Customs brokerage services are provided by Flexport’s wholly-owned subsidiary, Flexport Customs LLC, a licensed customs brokerage with a national permit. How will demand recover from COVID-19? Subscribe, CBP Extends Hong Kong Marking Compliance Period, Exclusions Granted for Section 301 LIst 3, Comments Requested on Proposed AD/CVD Changes, Two different regional Fed indices gave a less rosy picture of US manufacturing. Sign up for a Flexport account or ask to see our platform in action. Want to receive our weekly Market Update via email? International ocean freight forwarding services are provided by Flexport International LLC, a licensed Ocean Transportation Intermediary FMC# 025219NF. Initial price information for IMO 2020 compliant 0.5% VLSFO (Very Low Sulphur Fuel Oil) bunker is now available for several main ports. View glo-dgf-ocean-market-update.pdf from AMS 2244 at University of Phoenix. ATA Files Shipping Act Suit The American Trucking Associations’ Intermodal Motor Carrier Conference (IMCC) has filed suit with the Federal Maritime Commission, claiming foreign shipping lines are violating the US Shipping Act. Both the. Subscribe here. Comments Requested on Proposed AD/CVD Changes This information is provided to our community for informational purposes only, and we do not accept any liability or responsibility for reliance on the information contained herein. For a roundup of tariff-related news, visit Tariff Insider. And how can you ensure your … The new deadline is November 9th, 2020. New Silk Road Routes Explode With volume doubling or tripling on some routes this year, China-Europe rail transport is experiencing a boom, influenced by Chinese investment, blank ocean sailings, and delivery speeds, according to Supply Chain Digest. Please note that the information in our publications is compiled from a variety of sources based on the information we have to date. Flexport makes shipping your cargo transparent, reliable, and affordable. According to The Maritime Executive, more than 90,000 containers and 300,000 tons of bulk cargoes were delayed with the congestion likely to take up to another month to clear. DHL Global Forwarding | OFR Market Update | November 2020 2 OCEAN FREIGHT MARKET UPDATE - NOVEMBER 2020. DHL Global Forwarding OCEAN FREIGHT MARKET UPDATE September 2020 publication date August 31st, 2020 DHL … The Department of Commerce is accepting comments on proposed changes/modifications to AD/CVD (Antidumping and Countervailing Duties) until September 14th, 2020. Exclusions Granted for Section 301 LIst 3 Get Started. Importers can still claim refunds on prior entries through a PSC, or protest retroactively to the September 24th, 2018 implementation date. Less blank sailings announced, but some still in place. Freight Market Update: August 12, 2020 Ocean and air freight rates and trends; customs and trade industry news plus COVID-19 impacts for the week of August 12, 2020. 2 Contents TOPICS OF THE MONTH Emergency Risk Surcharge for the Strait of Hormuz HIGH LEVEL DEVELOPMENT MARKET OUTLOOK Freight Rates and Volume Development ECONOMIC OUTLOOK & DEMAND DEVELOPMENT … Visit Flexport’s COVID-19 Trade Insights for information and analysis. How will demand recover from COVID-19? Ocean and air freight rates and trends; customs and trade industry news plus COVID-19 impacts for the week of August 26, 2020. I agree to the storing and processing of my personal data by Flexport as described in the Terms of Service and Privacy Policy. Get weekly insights into all things freight, delivered right to your inbox. The reason for this sudden resumption in container shipping demand are multiple : a catch up effect, dislocation of air freight markets benefiting seaborne transport, a hefty rise in demand for hygiene products, and people spending money on consumer goods rather than travelling. Other proposed changes in the notice dealt with anti-circumvention and certificates. Meanwhile, this week, Flexport Chief Economist Dr. Phil Levy noted the following economic highlights: CBP Extends Hong Kong Marking Compliance Period As the lockdowns were eased in several countries, demand started to rise without rational explanation at first sight. Strike Truce Relieves Delays After two weeks of strike diverting cargo ships to other ports, workers in Montreal have resumed work under a truce, in effect until March 2021. OCEAN FREIGHT MARKET UPDATE DHL Global Forwarding, Freight August 2019 Publication Date 31st July 2019 Dominique von Orelli – Global Head, Ocean Freight PUBLIC . … The biggest area of concern within the trade community is the proposed changes to scope rulings decisions. Ocean and air freight rates and trends; customs and trade industry news plus COVID-19 impacts for the week of August 19, 2020. Lloyd’s Loading List reports alleged offenses include limiting equipment leasing choices in order to control unreasonable pricing. Visit Flexport’s, Want to receive our weekly Market Update via email? MARKET OUTLOOK OCTOBER 2020 OCEAN FREIGHT RATES –OTHER MAJOR TRADES DHL Global Forwarding | OFR Market Update | October 2020 7 Source: DHL Slight rate increases in Q4/2020, plus a moderate BAF increase.