Please be advised that the June 15, 2019 General Rate Increase (GRI), applicable on the Asia & Indian Sub-Continent (ISC) to Canada & USA trade lanes, and announced at levels of usd 1000 per 40′ container, has generally been postponed. Updated rates taking the above measure into account will be published as soon as possible. Carriers have…
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New container terminal coming to the Port of Quebec
The Quebec Port Authority recently announced the signing of a long-term partnership with Hutchinson Ports and Canadian National Railway (CN) to build and operate a new terminal. Known as Laurentia, the new $775 million project is expected to have the most environmentally and technologically advanced cargo-handling facility in North America. It will be a terminal…
Fifth Set of China Section 301 Tariff Exemptions Announced for List 1 Products
The Office of the United States Trade Representative (USTR) recently announced a fifth set of product exclusions from the Section 301 25% duties on Chinese products. These exclusions relate to items that were included in the first list (‘List 1’) of products enacted on July 6, 2018. Products in List 1 include many technology imports…
U.S. Announces Extension of China Section 301 List 3 Entry Deadline
The Office of the U.S. Trade Representative (USTR) announced it will extend the entry deadline for Chinese Section 301 List 3 imports. They were previously required to enter the U.S. prior to June 1, 2019. To maintain the existing 10% Section 301 tariff rate, the new entry deadline announced by the USTR is June 15,…
U.S. Removes India from Generalized System of Preferences (GSP) Program
Following a previous review of India and Turkey’s Generalized System of Preferences (GSP) designations, the U.S. announced the formal removal of India from its GSP program effective June 5, 2019. This action eliminates preferential tariff access to the U.S. market for India under the program. This announcement follows the prior removal of Turkey from the…
IMO announces tougher sulfur emissions restrictions
The International Maritime Organization (IMO) has announced tougher ship rules on sulfur emissions. The rules will come into effect on January 1, 2020. Beginning in 2020, the sulfur content in fuel cannot exceed 0.5%, down from the current 3.5%. Only ships with sulfur-cleaning devices called scrubbers will be permitted to continue to burn high-sulfur fuel. The…
