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Week 49 Freight Updates

December 8th, 2021

Tariffs, fees, and record-breaking cargo volumes are the highlights of this week’s roundup.

In the face of inflationary pressures, the US Treasury is considering lowering tariffs the Trump administration placed on goods imported from China. December 2020 saw the expiration of exclusions previously in place, replaced with new tariff exclusions under Phase 1 of a trade deal signed with China in early 2020. However, the deadline of Phase 1 looms on Dec. 31, and China is nowhere near fulfilling its agreement to purchase $200 billion more in goods and services throughout 2020 and 2021.

As of October, they’ve only reached 62% of the target. While part of the blame can be placed on the pandemic, many feel the target was unattainable, regardless.

Amid those issues. JOC.com reports that APM Terminals will begin levying fees against harbor truckers beginning Jan. 1 at the Los Angeles, Pier 400 facility.

The Harbor Trucking Association shared that these fees would be:

  • $65 for missing an appointment
  • $25 for canceling an appointment within 2 to 8 hours prior
  • $25 for booking same-day appointments
  • $100 for a gate move without an appointment

Drayage operators are taking the stance that this will punish truckers for circumstances outside their control.

Meanwhile, port operators along the west coast are planning to take control of circumstances at their terminals by instituting their own penalties, hoping to compel truckers to move boxes out quicker. At ports in Los Angeles and Long Beach, these fees could include $100 per container, plus another $100 for each day after sitting nine days on the dock if being picked up by a truck, or six days by rail.

To learn more about this week’s top international shipping industry news, check out the following article highlights:

Yellen says cutting some tariffs on Chinese goods could ease price pressures

Yellen says cutting some tariffs on Chinese goods could ease price pressures

WASHINGTON, Dec 2 (Reuters) – U.S. Treasury Secretary Janet Yellen said on Thursday that lowering Trump-era tariffs on imported goods from China through a revived exclusion process could help ease some inflationary pressures, but would be no “game-changer.”

Relief from China tariffs unlikely as phase 1 deadline looms

Relief from China tariffs unlikely as phase 1 deadline looms

When it comes to relief from Section 301 China tariffs, analysts and economists don’t expect a Christmas miracle for U.S.-based importers.

APM Terminals Los Angeles to levy missed appointment fees from January

APM Terminals Los Angeles to levy missed appointment fees from January

APM Terminals is set to implement a new set of appointment-related fees on harbor truckers in Southern California from Jan. 1 at its Pier 400 facility in Los Angeles.

Congested US ports try 'carrots' and 'sticks' to ease problem of stranded boxes

Congested US ports try 'carrots' and 'sticks' to ease problem of stranded boxes

Ports and operators on the US west coast are torn between using ‘a carrot and a stick’ to unclog congested cargo terminals.

October Becomes the Largest Month on Record for Total Volume at the Port of NY and NJ

October Becomes the Largest Month on Record for Total Volume at the Port of NY and NJ

The 16-month surge of cargo volume at the Port of New York and New Jersey reached an all-time high in October. A record-breaking 796,704 TEUs (440,514 lifts) were recorded in October, a 5.5 percent increase over the 755,437 TEUs (419,744 lifts) posted in October 2020. This increase crowns October as the month for the largest volume ever recorded at the port and brings the year-to-date total through October to 7,455,786 TEUs (4,134,601 lifts). The port is on track to significantly outpace its total cargo volume from 2020.

2021-12-07T17:52:57+00:00December 8th, 2021|Shipping News|
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