Insights

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

Pier with Container Ship From Above
LAUFER’S COMPLIANCE EXPERTISE MITIGATES RISK AND SAVES MONEY

These are unprecedented times and every dollar added to the bottom-line matters. Laufer Group is always looking for ways to help companies save time and money, and avoid regulatory risk. As a partner, we provide our expertise to every facet of our customers’ supply chains.

Jan 14, 2021

CHB Update – Week 2, 2021

The Generalized System of Preferences (GSP), which allowed for duty free treatment of goods from specific countries, expired at the end of 2020. This is not the first lapse. In the past (after the agreement is renewed), Post Summary Corrections could be filed on entries in order to obtain a…

Jan 07, 2021

Transpacific Eastbound Market Update – Week 2, 2021

We may have placed our 2021 calendars on the wall, however the 2020 hangover remains as capacity, equipment, port congestion and extremely high freight rates continue to carry over into the new year. The majority of lanes are booked solid right through January and any new bookings with departure dates…

Jan 07, 2021

Market Letters

Transpacific Eastbound Market Update – Week 51, 2020

Dec 18, 2020
Import volumes remain very strong and this trend is expected to continue through this coming February’s Chinese New Year. The situation with capacity and equipment is still quite serious and the lack of equipment is causing cancellations and rolled bookings at many origin ports. There are over 20 container vessels currently waiting to berth in Southern California. In developing news, the BNSF is reporting rail car shortages which could quickly develop into lengthy rail delays for inland destinations.
Read More
Market Letters

CHB Update – Week 51, 2020

Dec 16, 2020
CBP issued guidance earlier this year indicating importers must file protests on certain entries to preserve their right to exclusion refunds. These protests would apply in situations where exclusions were granted after an entry containing eligible products/HTS codes had already liquidated. The DOJ (Department of Justice) recently reaffirmed this guidance. It is extremely important for importers to work with their Customs Broker or Trade Lawyer to ensure they have taken all steps necessary while the protest window is open, as any recourse after it closes will be almost impossible to obtain.
Read More
Market Letters

India Market Update – Week 51, 2020

Dec 16, 2020
Improved market conditions appear to be benefiting ocean carriers trying to recover from earlier setbacks from earlier COVID-19 shutdowns. However, they are facing difficulty positioning equipment to the right locations to meet the dramatic swings in demand. Ocean carriers active in most trades out of India are increasingly reporting “stockouts” for empty containers amid slowing import flow and heightened export demand. As a result, shippers are beginning to see more emergency surcharges on top of the already high spot rates on key routings especially for US-bound cargo.
Read More