Tag Archive: tariff

Trans-Pacific Trade Delays – Are You Prepared?

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Thanks to Dave Porter for recently sharing: Vessel operations and capacity in the last 10 days have been severely impacted by two typhoons in Asia (Central & North China).  Major ports such as Shanghai have been shut down for 2-3 days which has caused a ripple effect such as roll overs and cargo backlog.   In essence, it is creating havoc – vessels are leaving before the entire operation is concluded (leaving many containers behind); port calls are being omitted and/or cancelled; and, heavy congestion and berthing delays are occurring.  If that wasn’t enough, rates are going up again 15-20% as…
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Keeping an Eye on Global Markets

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If there ever was a strategic topic of critical importance no matter your position in the supply chain, it is keeping an eye on global markets.  We’ve worked with clients who ONLY source materials, components and products from U.S.-based suppliers.  Yet, even they must pay attention to global markets to thrive.  Are you making this a priority? There are countless reasons to stay informed of global markets.  First and foremost, we live in a global society. It isn’t practical to go through a day without coming into contact with products, services, people, currencies and more from around the world. A…
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Tariff News & Impacts….Whirlpool Adds People; LG Raises Prices

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Tariff News & Impacts….Whirlpool Adds People; LG Raises Price| President Trump just announced that the U.S. would impose a tariff up to 50% on large residential washing machines.  Almost immediately, the news started to emerge. According to an Industry Week article, Whirlpool plans to add around 200 jobs in their Ohio facility and announced plans to increase investment.
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