FMCSA Proposes Interstate Haul Program for Commercial Drivers Under 21
The Federal Motor Carrier Safety Administration (FMCSA) has announced its efforts to create a pilot program allowing commercial drivers aged 18-20 to drive big rigs on the interstate. This program is similar to one that exists for commercial drivers under 21 who have served in the military. Learn more about the initiative here.
Houston Ship Channel Could Reopen This Week Following Toxic Spill
On May 10, a crash involving a 755-foot oil tanker and a tugboat towing two barges caused a spill of approximately 11,280 barrels of gasoline. In the wake of this incident, travel through the channel has been restricted and dozens of ships have been waiting to enter and exit the waterway. Read more here.
Beijing Rumored to Increase Tariffs on $60 Billion in American Goods
Following the May 10 increase of S301 tariffs, the trade dispute between the U.S. and China continues. On May 13, China’s Finance Ministry made the announcement that it would raise tariffs on a plethora of American goods from ten percent to between 20-25 percent. Read more here.
Administration Expected to Delay Auto Tariffs by Six Months
The U.S. administration is expected to delay auto tariffs on European imports by as much as six months. In the event that a decision is not made by the Saturday, May 18 deadline, administration is granted another 180 days to review and determine the necessity of an additional auto tariff, as long as it is actively involved in negotiation with trading partners. Read more here.
Countdown for Bringing Chinese Imports to the U.S. Ahead of New Tariffs Begins
The U.S. Trade Representative (USTR) has announced that the List 3 tariff increase from ten percent to 25 percent is in effect for all goods that sailed from China on or after May 10, 2019 and are entered into the commerce of the U.S. on or after May 10, 2019. Goods which were already on the water prior to May 10, 2019 and arrive in the U.S. for entry prior to June 1, 2019 will not be subject to the 25 percent, only 10 percent. List 4 has also been revealed and public comment is open through mid-June. For more information, click here.
Walmart Plans to Bring Vet Clinics to 100 Stores
Starting May 14, Walmart customers will be able to fill prescriptions for dogs, cats, horses, fish, birds and livestock online via the Walmart Pet Rx website. The retailer also plans to increase the number of in-store vet clinics across the U.S. from 21 to 100 by the end of Q4. Learn more here.
U.S. Retail Sales Dropped by 1.2 Percent in April
Following a 1.7 percent jump in retail sales in March, the U.S. Commerce Department stated that Americans cut down on spending by 1.2 percent last month. Sales of cars dropped by 1.1 percent and sales at electronics and appliance retailers dropped by 1.3 percent. Read more here.
Statistic of the Week
The number of 20-foot containers handled by the Port of Oakland, one of the busiest container seaports in the United States, in 2018. Click here for more stats.
Links of the Week
Catch up with the Ascent Global Logistics team at the below upcoming events:
2019 PPAI EXPO EAST
Atlantic City, NJ – June 3-5, 2019
2019 3PL AND SUPPLY CHAIN SUMMIT
Atlanta, GA – June 10-12, 2019
International Holiday Calendar
- November 2019
- September 2019
- August 2019
- July 2019
- June 2019
- May 2019
- April 2019
- March 2019
- February 2019
- January 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- January 2017