Carrier profitability, or lack of profitability, is causing uncertainty with shippers heading into the busiest shipping period of the year. After reaching historical lows, container rates from Asia to United States have stabilized. Although stabilized, the rates have not rebounded to profitable levels. Hanjin and Hyundai are two carriers that have been fighting off bad…
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Learn about IHA’s cost-saving programs, including the International Housewares Shippers Association, designed to help members grow their business!
Are you selling product online directly to consumers?
There seems to be an increase in the number of reported lawsuits levied by plaintiffs against IHA members alleging that the Terms and Conditions of their online ecommerce websites violate New Jersey’s arcane Truth-in-Consumer Contract, Warranty and Notice Act (“TCCWNA”). These lawsuits don’t have to prove there has been a loss or damage suffered by the consumer. Your company…
CONTINUE READINGAsia to U.S.A. – Spot Rates Increase
The International Housewares Shippers Association (IHSA) has been closely monitoring freight rates in the Asia to United States market. The carriers have made eight attempts to increase freight rates in this market since May 2015. Every attempt failed until July 2016. The biggest obstacle to the previous attempted increases was simple economics. The amount of capacity in the…
CONTINUE READINGOcean Freight Update: Ocean Carriers’ Action Indicates Weak Demand
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 READINGIs Your Company Prepared for SOLAS?
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 READINGIHSA Finalizes Ocean Contract Negotiations
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 READINGInternational Housewares Shippers Association Issues Refund to Members
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 READINGNew Online Resource “Inspired Home” Launches To Generate Housewares Excitement
Compelling Articles, Videos, DIY Tips, Home Ideas and More Found at IHAInspiredHome.org As savvy consumers increasingly turn to the web to select kitchen utensils, organization tools, cookware pieces, home décor and more to “make their house a home,” a new online resource launches to deliver fresh content on emerging home trends and housewares…
CONTINUE READINGIHA’s New Inspired Home Website Announces Editorial Calendar
Features on Halloween and fall-themed entertaining, food preparation and storage; personal care and grooming; home organization; closet and clothes care; garage organization and pet care will launch the new Inspired Home website created by the International Housewares Association. The website, www.IHAInspiredHome.org, is part of IHA’s consumer-focused initiative that will…
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