U.S. Imports See Strong Gains
The latest Port Tracker report from the NRF and Hackett Associates highlights ongoing optimism for U.S.-bound retail container imports, noting…
DHS Adds China-Based Companies to UFLPA Entity List
The Department of Homeland Security (DHS) has added three China-based companies to the Uyghur Forced Labor Prevention Act (UFLPA) Entity…
EU Imposes Higher Tariffs on Chinese EVs
Starting July 4, the European Union (EU) will impose tariffs of up to 38.1% on Chinese electric vehicles, in addition…
China Imposes New Export Restrictions
Starting July 1, China is imposing new export restrictions on various aviation and space components and equipment. These restrictions will…
CBP Fact Sheet: FY 2023 Milestones
On June 12, CBP issued a fact sheet outlining its achievements and milestones during FY 2023. This includes processing over…
ILA Halts Talks, Raises Strike Concerns
The International Longshoremen’s Association (ILA) has suspended negotiations for a new labor contract at US East and Gulf Coast ports,…
NTSB Investigates Charleston Incident
The MSC Michigan VII, which departed Charleston on June 5, experienced an engine malfunction that caused it to accelerate uncontrollably.…
Canadian Border Agent Strike Avoided
Canadian border agents, represented by the Public Service Alliance of Canada and Customs and Immigration Union, have reached a tentative…
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Panama Canal Increases Daily Transits
Starting July 11, the Panama Canal will increase daily transits from 32 to 33, and from July 22 onwards, this…
Port of Baltimore Reopens After 11-Week Closure
The main ship channel to the Port of Baltimore has been fully cleared of debris and reopened. Federal authorities estimate…
Spot Rates Predicted to Continue Upward
Container spot rates on major east-west trades saw moderated price increases following significant previous hikes. Drewry’s World Container Index (WCI)…