Regulation & Policy

Regulation & Policy

The global regulatory environment surrounding international trade has never been more difficult — and risky — to manage. From international trade law to customs regulations, trade compliance has risen to the top of the priority list among global importers and exporters. In the age of free trade agreements that link different customs and cultures, the challenges will only mount in the years ahead.

News & Analysis

18 Oct 2019
Downward rate pressure caused by overcapacity and the wide range of fuel surcharge levels carriers are presenting to cargo owners suggests that fuel cost will become a competitive battleground in the aftermath of IMO 2020.
17 Oct 2019
Peter Tirschwell, vice president, Maritime & Trade, IHS Markit discusses the International Maritime Organization's mandates for carbon emission reduction by 2050 and the most likely paths to reaching that goal.
16 Oct 2019
Importers seeking relief amid the ongoing US-China trade war could consider re-classifying their products or seeking tariff exclusions, but the process can be costly and time-consuming.
15 Oct 2019
Shippers are being urged to plan carefully for 2020, as signs begin to indicate the US truck market may swing again next year.
14 Oct 2019
While the “phase one” trade agreement reduces tensions between the US and China, the two sides are nowhere near reaching a more comprehensive deal at this time, a US-China business expert says.
11 Oct 2019
Port Tampa Bay President and CEO Paul Anderson on the geopolitical factors at play in the looming deadline for the Intern
08 Oct 2019
In his keynote address at the JOC TPM Asia Conference in Shenzhen, Cosco's Wang Haimin said US tariffs are accelerating the shift of production of furniture, tires, machinery, and footwear from China to Southeast Asia.
07 Oct 2019
The US Surface Transportation Board is urging railroads to work closely with shippers to address concerns about demurrage practices.
01 Oct 2019
The creation of a coalition — supported by more than 70 public and private organizations including Maersk, Royal Dutch Shell, and Lloyd’s Register — to drive commercial efforts to decarbonize international shipping is the latest example of an industry beginning to grasp the Herculean tests that lie ahead
30 Sep 2019
The Chittagong Customs House has suspended the license of Continental Traders, the local agent of COSCO Shipping, a move that could cause significant disruptions to the Chinese state-run container carrier’s operations in Bangladesh.
26 Sep 2019
E-commerce giant Amazon has purchased Los Angeles-based startup INLT, cloud-based software-as-a-service (SaaS) global trade management (GTM) provider for US importers.
24 Sep 2019
Trucking is experiencing slow growth, not a collapse, ATA Chief Economist Bob Costello says, with retail sales and contract business sustaining demand.
24 Sep 2019
The retail and restaurant businesses are growing and generating freight, but they’re being reshaped in ways that will challenge their transportation partners.
23 Sep 2019
Key feeders into the US trucking industry such as manufacturing, petrochemicals, construction, and autos are struggling to match the robust activity of last year, but that doesn't mean a recession is around the corner.
23 Sep 2019
US Customs and Border Protection’s 90-day suspension of the carrier’s trusted trade status ended Sept. 16, but not before damaging Mediterranean Shipping Co's brand and spurring some multinational cargo owners to hold off on booking.
23 Sep 2019
The newly formed Getting to Zero Coalition, comprising members of the maritime, energy, infrastructure, and financial sectors, will lead commercial efforts to meet the International Maritime Organization’s goal of halving carbon emissions from shipping by 2050.
18 Sep 2019
John Butler, CEO and president of the World Shipping Council, said a number of studies suggest mandatory slow-steaming — one of many proposals the International Maritime Organization is considering — would force carriers to deploy more ships in order to keep service commitments.
17 Sep 2019
Olaf Merk of the Organization for Economic Co-operation and Development said a ruling by the European Commission’s college of commissioners was expected by the end of September.
16 Sep 2019
The US Department of Agriculture has approved nine new locations for its longstanding in-transit cold treatment program in the southern and western parts of the country.
06 Sep 2019
The Federal Maritime Commission agreed to the recommendations stemming from a year-and-half effort led by Commissioner Rebecca Dye to address complaints from cargo owners and drayage drivers over what they considered unfair fees for failing to pick up cargo and return equipment in a timely manner.
05 Sep 2019
The California state legislature is on track to pass a bill, which the governor intends to sign into law, that could fundamentally alter the relationship between shippers, trucking companies, and port truck drivers. It's expected to be signed before an intermodal conference this month in Long Beach.
Trans-Pacific westbound spot rate plunge set to deepen
22 Aug 2019
Spot rates in the westbound Pacific took a sizable drop this month due to declining US exports to Asia, which are resulting in especially low vessel utilization rates. The normal strong rebound, which should begin in November, could be muted as a result.
20 Aug 2019
The inefficiencies inherent in the Mexican customs process could be reduced through reforms, including a more standardized interpretation of customs laws, stakeholders say.
20 Aug 2019
One of the few positive indicators in trucking is the ATA Tonnage Index, which rose 7.3 percent in July year over year -- a signal that some don’t believe the industry is in turmoil.
19 Aug 2019
A new agreement between the US and Canada will allow the two countries to fully clear cargo before railroads and trucks reach landside ports of entry, reducing congestion and freeing up customs officials.
19 Aug 2019
Proposed hours-of-service reforms -- though well-intentioned -- are a “catastrophe waiting to happen” for the US trucking sector, according to one interested observer.
19 Aug 2019
Carrier market share in the trans-Pacific is not expected to change much in the next few months, in part because carriers will manage capacity by blanking individual sailings and deploying extra-loader vessels to handle import surges.
15 Aug 2019
Container carriers have already begun voluntarily reducing their carbon footprints, but shippers need to be prepared for the disruptive — and expensive — changes that must take place for the wider industry to reach IMO-mandated emissions reduction targets.
14 Aug 2019
The containerized shipping industry was able to convince the US Trade Representative to take cranes and containers off a list of tariffs going into effect on Sept. 1 and Dec. 15.
14 Aug 2019
The Federal Motor Carrier Safety Administration has proposed updates to the hours-of-service regulations covering the trucking industry to increase flexibility and safety on US highways.
06 Aug 2019
A new free trade zone created in the metropolitan area of Montreal will make it easier for manufacturers, producers, and wholesalers to make and store goods without paying taxes or excise duties on products that will eventually leave the country.
06 Aug 2019
Trucking companies are warning shippers that a regulation requiring fleets to switch from automatic on-board recording devices to electronic-logging devices in December could slow productivity more than some realize.
02 Aug 2019
Terminal operators at Mexican ports say they need to work more closely with rails and truckers, and have better coordination with cargo owners to reduce shipping delays.
01 Aug 2019
The head of the Mexican agency overseeing the country’s port system said it should be made more efficient and less expensive for shippers, reflecting shipper concerns the system is burdensome and unpredictable.
30 Jul 2019
Insufficient technological bandwidth and legacy ships may stall implementation of all-electric and hybrid vessel designs, despite showing significant potential to reduce greenhouse gas (GHG) emissions in an effort to meet International Maritime Organization (IMO) 2050 goals.
30 Jul 2019
Morten Moller Weisdal, a managing director at Mediterrean Shipping Co., said Tuesday the need to improve sustainability in container shipping is “the single-greatest challenge of our lifetime.” Shippers, he noted, “bear a huge responsibility.”