Market Advisory
Must-See Information
The supply chain management and logistics industries move quickly. Our team provides time-sensitive and urgent information about conditions affecting markets around the world. Read more by clicking on one of the stories below.
Supply Chain Impacts of Russia’s War on Ukraine
Russia's unprovoked aggression in Ukraine is a humanitarian catastrophe. The loss of life and scale of displacement have not been seen in Europe since World War II. Well over a million people have left their homes, countless more have been killed or wounded and...
AirCargo 2022 Recap from Jennifer Coulter-Lissman
This Market Advisory comes directly from TOC Logistics' Vice President, Jennifer Coulter-Lissman, who attended the 2022 AirCargo Conference. Below, she shares her thoughts about the panel she participated on. This month, I attended the AirCargo Conference, an annual...
News from Around the World
While our attention at home is focused on the effects a highly contagious COVID-19 variant is having on every type of work force, including manufacturing and logistics, it is important to continue to look outward and elsewhere for major events impacting key countries...
China’s Power Play
The past several days, stories have appeared in the news about China's crackdown on power usage by factories in several provinces. We have seen these stories and, in turn, been asked by our customers whether or not their shipments will be impacted. Further, because...
Current Warehouse Congestion and Delays
Delays are increasing as warehouse space pinches shut on the US West Coast due to record imports arriving each day. Those containers need to be unloaded and carried inland to reach distribution centers, but the lack of carriers, chassis, and truckers has forced cargo...
Container Embargo On USWC To The Chicago Global IV Terminal In Chicago Starts This Weekend
UP has announced a container embargo on USWC to the Chicago Global IV terminal in Chicago starting Sunday, July 18th, for up to a week to alleviate the backlog of containers waiting at the terminal. Experts predict this will exacerbate the massive bottleneck of...
USMCA’s First Anniversary Brings Two Federal Register Notices From CBP Covering Origin And Preference Issues
NAFTA’s successor, the USMCA, was ratified and began on July 1st of last year as the world grappled with the rising COVID-19 pandemic. One year later, as the shockwaves are still being felt in the automotive and semiconductor industries, CBP has published two of three...
ICAO Deadline and Change in Screening Requirements
any changes that impact costs or transit times On July 1st, the TSA will require that air cargo on all-cargo aircraft be screened in an identical manner as cargo traveling on passenger planes. Airlines, ground handlers, and forwarders are working furiously to plan, in...
Best Practices: Paying Customs Duties Directly And Electronically
The sharp increase in freight rates and imposition of trade remedy duties over the past several years has meant additional out-of-pocket costs for shippers. Previously, TOC’s policy was based on a financial review, after which we would extend credit for things like...
ONE Apus And Insurance
After more than four months, the ONE Apus finally arrived and departed the Port of Long Beach. Caught in a storm on November 30, 2020, approximately 1600 nautical miles northwest of Hawaii, the ship lost more than 1800 containers overboard and diverted to Kobe, Japan,...