by Jon Sabel | Jan 3, 2022 | Market Reports
Rate & Market Information The rush to get Christmas goods is over but imports remain high. As expected, demand for shipping goods before Chinese New Year have increased so rates have started to pick up again. The new round of GRI starting 1st Jan is around $1000...
by Jon Sabel | Dec 27, 2021 | Duty Drawback
By David Verkaik, VP of Drawback Development, J. M. Rodgers Co., Inc. On September 13, 2021, U.S. Customs and Border Protection released CSMS (Cargo Systems Messaging Service) #49358330, which gave drawback claimants specific instructions concerning the transition to...
by Jon Sabel | Dec 6, 2021 | Market Reports
Rate & Market Information FAK rates remain well above historical averages, and most carriers have decided to maintain current level till the 14 December. Carriers such as ONE, HPL, CMA and COSCO will stop accepting USWC BP cargoes on some services starting in...
by Jon Sabel | Nov 15, 2021 | Market Reports
Rate & Market Information FAK rates remain well above historical averages. After a price increase of $500 to $1,000 per FEU at the beginning of the month, carriers have decided to maintain current level till the end of November. Carriers started offering FAK space...
by Jon Sabel | Nov 5, 2021 | Market Reports
Rate & Market Information LA and Long Beach issue fines for lingering containers NEW regulations to try and get containers out of the Ports of Los Angeles and Long Beach quicker are being enacted, including penalties for companies whose containers linger too long...