Insights

Stay Up to Date with the latest Laufer Market Letters and Whitepapers

‘Historic Run’ Hamstrings Container-Clogged Ports
Transpacific Eastbound Market Update – Week 29, 2021

Vessel anchor dwell times in July are averaging five days in Southern California and terminals are giving up recent gains due to the recent July 4th long holiday weekend. Prior to that time, terminals had been reporting days at anchor down to 2 during the last days of June. Congestion…

Jul 23, 2021

Episode 5 – Freight Forward – 13 Weeks To Christmas? It’s Make Or Break For Importers

13 Weeks To Christmas? It's Make Or Break For Importers. Today our VP of sales and marketing - Michael Van Hagen and Lead of Content Marketing - Alex Falconer will have a conversation on why importers should be planning and taking action now and what importers should expect and plan…

Jul 08, 2021

Laufer Group International CHB Market Update – Week 27, 2021

On July 6, 2021, The Court of International Trade (CIT) issued a 50-page opinion on the open litigation for Section 301 Lists 3 and 4A (which was opened in late 2020). This grants a preliminary injunction to temporarily halt liquidation on unliquidated import entries impacted by Section 301 List 3…

Jul 08, 2021

Market Letters

Transpacific Eastbound Market Update – Week 25, 2021

Jul 01, 2021
Supply chain bottlenecks continue to escalate with little optimism that conditions will improve through the remainder of the year. Congestion at the Shenzhen port of Yantian has created a chaotic situation as ocean carriers had no choice but to wait out the berthing delays or bypass the port further impacting the lack of capacity. Port operations are now back near 100% yet, residual effects remain as evidenced by the 15 blank sailings announced for July.
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Market Letters

Laufer Group International CHB Mid-Year Update – June 2021

Jun 22, 2021
Along with MTB and GSP, there were provisions in ‘The China Package’ for the USTR to reinstate the Section 301 exclusion process. This would once again allow for more widespread use of exclusions importers could utilize to avoid paying additional duty on certain goods with China as the Country of Origin. As of now, almost all existing exclusions have expired – with only 108 active exclusions remaining of the thousands which were granted. There has not been much public facing discussion about the Section 301 tariffs on China goods being lifted, so the possibility of additional exclusions is the only glimmer of hope toward relief for US importers. Many importers found the first iteration of the exclusion process cumbersome and hard to manage but welcomed the relief from high duty payments.
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Market Letters

Transpacific Eastbound Market Update – Week 24, 2021

Jun 17, 2021
The June 15th GRI was implemented across the marketplace as expected, with ocean carrier’s significantly increasing inland rail destinations by over $1,000 per 40’. West Coast and East Coast base port increases varied considerably by carrier. The FAK rate increases can largely be considered insignificant since premium rates are the only ones moving the freight in today’s market. Premium rates continue to increase across the board. Carriers such as MSC are increasing their Diamond service rates by $3,000 per 40’.
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