Ascent Global Logistics Blog

March 9, 2020

Coronavirus Update

New developments continue surrounding the coronavirus (COVID-19) outbreak. Below are the critical things you should know:

February 26, 2020

Weekly Trade Update

Over the last week, many events in international trade and the global supply chain have occurred. Below is a recap of the critical things you should know:

February 19, 2020

Coronavirus Outbreak Continues to Cause Global Supply Chain Disruptions

The coronavirus outbreak continues to cause disruptions to the global supply chain. The ocean carriers are continuing to void sailings or cancel port calls to reduce space, trying to deal with a lack of China base port cargo.

February 18, 2020

Refrigerated Cargo Diverted From Chinese Ports

As the coronavirus outbreak worsens, global supply chains have begun to suffer the effects of the fallout. Due to the delays in inland truck transport caused by coronavirus restrictions, many refrigerated containers (reefers) filled with perishables for the Chinese population are unable to connect to power via reefer plugs at terminals while waiting to be picked up by a truck.

February 17, 2020

The 411 on General Rate Increase (GRI) Season for LTL Shippers

General Rate Increase (GRI) Season is officially here and is top of mind for most Less-than-Truckload (LTL) shippers. The GRI season occurs on an annual basis and is when Less-than-Truckload carriers commonly increase rates.

February 5, 2020

Update: Coronavirus Impact

Today, February 5, 2020, it was announced that all trucks and warehouses in Shanghai and Ningbo, China are not allowed to run from today through February 9, 2020, according to the government.

January 30, 2020

Chinese Government Further Extends Chinese New Year Holiday Amidst Coronavirus Impact

As previously reported, the Chinese government announced the extension of the Chinese New Year Holiday until February 3, 2020, in hopes of containing the outbreak of the coronavirus.

January 17, 2020

Tariffs on Section 301 List 4A Goods to Lower on February 14, 2020

On January 16, 2020, the United States Trade Representative (USTR) announced the reduction of the additional tariff on Section 301 List 4A goods from 15 percent to 7.5 percent, beginning at 12:01 AM on February 14, 2020.

January 16, 2020

USMCA Passed; Phase One Trade Agreement Signed

Phase One Trade Agreement Signed

In a historic moment, a Phase One Trade Agreement was signed on January 15, 2020, between China and the United States, shining a positive light on the ongoing trade war between the two economic powerhouses.

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