Shippers on the Hook for Huge Bill to Refloat the Ever Given
The vessel’s owner, Shoe Kisen, declared General Average last week, ensuring the Ever Given’s cargo owners will pay an amount of the costs associated with rescuing the vessel before their […]
USMCA – Are You Ready?
Are you ready for USMCA? The new trade agreement goes into effect on July 1, 2020. In our effort to keep you informed, the below is a snapshot of its […]
GLOBAL SUPPLY CHAIN UPDATE – An Overview of the Domestic and International Scene
We are in the midst of an unprecedented global crisis. There is an information overload as experts share opinions, statistics, and projections about COVID-19’s effect on the economy. It is […]
NEW 90-Day Duty Deferral Program
The importing trade community has spent considerable time and effort over the last several weeks in soliciting the Administration to postpone or delay duty payments in light of the current […]
STEAMSHIP LINE STORAGE OFFERINGS – Advantages and disadvantages
As the COVID-19 pandemic rages on, experts anticipate that the shipping industry could see a loss of $25-$30 billion this year. These losses would need to be at least partially […]
Planning vs. Forecasting – Keys to Maintaining Supply Chain Flow
The Covid-19 pandemic continues to wreak havoc on the logistics industry, with experts estimating a 30% decline in the global shipping market through May. Supply chains are crawling. Numerous steamship […]
Global Container Movement – Variables and Projections
The global shipping community is in the midst of an unprecedented state of flux. While new information on the Covid-19 pandemic emerges daily, the supply chain continues to experience uncertainty […]
CARGO INSURANCE – Your defense against unexpected and costly circumstances
Cargo insurance is one component of the supply chain that is often misunderstood. Many companies rely on coverage that is provided by the supplier or carrier and naively assume they […]
Force Majeure May Be Invoked on Cargo
Rumors are circulating in the global shipping community about the invocation of force majeure. Although it is rarely used, force majeure can cause serious disruption in the supply chain. Worse […]
Returned Goods
As you know, with the rapidly evolving steps being taken to curb the spread of COVID19, the current global climate is in a constant state of flux. At TLR, we […]
