […]
The Section 301 tariffs have had technical amendments to the Harmonized Tariff Schedule of the United States (HTSUS) in two exclusions under HTSUS 9903.88.67. Because of this, Customs and Border Protection (CBP) has made a guidance to aid in the understanding of said changes. The changes were made on October 14, 2022 by the Office […]
