Archive: June 2024
June 25, 2024
DAP vs. DDP Incoterms
The International Commercial Terms (Incoterms®) is a set of 11 internationally recognized rules developed by the International Commercial Commerce (ICC). The rules define the responsibilities of buyers and sellers in international trade.…
READ MORE >June 21, 2024
German Port Workers Continue Negotiations
The third round of collective bargaining for the seaports between the United Services Union (ver.di) and the Central Association of German Seaport Operators (ZDS) concluded without a result after two days of negotiations on Monday and Tuesday (June 17 and…
READ MORE >June 12, 2024
Strike Averted after Canadian Border Workers Reach Tentative Contract
The Canadian government and the union representing more than 9,000 Canada Border Services Agency workers reached a tentative agreement Tuesday that ends the threat of a work stoppage on Friday, officials have said (source: Freight Waves).
READ MORE >June 11, 2024
Baltimore’s Fort McHenry Federal Channel Fully Restored
The U.S. Army Corps of Engineers and U.S. Navy Supervisor of Salvage and Diving has announced the full restoration of the Fort McHenry Federal Channel to its original operational dimensions of 700 feet wide and 50 feet deep for commercial…
READ MORE >June 11, 2024
USTR Extends Certain Exclusions from China Section 301 Tariffs
The Office of the United States Trade Representative today announced the further extension of certain exclusions in the Section 301 Investigation of China’s Acts, Policies, and Practices Related to Technology Transfer, Intellectual Property, and Innovation. The exclusions were previously scheduled…
READ MORE >June 10, 2024
Canadian Rail Negotiations Continue
Canadian National Railway Co. and the Teamsters Canada Rail Conference Canada still appear to be far apart in contract negotiations after the union rejected calls for binding arbitration and said both CN and Canadian Pacific Kansas City Ltd. rejected an…
READ MORE >