Ascent Global Logistics Blog
This year, the Chinese New Year (CNY) holiday is starting early and will occur from January 24 through January 30. It’s not surprising that as the world’s number one exporter celebrates its major holiday, shipping delays can be expected, in some cases, even weeks after the holiday ends.
On December 5, 2019, the Commodity Classification Standards Board (CCSB) posted amendments to the National Motor Freight Classification (NMFC) class codes. These amendments will go in effect on January 4, 2020.
Each week, the trade community watches the giant chess match between China and the United States, seeing who will make the next move, who will potentially “win” the match or if the game will end in a draw.
When shipping urgent freight, time is of the essence. When there’s a hiccup in your supply chain, what do you do? Expedited shipping gives your organization a competitive advantage by providing a quick resolution to problems that arise.
The Canadian National Railway and the Teamsters Canada Union (TCRC) are currently engaging in contract negotiations to avoid a potential strike. The TCRC represents roughly 3,000 of Canadian National Railway’s conductors, train persons and yard persons.
If you are one of the many shoppers looking for deals this holiday season, prices may be higher than expected due to new tariffs on imported goods. These tariffs are likely to impact both import shipping volumes and prices of goods throughout this holiday season.
The Commodity Classification Standards Board (CCSB) has posted proposed amendments to the National Motor Freight Classification (NMFC). These amendments will be published, pending reconsideration, on December 5, 2019 and are expected to go in effect on January 4, 2020.
Trading globally involves risks, but having international cargo insurance is one of the best ways to offer peace of mind to both the buyer and the seller. Ascent Global Logistics wants your shipments to be monetarily safeguarded against physical loss or damage while in transit.
The International Chamber of Commerce (ICC) has recently published its new version of Incoterms 2020. The Incoterms rules help individuals and companies that participate in the daily import and export of global trade.