Industry Insights

Fraudulent Copper Shipments from China

Please be advised that we are currently working on two claims involving fraudulent shipments of copper scrap imported from China. The containers in question were loaded with bricks instead of copper scrap. These are not isolated incidents as we have been advised by a Lloyd’s surveyor in China that there is a current scam operation […]

Industry Insights

More Than 70 Companies Declare Force Majeure on West Coast

More Than 70 Companies Declare Force Majeure on West Coast More than 70 trucking companies have sent letters to the Intermodal Association of North America and steamship lines declaring force majeure—that they won’t be able to fulfill contracts because of unforeseen circumstances, according to news from the Harbor Trucking Association reported by American Shipper. Truckers […]

Industry Insights

NEWS ALERT: PMA to Suspend Vessel Operations Again at West Coast Port Terminals

The Pacific Maritime Association (PMA) announced today that vessel operations will be suspended at U.S. West Coast ports. The seaports, which handle some $1 trillion in trade per year, will close on Thursday, 2/12; Saturday, 2/14; Sunday, 2/15; and Monday, 2/16. However, yard, gate and rail operations will continue at terminal operators’ discretion. According to […]

Industry Insights

3 Potential Consequences of Port Disruptions

As west coast port disruption continues due to the International Longshoreman and Warehouse Union labor dispute with the Pacific Maritime Association, shippers pay the price, and international transportation intermediaries need to be aware of potential liability exposures. These types of disruptions wreak havoc within the supply chain and the following consequences should be considered. 1. […]

Industry Insights

CBP Releases eBond Statistics

As of 2/5/2015, CBP reported 1,188 activity code 1 electronic Single Transaction Bonds (“eSTBs”) accepted in ACE. Of those bonds, there have been seven bond/entry matches in the system and 360 bonds have been voided. That leaves 821 eSTBs that possibly should have been paper. There are only two entry methods for which eSTBs are allowed, […]

eBond, Industry Insights

PMA Announces Temporary Suspension of West Coast Terminals, Impact on Exporter & Importers

PMA Announces Temporary Suspension of West Coast Terminals, Impact on Exporter & Importers   On Wednesday, we issued a news alert sent by Peter Friedman of FBB Relations of a projected lockout on the West Coast. Today, the Pacific Maritime Association (PMA) announced its member terminals would be halting all vessel loading and unloading operations […]

Industry Insights, Uncategorized

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