Container Service Delays
C J Clients are no doubt already aware of the significant service delays being experienced all over the world.
This article published by American Shipper magazine cites a recent study by Sea-Intelligence, calling the current situation “the worst global score recorded since…2011.” The article goes on to say that delays are not only becoming more frequent, but also getting longer.
C J’s agents in China have advised us to [...]
GSP Due to Expire on December 31, 2020
The Generalized System of Preferences (GSP), which provides duty-free treatment to goods of designated countries, will expire on December 31, 2020. If not renewed by that date, goods eligible for GSP will be subject to tariffs effective January 1, 2021. GSP has expired several times in the last decade and each time, Congress has made the renewal retroactive. In a letter to Congress dated December 1, 2020, many U.S. importers are urging Congre [...]Read More