IMPORT & EXPORT
By Deborah Belgum | February 9, 2017
A trade war over Europe limiting U.S. beef imports led the Obama administration last year to propose a set of retaliatory tariffs on mostly food-related goods coming from Europe.
Imports coming through the nation's ports up slightly over last year.
The Port of Long Beach is looking for a new chief executive after Jon Slangerup resigned on Sept. 8 to become chairman and chief executive of an aviation technology company in Canada.
Starting in November, three Asian shipping lines will be establishing routes from Asia to the Port of Oakland.
For years, Janet Labuda was known as the government’s top dog when it came to enforcing apparel and textile import laws and finding counterfeit goods.
Cargo-container ships owned by bankrupt Hanjin Shipping have been arriving at the Long Beach/Los Angeles port complex this week after a U.S. bankruptcy judge cleared the way for vessels to dock without being seized by creditors.
With all the political rhetoric flying during an election year, apparel and textile experts are wondering whether the Trans-Pacific Partnership has any chance of being approved by Congress before a new president takes office in January.
Importers trying to extract merchandise from Hanjin Shipping Co. vessels docked at LA’s two ports were being told to pay $400 to $800 extra to retrieve their containers.
Nearly 8,000 pairs of shoes bearing fake “Salvatore Ferragamo” labels recently were seized by U.S. Customs and Border Protection agents at the ports of Los Angeles and Long Beach.
With the goal of keeping the West Coast ports from being hit with another labor snafu down the road, longshore workers and their port employers have agreed to discuss extending the current labor contract that ends in 2019.
If you want to pick up your cargo containers during the day at the ports of Los Angeles and Long Beach, it will cost you a little more.
The nation’s ports are expected to see up-and-down import cargo volumes for the rest of the year as retailers gear up for Back-to-School and Holiday sales.
The retail industry’s tectonic shift toward eco fashion is real, with a renewed focus on clothing made from raw, organic materials; nontoxic dyes or bleaches; low water usage; and made under socially responsible conditions. This is only part of the story of how the retail and fashion industry is building sustainability.
Last year, apparel and textile importers saw millions of dollars in profits sink as congestion at the West Coast ports kept merchandise stuck on boats for weeks.
The U.S. International Trade Commission recently published an independent study of the free-trade accord and found that U.S. apparel imports would inch up 1.4 percent with a $1.9 billion increase by the year 2032 while exports would barely budge, seeing a 0.3 percent rise, or a $10 million increase.
Slow growth in consumer spending and high inventory levels at stores across the country are affecting import cargo volumes at the nation’s ports.