Market Advisory
Must-See Information
The supply chain management and logistics industries move quickly. Our team provides time-sensitive and urgent information about conditions affecting markets around the world. Read more by clicking on one of the stories below.
Hamburg, Germany Closes Terminals, Turns Away Thousands Of Export Containers
NOTE: As we were drafting this message on Monday and Tuesday, the terminals had instituted controls to manage the flow of containers. Now, as of today, Wednesday, December 23rd, bad weather and heavy fog caused Container Terminal Altenwerder (CTA) to stop loading...
Changes In Administrations Bring Changes In Agency, Trade Priorities
With changes in administrations come changes in priorities. The incoming Biden/Harris administration will take office and have a number of trade issues on their hands to deal with from day one. The trade issues and relationships that are priority focus items within...
Global Congestion Concerns
The challenges of space, congestion and handling for shippers moving goods globally are real and multifaceted. Our goal is remaining engaged with our customers and ensuring they’re in possession of the most current information to make informed decisions for their...
Worldwide Container Shortages
Global container shortages plague shippers worldwide as cargo surges into the U.S. from Asia. While we at TOC have been able to mitigate these issues and provide equipment in recent weeks, the problems aren’t short-term hiccups. Despite our strong carrier...
Filing Deadline For Importers Of Goods On Lists 3 And 4 To Protect Rights To Potential Full Refunds Of 301 Duties
A case brought before the Court of International Trade by a vinyl tile supplier has created an opportunity for importers to potentially recover all Section 301 duties paid on goods subject to lists 3 and 4. The suit names the Office of the United States Trade...
Update On Trucking Capacity
Trucking capacity is doing two things right now that every shipper should be aware of and planning for during the balance of 2020. First, capacity is rapidly shrinking. As more and more consumers are homebound and businesses are either shuttering or operating with...
Update on TransPac Rates
Ocean container rates from Asia to the U.S. West Coast have more than doubled since March, topping $3500 in the spot market this week. Ocean rates have been on a meteoric rise because of a perfect storm of global factors centering around the COVID-19 pandemic....
European Partners Update
Our team continues to meet multiple times a day via conference call with our European partners to remain current with the state of the market for air and sea freight capacity and the state of business. Our goals are to relay the most accurate information to our...
CBP To Postpone Duty Payments By 90 Days For Eligible Import Entries
On Sunday, April 19th, the White House issued an Executive Order entitled “Executive Order on National Emergency Authority to Temporarily Extend Deadlines for Certain Estimated Payments.” Following the publishing of this EO, Customs and Border Protection (CBP) issued...
Protectionism at Home and Abroad
As countries are working to contain COVID-19 among their respective populations, a disturbing trend is appearing that is impacting legitimate commerce. In the United States, the President has invoked the Defense Production Act – a law designed to use the power of the...