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Administration Defers Duties on Certain Tariffs

On April 19, 2020, President Trump issued an Executive Order based on National Emergency authority declared March 13 to give the Treasury Secretary the ability to defer payments of certain import duties, taxes and fees for 90 days. This was followed by a Temporary Final Rule published April 20 by the DHS Customs and Border Patrol that states the 90-day deferral doesn’t…

Putting Coronavirus in Perspective: What Does it Mean for the Future of Globalization?

By Professor Joshua Ault As COVID-19, or Coronavirus, continues to spread across the country and the world, the most important conversations we are having now are how to stay safe and how to protect the economy from a sudden drop in activity. However, a secondary theme that we are tackling at Arizona State University’s Thunderbird School of Global Management is how COVID-19…

Special Report (2nd Edition) on Coronavirus Assistance

Federal Legislation and Administrative Actions as of April 2, 2020 This special report is to provide basic information on federal legislation and administrative actions in place to help individuals and businesses deal with the coronavirus (COVID-19 virus) epidemic. Congress passed and the President signed a $2 trillion recovery bill (the CARES Act) on March 27, and…

Special Report on Coronavirus Assistance

Federal Legislation and Administrative Actions Taken as of March 20, 2020 This special report is to provide basic information to IHA members on federal legislation and administrative actions now in place to help individuals and businesses deal with the coronavirus (COVID-19 virus) epidemic. While Congress works on a massive stimulus bill of $1 trillion or more that…

Global Retail Intelligence – March

March 18 – UK’s Morrisons Expands Home Delivery Morrisons implemented new measures to help customers and employees during the Covid-19 outbreak. With new methods of grocery deliveries, new ranges of easy-order food parcels starting March 23 and a new customer order center, the UK retailer anticipates recruiting 2500 new drivers and order pickers.…

IHSA Ocean Contract Negotiations

IHSA and our carrier partners are fully engaged in contract negotiations that determine annual shipping rates for cargo shipped from Asia to the US. The new shipping rates will go into effect on May 1, 2020 and expire on April 30, 2021. When negotiations began, both parties were prepared to discuss the usual topics of rates, fuel, detention free time and space allocation.…

2020 IBC Global Forum: Speakers Announced!

The IBC 2020 Global Forum will be presented in a live-streamed webinar format this year. Attendees can anticipate learning from key industry buyers and IHA’s Global Offices and Representatives. Please save the dates of September 22 – 24 for a twice daily livestream, featuring confirmed speakers from Sodimac (Latin America), Indòmit (Spain & Portugal), EPA (Costa Rica),…

Global Retail Intelligence – February

February 26 – Amazon Enters Food Delivery Market in IndiaIn the wake of Uber’s attempt at food delivery in India, after falling to the competition of two local competitors, Swiggy and Zomato, Amazon is on the brink of launching its food delivery service in India. The launch is delayed from the original plan of launching by Diwali. The initial launch will be in Bangalore…

Carriers Monitoring the Coronavirus

The carriers are monitoring the impact the coronavirus could have on containers moving from China to the US. They have refrained from cancelling sailings so far, but the situation is very fluid. To help contain the coronavirus, the Chinese government extended the Chinese New Year holiday for most of the country by 3 days. Factories located in areas hardest hit by the…