The ongoing strike by dockworkers on the U.S. East Coast has brought maritime trade to a standstill, leaving many to wonder: why hasn't a resolution been reached? While it appears counterintuitive, several factors incentivize both the International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) to prolong the strike. Why the Strike Drags…
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IHA’s blog features informative posts written to keep the housewares industry educated and informed about key strategic issues and IHA member services.
Proposed De Minimis Imports Rule and the SHOP Safe Act
On Sept. 13, the Biden administration announced new actions to “crack down on de minimis shipments with unsafe, unfairly traded products.” Under current law, imported items are eligible for a de minimis exemption that allows shipments of foreign goods valued at $800 or less to avoid tariffs and undergo little to no inspection. Over the last 10 years, shipments entering the…
CONTINUE READINGU.S. Retail Intelligence – October
September 30 – Adobe: Online Holiday Spending Prospects Look Bright The associated study indicated that mobile shopping should be a particular force powering spending velocity across the digital storescape, and that retailers that optimize for mobile will likely benefit the most. From: HomePage News September 30 – eBay Introduces Latest Class of ‘Up & Running’ Grant…
CONTINUE READINGNavigating the Waves: Spot Rates vs. Contract Rates in Ocean Shipping
The shipping industry is buzzing. Rates are climbing, carriers are thriving and shippers are feeling the pinch. Is it 2020 all over again? While the current market may feel familiar, understanding your options is key to navigating these turbulent waters. Let’s dive into the difference between spot rates and contract rates to help you make informed shipping decisions. Spot…
CONTINUE READINGCanadian Railroad Impasse, Shipping Issues for Q3
On August 22, Canada’s two biggest railroads, Canadian National Railway (CN) and Canadian Pacific Kansas City (CPKC), locked out their workers after failed labor talks with the Teamsters Canada Rail Conference on a new collective bargaining agreement for some 9,000 conductors and engineers. Sticking points are rest rules, labor availability and the railroads’ desire to shift…
CONTINUE READINGU.S. Retail Intelligence – September
August 30 – Food Lion Feeds Helps Nourish College Students The Sack to Give Back program also kicks off in September to align with Hunger Action Month, a time when Food Lion Feeds supports its relationship with Feeding America. From: Drug Store News August 30 – Burlington Optimistic About Second Half After Strong Q2 Comparable sales in the quarter gained 2% year over…
CONTINUE READINGSupply Chain Update: A Closer Look at Containerized Ocean Freight and Its Impact on the Housewares Industry
The global supply chain remains a complex and ever-changing landscape. As we navigate these fluctuating waters, staying informed about key developments in containerized ocean freight is crucial to making informed decisions and maintaining efficient operations. Regulatory Landscape: Recent rulings by the Federal Maritime Commission (FMC) have sought to address…
CONTINUE READINGU.S. Retail Intelligence – August
July 30 – Beyond ‘remains in the red’ as it prepares to relaunch Zulily The company said it hit its Q2 revenue target and improved its bottom line, but sales are in decline. From: Retail Dive July 29 – Qurate Names Former Off 5th Exec Sirhal Chief Merchant for QVC Qurate Retail Group has appointed Mara Sirhal chief merchandising officer for QVC U.S., the…
CONTINUE READINGSupreme Court Decisions Curtail Agencies’ Reach
Three summer 2024 decisions from the Supreme Court of the United States (SCOTUS) will have a major impact on administrative law. SCOTUS repealed Chevron deference in Loper Bright v. Raimondo; extended the statute of limitations to challenge a rule in Corner Post v. Board of Governors; and limited agencies’ administrative law courts while upholding the right to a jury trial in…
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