Insights

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World Compliance Organization
Laufer Group International CHB Market Alert – 2022 HTS Changes – Week 4, 2021

In order to keep current with technology advancements and global issues, the World Customs Organization (WCO) has issued 351 sets of amendments to the Harmonized Tariff Schedule. As a result, many 10-digit HTSUS product codes have been updated or changed. In the United States, these changes will take effect on January 27th, 2022. 

Jan 25, 2022

Cargo ship carrying containers
Transpacific Eastbound Market Update – Week 1, 2022

Market Conditions – We would love to start the new year providing some short-term optimism, however it’s unfortunately not possible as market challenges continue to mount as Chinese New Year nears. The abundance of PSW sub-trade blank sailings coupled with some ocean carriers limiting local Southern California cargo is creating…

Jan 06, 2022

port of long beach
Transpacific Eastbound Market Update – Week 50, 2021

The Chinese New Year freight rush is well underway. With approximately 25% of Transpacific weekly capacity removed from circulation due to port congestion, importers can’t turn the page fast enough on the 2021 shipping season. We have seen rail congestion ease significantly over the last few weeks with dwell times…

Dec 16, 2021

Market Letters

Transpacific Eastbound Market Update – Week 47, 2021

Nov 24, 2021
As expected, capacity is tightening again on all lanes due to the onslaught of blank sailings announced in the market through the end of the year. We are beginning to see new booking acceptance pushed on average well into mid-December. Reports are circulating that ocean carriers will start releasing additional USIPI capacity as rail congestion eases and local port congestion in Southern California continues to suffer with delays.
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Market Letters

11.15.21: Urgent Ocean Market Updates – CONTAINER DWELL FEE POSTPONED UNTIL NOV. 22 / LA-LB PierPass DOUBLES FEE

Nov 15, 2021
In their most recent press release, The Port of Long Beach and Port of Los Angeles announced today that they will delay consideration of the “Container Dwell Fee” directed at ocean carriers until Nov. 22.
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Market Letters

Transpacific Eastbound Market Update – Week 44, 2021

Nov 04, 2021
Market Conditions – Capacity became easier to secure following Golden Week - unless you were trying to import from India to the West Coast, any origin in Asia requiring transshipment or any destination other than Southern California and a couple of East Coast ports. The Gulf Coast and inland rail destinations are still difficult to secure and continue to require extremely high premium rate levels.
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