Source: National Retail Federation Press Release – February 8, 2021
Following a record year during 2020, imports at the nation’s largest retail container ports are expected to set new monthly records from now into the summer as the nation’s economy continues to recover from the pandemic, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.
During the month of January, 2021, Noatum Logistics was involved in a number of events throughout the logistics industry. Read about industry updates, regulatory updates and announcements in the January 2021 Logistics Link.
Noatum Logistics has received notifications from two of our core ocean carriers, one within THE Alliance and the other a partner in the Ocean Alliance, announcing 28 voided sailings between February 5 and February 26. A full table of all blank sailings announced as of this week is provided at the bottom of the alert.
On Friday, January 22, 2021, The United States Trade Representative (USTR) office issued in Federal Register Notice 86 No 13 FR 6732 the notice of determination related to the Section 301 investigation into Vietnam’s Currency Valuation practices.
On Friday, January 22, 2021, U.S. Customs and Border Protection issued Cargo System Messaging Service (CSMS) # 45799085 delaying the Aluminum Import License requirement until March 29, 2021. This delay announcement is in response to the “Regulatory Freeze” issued by the White House Chief of Staff on January 20, 2021.
U.S. containerized imports from Asia in December were up 29.9% year over year with December marking the third highest monthly volume figure in 2020 behind October and August.
On January 13, 2020, U.S. Customs and Border Protection (CBP) announced in a press release that a region-wide Withhold Release Order (WRO) for cotton and tomato products made by slave labor in Xinjiang would go into effect immediately.
The ongoing import surge continues to cause bottlenecks throughout the supply chain. For the week ending January 8, there were 35 vessels at anchor awaiting berths at Los Angeles/Long Beach.
The United States Trade Representative (USTR) office issued multiple Federal Register notices on January 12, 2021, addressing the Digital Service Tax (DST) decisions for France, India, Italy, and Turkey.
Source: National Retail Federation Press Release – January 8, 2021
Imports seen during 2020 appear to be headed toward a new record despite the coronavirus pandemic, and remain at high levels as 2021 begins, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.
