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Everglory News

14Jan, 2020

2020 Chinese New Year is coming!




Every year it’s important to look at the calendar to plan for first quarter shipments as the Chinese New Year celebrations shut down the factories and shipments coming from China. This year, we’re not only going to talk about the logistics side of Chinese New Year, but we’ll also touch a bit on the cultural… Read more »


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18Dec, 2019

US and China reach phase one agreement!




After almost two years of ever-increasing tariff negotiations, the US and China have come to a preliminary “phase one” bilateral trade agreement. Key points of the agreement include agricultural exports from the US to China, intellectual property securities and both a reduction of current tariffs on the first three tranches of duties and a cancellation… Read more »


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4Dec, 2019

Vietnam fights Country of Origin fraud.




As suppliers search for new markets to source goods during the US China tariff negotiations, Vietnam is a natural fit. However, there is an increase in the worry that some goods are at risk of bearing a “Made in Vietnam” label even though they’ve actually been manufactured in China to avoid tariffs. Because the US… Read more »


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6Nov, 2019

CTPAT minimum security criteria changes January 1, 2020




Updates to the minimum security criteria for members of CTPAT will be effective on January 1, 2020. Though the changes aren’t available to the general public, members can view the full set of updates via CTPAT’s online portal. New criteria will cover the following areas: Management commitment to a culture of security throughout the organization… Read more »


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7Oct, 2019

US levies tariffs after WTO Airbus decision




Officially finalized on Wednesday after the WTO made a final ruling, the US plans to levy $7.5 billion in tariffs on luxury goods against the EU. Though European leaders have called for resolution without new tariffs, as the US also gave illegal subsidies to Boeing, there has been no settlement beyond the tariffs, so far…. Read more »


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11Sep, 2019

Tariffs on Chinese imports




UPDATE 12.SEPT.2019 In what many hope are signs of a deescalation of the current trade war, China released a list of exemptions for their current tariffs against US imports. Fish meal, alfalfa, and lubrication oil are among the products listed for exemptions on the 25% tariffs imposed by China last year. In what he’s calling… Read more »


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22Aug, 2019

Hong Kong Airport (HKG) shuts down over protest




Last week, protests at the Hong Kong Airport (HKG) ground traffic to a halt, delaying both passenger travel and belly cargo moving through the hub. While many forwarders scrambled to find alternate routings and confirm cargo planes were still moving in and out amid throngs of protesters, cargo planes took advantage of the empty runways… Read more »


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23Jul, 2019

MSC temporarily suspended from C-TPAT




Mediterranean Shipping Company (MSC) is the largest carrier for US container imports with a market share equal to 13%. When the MSC Gayane was inspected upon calling the Port of Philadelphia it was found to have seven containers on board stuffed with a total of 18 tons of cocaine – a street value of $1.3… Read more »


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2Jul, 2019

Fireworks, tariffs and a happy 4th of July!




The fourth of July is the quintessential America holiday. It’s a lively celebration where families get together, swim, travel, barbecue, and either watch or take part in a fireworks extravaganza. Fireworks have been part of the celebration of Independence Day since the 1770’s and could be considered the first key part of the celebration. Now,… Read more »


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3Jun, 2019

Turkey no longer part of GSP




Effective May 17, 2019 the US Trade Representative ended Turkey’s preferential trade status as it was determined the nation has reached an adequate level of economic development. Though this will stop goods from being allowed to enter the US duty free, the White House has reduced tariffs from 50% to 25% easing the burden somewhat…. Read more »


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