Global Trade Archives - Page 2 of 2 - Mechanical Power Inc.
TPEB Shippers See Improving Equipment Levels

TPEB Shippers See Improving Equipment Levels

According to Collyer Logistics Group of Companies, high demand in the third quarter on the trades out of China, especially on the trans-Pacific, has overwhelmed terminals and forced carriers since July to hastily reinstate blanked capacity, deploying extra loaders and...
DOJ Suggests “Test Case” in Section 301 Litigation

DOJ Suggests “Test Case” in Section 301 Litigation

Read The Court of International Trade should use a case management approach for the numerous Section 301 tariff lawsuits similar to the one used for litigation over the harbor maintenance tax (HMT), the Department of Justice said in a Sept. 23 filing. That should...
Ocean Freight Rates in 2020

Ocean Freight Rates in 2020

The ocean carriers are still posting ridiculously profitable quarters. Ocean carriers are posting ridiculously profitable quarters in 2020. Under normal circumstances this would not be a problem, everyone deserves to make a profit. However, manipulating capacity and...
United States – Mexico – Canada Agreement (USMCA)

United States – Mexico – Canada Agreement (USMCA)

The U.S. – Mexico – Canada Agreement (USMCA) is a trade agreement between the named parties. The USMCA replaced the North American Free Trade Agreement (NAFTA). U.S. Customs and Border Protection (CBP) has launched a USMCA Center to serve as a one stop shop for...
Tariffs and Mechanical Power

Tariffs and Mechanical Power

The ever-evolving tariff situation and trade wars initiated by our current President have been difficult to keep up with due to the erratic nature of their developments.  The changes in tariffs have a direct impact on Mechanical Power and our customers as many of our...