Now that winter is almost over, demand for seasonal products such as flowers, plants and produce continues to grow. Shippers who transport goods from the Southern United States to the Midwestern and Northeastern United States will want to make sure their seasonal shipping knowledge continues to blossom.
The office of the United States Trade Representative (USTR) recently issued a notice, officially "postponing" the tariff rate increase "until further notice." S301 List 3 tariffs will remain at 10 percent instead of increasing to 25 percent. The delayed increase is due to progress in US and China trade negotiations.
Last week, US Customs and Border Protection (CBP) Commissioner Kevin McAleenan announced that CBP will reassign up to 750 officers from ports of entry along the US-Mexico border. These officers will assist US Border Patrol with processing an increased number of migrant crossings.
Ascent Global Logistics’ heavy haul team, Ascent Specialized, was recently recognized by the Specialized Carriers and Rigging Association (SC&RA) as an industry leader. Our heavy haul team member, Travis Lewellyn, was selected as one of fifteen up-and-coming global leaders that were invited to attend the 2019 Leadership Forum. This event was held in conjunction with the Specialized Transportation Symposium in Houston, Texas.
On February 26, 2019, Walmart revealed changes to their On-Time In Full (OTIF) requirements to suppliers at the Walmart Supplier Summit. Our Retail Consolidation team at Prime Distribution Services, An Ascent Global Logistics Company, would like to share details of Walmart’s new OTIF update highlighted during this year’s Walmart Supplier Summit.
Over the weekend, the US Administration announced that it would postpone increasing S301 List 3 tariffs. The United States and Chinese President Xi Jinping plan to meet to reach a final trade agreement.
Over the last several months, there have been a number of key updates to S232 Tariffs and S301 Tariffs Lists 1-3. In addition, the United States and China continue to hold trade talks. Last week in Beijing, key officials from the United States and China outlined a “10-item list of ways China can reduce its trade surplus with the US."
Congress has requested that the office of the United States Trade Representative (USTR) create the formal exclusion process for products outlined under the S301 List 3 tariffs. These tariffs for $200 billion worth of imports from China are scheduled to increase from 10 percent to 25 percent on March 2, 2019.
Now that 2019 is underway and our clients are actively planning for the rest of the year, industry experts predict that demand for industrial technology and manufacturing will continue to grow. Therefore, now is the time for manufacturers of industrial goods to make sure they have complete visibility and control over all aspects of their supply chains. Companies will need a partner to provide them with the right mixture of technology and personalized service through all aspects of their logistics needs.