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 READINGIndustry Resources
Learn about IHA’s cost-saving programs, including the International Housewares Shippers Association, designed to help members grow their business!
Low 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…
CONTINUE READINGProposed Tariffs To Have Greater Impact On Housewares Industry
The list of tariffs affecting the housewares industry will have a greater impact on home and housewares products with the proposed tariff rate recently increased to 25 percent from the original 10 percent announced by the United States Trade Representative (USTR). The list includes more than 6,000 tariff subheadings, affecting $200 billion of goods imported from China. “The…
CONTINUE READINGDerek Miller Named President of IHA
Derek Miller has been named president of the International Housewares Association, succeeding Phil Brandl who will retire at the end the year, IHA announced today. Miller, currently IHA’s vice president, global marketing, will assume the role of president Oct. 1. Brandl will remain at IHA through Dec. 31. Miller was selected by a unanimous vote of the IHA Executive…
CONTINUE READINGShips From Asia to U.S. Are Full
Shippers have become accustomed to seeing space on container ships in the Transpacific trade fill up during the traditional peak shipping season, but the current Asia to U.S. market is experiencing something much more than a traditional peak season. The majority of the space on ships is already sold out for the entire month of August. No one could have predicted the severity…
CONTINUE READINGIHA Opposes Latest Round of Proposed Tariffs
The latest round of tariffs on products coming from China announced by the United States Trade Representative (USTR) affects $200 billion of goods imported and if enacted would have an impact on the housewares industry. The International Housewares Association announced today it will activate its resources at the Association and member levels to provide comment on the…
CONTINUE READINGOcean Network Express Startup Issues
The merger of the three major Japanese container lines, K-line, MOL and NYK into Ocean Network Express (ONE) has gotten off to a rocky start. Industry experts expected a few hiccups during the startup phase of the merger. However, anyone that has shipped or has attempted to ship with ONE can safely say the issues have gone far beyond a few hiccups. IHSA has a contract with…
CONTINUE READINGWhy is the USPS Charging You 5x What They Charge Chinese Shippers?
By Jayme Smaldone Below is an elongated version of an OpEd I wrote for The Wall Street Journal, published on February 6, 2018. Please share with anyone that warehouses goods in the US. President Trump recently tweeted about mounting problems with the U.S. Postal Service. Specifically, he noted that the U.S. Postal Service (USPS) is not charging Amazon enough to deliver…
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