Tighter EU import requirements proving 'a challenge' for forwarders
“Stricter Customs regulations” from the EU’s ICS2 will see “stricter enforcement”, Hapag-Lloyd has warned, and ...
As Asia-Europe container spot rates continue to skyrocket, shippers and freight forwarders are accusing carriers of breaching short- and long-term contracts to “charge whatever they want”.
In a joint letter to the Competition Directorate of the European Commission (EC), the European Freight Forwarders Association (CLECAT) and European Shippers’ Council (ESC) have protested about the “damage” the carriers’ behaviour is “causing to trade growth at a time of economic recession”.
According to the letter, the complaints relate to “violation of existing contracts, the ...
Macron calls for ‘suspension’ – CMA CGM's $20bn US investment in doubt
Trump tariffs see hundreds of cancelled container bookings a day from Asia
De minimis exemption on shipments from China to the US will end in May
Forwarders stay cool as US 'liberation day' tariffs threaten 'global trade war'
Mixed response in US to 'Liberation Day', while China leads wave of retaliation
Tariffs and de minimis set air freight rates on a volatile course
Overcapacity looms for ocean trades – with more blanked sailings inevitable
'To ship or not to ship', the question for US importers amid tariff uncertainty
Comment on this article
Richard Jayasinghe
January 07, 2021 at 1:19 amWhat is the reply to this question from FIATA.