Ocean carriers are entering their busiest shipping phase known as peak season to those familiar with the container shipping industry. It is traditional for ocean carriers to impose a “Peak Season Surcharge” (PSS) on containers shipped from Asia to the United States during this peak period. The PSS is a good tool for shippers to gauge how carriers view future demand in the…CONTINUE READING
IHSA Shippers Association
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If your company ships ocean containers, you need to prepared for SOLAS. Effective July 1, 2016, the International Maritime Organization (IMO) will be enforcing a new regulation in the Safety of Life at Sea Convention (SOLAS). This new regulation mandates that shippers provide a Verified Gross Mass (VGM) for every container as a condition for loading onto a ship for export. VGM…CONTINUE READING
After two months of negotiating with ocean carriers, the International Housewares Shippers Association (IHSA) is pleased to report that contract negotiations have been finalized. IHSA’s 2016-17 ocean carrier program offers rates and services with 11 different ocean carriers capable of providing service to and from every major trade lane in the world. The contract rates are…CONTINUE READING
The International Housewares Shippers Association (IHSA) issued a refund to participants for 2015 totaling $186,139. The refund, which has become a staple of IHSA, is awarded by the IHSA Board of Directors at the conclusion of the association’s fiscal year. Each participant’s share depends on their level of participation and is based on every 40-foot equivalent unit (FEU)…CONTINUE READING
Author: Jeff Bergmann, International Housewares Shippers Association (IHSA) On June 4th, I wrote a blog titled “Container Space and Equipment Challenges Persist in Asia”. Almost four months have passed and many of the same challenges persist within the Asia - United States market. No doubt, the chaos experienced by shippers during the months of May, June, and July has…CONTINUE READING
Author: Jeff Bergman, International Housewares Shippers Association (IHSA) A recent headline on the Journal of Commerce website that read "Carriers Restoring Capacity Faster Than Demand" had many importers scratching their heads. Any person responsible for moving cargo from Asia to the United States understands that nothing could be further from the truth. In fact, demand is…CONTINUE READING