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RIM News

Looking Back and Looking Forward – 2020 & 2021

We agree that we know what the biggest story of the year was, but whether you consider the side effects of the pandemic or not, there were notable changes that happened in supply chains that heading into 2021 will make an impact into the first quarter and beyond. Our goal is to share our thoughts … Continued
RIM News

Trade Policy Changes Under New Administration

With the inauguration of the new administration a little under two months away, the incoming President’s foreign policy team is starting to take shape. For importers and exporters who are wondering what will be carried over from the current administration, there are plenty of issues to deal with including, but not limited to, trade remedy … Continued
RIM News

Vietnam 301 threatens supply chain relocations

The Office of the United States Trade Representative (USTR) earlier this month announced the opening of two investigations in the country of Vietnam. Interested members of the public can submit comments through November 12th – more on that later.   A great explanation of Section 301 investigations can be found here on Wikipedia. In short, … Continued
RIM News

What’s driving peak season and will it brake?

There appears to be no ceiling in sight for ocean freight rates on the eastbound transpacific. Last week, the Shanghai Containerized Freight Index notched a spot rate average of nearly triple what it was when rates bottomed out in March from Asia to the West Coast, as China slowly recovered from COVID and Europe and … Continued
RIM News

Blank Sailings

Importers and exporters already coping with reductions in their businesses from the pandemic are also fighting another battle – reduced capacity by ocean carriers on key lanes between the US, Asian and European markets. These planned and announced capacity cuts are known by the term “blank sailing”, and they serve the twin purposes of reducing … Continued