Shippers hoping that 2019 will bring some much-needed stability to their rates and supply chains may be disappointed. Carriers have already informed shippers that capacity management will be a major point of emphasis moving into 2019 and 2020. Shippers have been experiencing higher freight costs and disruptions in their supply chains since August 2018. Further cuts in carrier…
CONTINUE READINGIndustry Resources
Learn about IHA’s cost-saving programs, including the International Housewares Shippers Association, designed to help members grow their business!
Asia to U.S. Space Crunch Persists
The space crisis has been dominating the Asia to U.S. market since the end of June 2018. The crisis continues to cause major disruptions in import supply chains and increase freight costs of container shipments to the United States. The experts that project supply/demand balances were way off the mark leaving no warning of an impending space crunch to importers. In a two-week…
CONTINUE READINGLeana Salamah Named VP, Marketing at IHA
The International Housewares Association (IHA) announced today that Leana Salamah has joined the Association as vice president, marketing. Salamah has 20 years’ experience in marketing, including trade show, association and event marketing, and is replacing Derek Miller who became IHA president Oct. 1. She will be responsible for overall management of IHA and International…
CONTINUE READINGJoin the Relief Effort for Hurricane Victims
Victims of Hurricane Michael also will receive assistance from Good360, the charity the International Housewares Association has partnered with to provide hurricane victims with home goods products as they rebuild their lives and homes. Last month IHA announced its partnership with Good360 to help the Carolinas recover from Hurricane Florence. Hurricane Michael made landfall…
CONTINUE READINGTariffs Impacting Supply Chains
The threat of tariffs from China are causing inventories in the US to spike. Shippers importing from China have been pulling holiday cargo ahead since June to avoid potential tariffs. The latest threat of a 25% tariff scheduled to be implemented January 1, 2019 has both shippers and warehouse operators concerned. Distribution facilities that specialize in handling import…
CONTINUE READINGFour New Directors Elected to IHA Board Of Directors
Four new directors have been elected to the board of directors of the International Housewares Association (IHA), the full-service trade association for the housewares industry. The new directors are: Scott Henrikson, president, Dexas International; Darrin Johnston, managing director, Meyer Corporation; Lisa W. Knierim, president & CEO - Americas, Villeroy & Boch;…
CONTINUE READINGStrong Demand Powers Rate Increases
Rates continue to escalate in the Eastbound Transpacific market. Strong demand, reduction of capacity, and the threat of tariffs are all contributing factors that are causing the high rates shippers are being forced to pay to move their cargo from Asia to the United States. Ocean rates to both the US East Coast and US West Coast are 53% higher than they were this time last…
CONTINUE READINGLow Chinese Shipping Rates Severely Undercut American Businesses
An international postal agreement has been tipping the scales in favor of Chinese merchants for decades, allowing the e-commerce market to continue to become the domain of the Chinese at the expense of U.S. companies and taxpayers. The USPS is part of an arcane arrangement with the Universal Postal Union (UPU), which is the postal arm of the United Nations. This arrangement…
CONTINUE READINGPresident Trump Issues Memorandum Ordering Level Playing Field for Terminal Dues Charges
On August 23, President Donald Trump signed a Presidential Memorandum addressing the issue of terminal dues, recognizing the damage they are doing to American business, offering a policy for reform and timeline for progress and recommendations if sufficient progress is not made by the deadline, including the possibility of self-declared rates. Terminal dues are below-cost…
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