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News / 2021

RETAIL IMPORTS REMAIN STRONG BUT GROWTH SLOWS AS COVID-19 DISRUPTIONS CONTINUE

Source:  National Retail Federation Press Release – October 7, 2021

Imports at the nation’s largest retail container ports should remain at near-record levels this month but could see a slight dip from last year’s unusually high numbers as congestion slows the movement of backed-up cargo, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

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USTR REQUESTS COMMENTS ON REINSTATING CERTAIN CHINA SECTION 301 EXCLUSIONS

The USTR has announced that it is inviting public comments on whether to reinstate any of the 549 China Section 301 product exclusions that had previously been extended but are now expired. This represents only a small portion of the original 2,200 total product exclusions previously approved by the USTR which were allowed to expire without extension.

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VIETNAM – SECTION 301 INVESTIGATION – TIMBER DETERMINATION

On Friday, October 1, 2021, the United States Trade Representative (USTR) office announced an agreement to resolve the Timber Section 301 Investigation. The agreement secures commitments that will help keep illegally harvested or traded timber out of the supply chain and protect the environment and natural resources.

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EGYPT IMPLEMENTS NEW ADVANCE CARGO INFORMATION DECLARATION FOR IMPORTERS

Effective October 1, 2021, Egypt has implemented a new Advance Cargo Information Declaration (ACID). Shipments departing origin after October 1, 2021, without an ACID number will be rejected and returned to origin. 

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SEPTEMBER LOGISTICS LINK

During the month of September, 2021, Noatum Logistics was involved in a number of events throughout the logistics industry.  Read about industry updates, regulatory updates and announcements in the September 2021 Logistics Link.

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LATEST SUPPLY CHAIN THREAT: FACTORIES ACROSS CHINA ORDERED TO CONSERVE ELECTRICITY OR SHUT DOWN

The China Government has implemented very strict electricity usage control which seriously impacts the production of many factories in China. Power rationing and forced cuts to factory production in China are widening amid electricity supply issues and a push to enforce environmental regulations. The curbs have expanded to more than 10 provinces, including economic powerhouses Jiangsu, Zhejiang and Guangdong.

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COVID-19 CASES IN SOUTHEAST CHINA MORE THAN DOUBLE AS DELTA SPREADS

New local COVID-19 infections more than doubled in China’s southeastern province of Fujian, health authorities said on Tuesday, prompting officials to quickly roll out measures including travel restrictions to halt the spread of the virus.

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TROPICAL STORM NICHOLAS PROMPTS PORT OF HOUSTON RESTRICTIONS

Due to the expected weather impact from tropical storm Nicholas, various terminals within Port Houston will be closing early.

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RETAIL IMPORTS REMAIN STRONG BUT GROWTH SLOWS AS COVID-19 DISRUPTIONS CONTINUE

Source:  National Retail Federation Press Release – September 9, 2021

Double-digit growth in imports at the nation’s largest retail container ports is slipping to single digits as pandemic-related supply chain disruptions around the world continue, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

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AUGUST LOGISTICS LINK

During the month of August, 2021, Noatum Logistics was involved in a number of events throughout the logistics industry.  Read about industry updates, regulatory updates and announcements in the August 2021 Logistics Link.

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