Effective July 1, 2014 changes were made to the 2014 Harmonized Tariff Schedule of the United States (HTSUS). These changes include 93 additions, deletions and modifications to the previous edition. To learn more about these changes ontact us directly for more information.
Maersk, MSC enter a 10-year VSA
A.P. Møller-Mærsk A/S and MSC Mediterranean Shipping Co. have clinched a 10-year deal to share vessels on some of the world’s busiest trade routes, just weeks after Chinese regulators scuttled a wider alliance between the two carriers and France’s CMA CGM SA.
The aim of the new pact, which the partners are calling 2M, is to capture at least some of the cost savings that Mærsk had hoped to get out of the three-way logistics and ship-sharing tie-up, known as the P3 alliance.
Labor Talks at U.S. West Coast Ports Set to Resume Aug. 4
Labor negotiations at 29 ports along the U.S. West Coast will resume next week to head off a strike or lockout that could cost the U.S. economy more than $2 billion a day. Both sides describe talks as “productive.”