Ports suffering from communications gap with U.S. Customs

“A gap in communication between U.S. Customs and Border Protection and the ports has left the ports blind to the arrival of nonscheduled charters, American Shipper has learned. This lack of data sharing not only is adding to the massive congestion in San Pedro Bay but the port’s ability to plan for container processing.”

[American Shipper]

EU poised to pull China’s GSP trade privileges

“Some other economists said Chinese apparel makers and low-end electronic producers would be hit most by the changes, as well as by the country’s recent power crunch and new measures that suppress energy-intensive sectors. They predicted that once the epidemic situation improved in South and Southeast Asia, more production lines would move out of China to its neighbors including Vietnam and Bangladesh.”

[Asia Times]

World's biggest trade deal to take effect Jan. 1

“Once RCEP takes effect, participants will immediately either scrap or lower tariffs on a wide range of items from where they were in 2014, when negotiations began. Overall, the pact will eventually eliminate tariffs on 91% of all industrial goods within the framework. The CPTPP eliminates 99.9% of tariffs.”

[Nikkei Asia]

Tacoma marine terminals impose $300 surcharge on container overstays

“The measures differ in notable ways from those that went into effect in Southern California this week: They are being established by private terminal operators, not the port authorities; they are one-time fees that don’t escalate over time; and they are assessed against importers, not ocean carriers.”


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