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…
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Industry Resources
Learn about IHA’s cost-saving programs, including the International Housewares Shippers Association, designed to help members grow their business!
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…
CONTINUE READINGIHSA 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.…
CONTINUE READINGCombatting Counterfeit and Pirated Goods
On July 24, 2019, IHA President Derek Miller submitted comments to a U.S. Dept. of Commerce notice seeking input on how to curb the importation and sale of counterfeit products. IHA’s comments noted that legitimate businesses like those belonging to IHA are victims of counterfeit goods that are sold by bad actors and often directly compete with goods produced by IHA…
CONTINUE READINGCarriers 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…
CONTINUE READINGTrade, Tariff and Postal Shifts
On Jan. 15, President Trump and Chinese Vice Premier Liu He signed the Phase One trade agreement between the U.S. and China consisting of seven chapters on intellectual property rights, technology transfer, food and agricultural products, financial services, exchange rate matters and transparency, expanding trade, and bilateral evaluation and dispute resolution procedures. The…
CONTINUE READINGTrade and Tariff Developments for 2020
Significant progress has been made with regard to the issue of tariffs in the trade dispute between the United States and China. The USTR announced on Dec. 13, 2019, the completion of a Phase One trade agreement with China. U.S. tariffs on List-4B products that were subject to 15% duties set to commence on Dec. 15, 2019, were cancelled, and tariffs on List 4A products…
CONTINUE READINGEfforts to Correct the Universal Postal Union (UPU) Problem Spark Further Changes
In a recent article posted on the Bloomberg website, IHA member Mighty Mug was singled out for successfully drawing the President’s attention to a vast disparity in shipping rates between U.S. and Chinese companies. The efforts to correct the United Postal Union (UPU) problem are possibly leading to other changes in US foreign policy and specifically with the U.S.’s…
CONTINUE READINGScrubbers Could Provide Significant Cost Savings
Carriers that took the risk to install scrubber installations on their ships will likely have a competitive advantage in the containership industry. Effective January 1, 2020, vessels will be required to produce sulfur emission levels less than 0.5%. Scrubber installations allow carriers to buy the less expensive higher sulfur fuel. In principle, a scrubber cleans the…
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