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Container spot rates continue falling on east-west trades

Pricing on routes between Shanghai and the rest of the world fell another 4.3 percent last week, continuing a steady decline that began in early February, according to the Shanghai Shipping Exchange’s Shanghai Containerized Freight Index (SCFI).

Shipping NewsPosted on: March 26, 2018

North American freight market growth rolls on in February

Shipment volumes for the month jumped 5.9 percent from January and 11.4 percent compared with February 2017, while expenditures grew 5.2 percent sequentially and 14.3 percent year-over-year, according to the latest Cass Freight Index Report.

Shipping NewsPosted on: March 26, 2018

CPSC to hold hearing on Internet of Things regulations

The Consumer Product Safety Commission will host stakeholders in May to examine issues related to products that connect to the Internet, including newly posed ‘non-traditional’ safety matters that could fall in the commission’s purview.

Shipping NewsPosted on: March 26, 2018

U.S. sets dumping duties for Chinese box staples

The U.S. International Trade Commission is scheduled to make its final decision on this petition for the antidumping duty investigation, filed by North American Steel & Wire/ISM Enterprises of Pennsylvania, by May 7.

Shipping NewsPosted on: March 26, 2018

Pennsylvania man indicted for illegal gun part exports

Ross Roggio of Stroudsburg, Pa., and his firm Roggio Consulting Co. were charged with conspiracy to illegally export firearm parts and tools to Iraq for manufacturing M4 rifles.

Shipping NewsPosted on: March 26, 2018

EU launches safeguard investigation into steel imports

The review was characterized as a response to indications that imports have been increasing over the past two years, a trend the European Union said could be exacerbated by recently ordered U.S. steel tariffs.

Shipping NewsPosted on: March 26, 2018

U.S., South Korea close KORUS talks

The U.S. and South Korea have agreed in principle to a set of amendments on the six-year-old deal, South Korea’s trade minister said Monday.

Shipping NewsPosted on: March 26, 2018

CPSC seeks comments on age guidelines for toys

The Consumer Product Safety Commission has requested comments on draft guidelines for determining the age appropriateness of toys be sent before June 11.

Shipping NewsPosted on: March 26, 2018

APL launches new intra-Asia loop

The ocean carrier introduced a new loop connecting Hong Kong, China and Vietnam, deploying one 1,200-TEU vessel.

Shipping NewsPosted on: March 26, 2018

Omnibus spending bill benefits ports, AAPA says

The sweeping $1.3 trillion omnibus spending package signed by President Trump Friday, which contains funding for various landside and waterside projects, tripled the budget for the Transportation Investments Generating Economic Recovery (TIGER) program.

Shipping NewsPosted on: March 26, 2018

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  • Gemini Shippers joins coalition seeking suspension of detention and demurrage charges
  • FMC Commissioners Discuss Ocean Carrier Issues, Global Alliances, and Market Developments
  • Section 301 updates
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  • Accessories Council Introduces Its Business Workshop on Nov 15
  • Americans for Free Trade coalition urges USTR to extend exclusions for products covered by the Section 301 China tariffs before they expire
  • Gemini Shippers Group joins assocition in letter to USTR on Vietnam Section 301 tariffs.
  • Federal Maritime Commision – Covid-19 Supply Chain Investigation Shifts Focus to NY/NJ in Phase Two
  • ONE reports $192 million loss in second quarter
  • C.H. Robinson’s net income jumps by over 46 percent
  • ITC weighs testimony in aluminum AD/CVD case
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Gemini Shippers Association

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Fashion Accessories Shippers Association

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info@fasa.nyc
212-947-3424