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March 2019 Newsletter

A monthly roundup of our Industry Updates, Blogs and Market Information

2019 Japan Golden Week 

Japan Golden Week is traditionally a collection of four national holidays within seven days. This year, Emperor Akihito, 84, is set to abdicate the throne on April 30, and the Emperor’s elder son, Crown Prince Naruhito, 58, is scheduled to accede to the throne the following day. This unprecedented event will create a rare 10-day Golden Week holiday period in Japan which will extend from Saturday, April 27 and run through Monday, May 6

It is possible this extended holiday period may affect shipments with Japan routing. At this time, we are seeing some overbooking for export shipments routed via the Port of Tacoma/Seattle. As a result, some Japan export shipments may be routed via the Port of Long Beach.

If you have questions or concerns regarding the movement of your freight during this period, our customer service team is available to assist. As always, we will monitor the situation and provide any updates as needed. 

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Union Pacific Issues Updated Free Time Schedule

We appreciate your business and continually strive to keep you updated with relevant news. We have been notified that effective April 1st, 2019, the Union Pacific will release some changes to their Storage/Free Time Rules. These revisions are not drastic, but should be noted. 

The two significant items to highlight are as follows:

  • The UP will standardize all international ramps with the same rules. Previously there were different guidelines per ramp. 
  • Sunday will no longer be considered exempt from storage charges.

Aside from the above mentioned updates, we would  like to point out that the Union Pacific did not change their charges or other free time standards. For all international shipments, each container will have 48 hours free time after the day of notification. If notification occurs late in the day (after 17:00), the following day is then considered the day of notification. Their charges remain at $100 per day for days 1-5 (after 48 hours free time) and $200 per day thereafter. 

031119 UP Fee Schedule

Should you have any questions or concerns regarding this announcement or your shipments do not hesitate to contact our customer service team. 

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 USTR Announces List 3 Tariffs will Remain at 10%

On March 5th the USTR published a notice stating "The rate of additional duty for the products covered by the September 2018 action will remain at 10 percent until further notice." The entire notice can be viewed HERE

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India and Turkey Lose GSP Designation

U.S. Trade Representative Robert Lighthizer announced March 3rd that the US intends to terminate India and Turkey's Generalized System of Preferences (GSP) status. The change in status will not go into effect until 60 days after notification and issuance of a Presidential Proclamation. The following is an excerpt from the March 3rd USTR statement: 

Under the United States GSP program, certain products can enter the United States duty-free if beneficiary developing countries meet the eligibility criteria established by Congress.  GSP criteria include, among others, respecting arbitral awards in favor of United States citizens or corporations, combating child labor, respecting internationally recognized worker rights, providing adequate and effective intellectual property protection, and providing the United States with equitable and reasonable market access.  Countries can also be graduated from the GSP program depending on factors related to economic development.

India

The United States launched an eligibility review of India’s compliance with the GSP market access criterion in April 2018.  India has implemented a wide array of trade barriers that create serious negative effects on United States commerce.  Despite intensive engagement, India has failed to take the necessary steps to meet the GSP criterion. 

Turkey

The United States designated Turkey as a GSP beneficiary developing country in 1975.  An increase in Gross National Income (GNI) per capita, declining poverty rates, and export diversification, by trading partner and by sector, are evidence of Turkey’s higher level of economic development.   

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Announcing our New Asia to Chicago LCL Consolidation Service

Smart Logistics Solutions start with Vantec Hitachi Transport System (USA), Inc. We invite you to discover the benefits of reliable weekly service, quicker transit times and less third party handling with our ocean consolidated LCL service from Asia to Chicago and the US Midwest.

LCL Consol ex Asia to ORD map with LAHow is our service different?
We eliminate west coast and inland port handling. Your cargo moves in-bond to our CFS warehouse in Chicago where it is broken down and delivered to your door.  

Interested in learning more? Contact Us

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March 2019 Newsletter

A monthly roundup of our Industry Updates, Blogs and Market Information

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February 2019 Newsletter

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