The trade relationship between the United States and Peru is a dynamic and strategic partnership that continues to support economic growth and stability for both nations. This alliance was solidified with the United States–Peru Trade Promotion Agreement (PTPA), signed on April 12, 2006, and officially entering into force on February 1, 2009. Since then, the PTPA has significantly enhanced trade liberalization, removed tariffs on most … Read More
Why GLC is the Ideal Partner for USA Exports
Expanding your business overseas is full of possibilities—but it’s not without its challenges. Navigating regulations, managing logistics, and ensuring that products arrive on time and in perfect condition requires an expert touch. That’s where Global Logistical Connections (GLC) comes in. With a comprehensive approach and unmatched expertise, GLC takes the complexity out of exporting, giving you peace of mind and a reliable path to international … Read More
Rate Increases Expected Due to Potential East Coast Strikes
With the looming threat of labor unrest on the U.S. East Coast and Gulf Coast, the shipping industry is bracing for significant rate increases. Several major carriers, including Evergreen, HMM, CMA CGM, Maersk, and Yang Ming, have issued announcements about impending surcharges designed to mitigate the operational disruptions expected if strikes or other labor-related slowdowns materialize. These rate hikes, set to take effect in mid-to-late … Read More
Customer Service in Supply Chains
In today’s competitive market landscape, the significance of customer service within the supply chain industry cannot be overstated. As businesses strive to meet and exceed customer expectations, the impact of customer service on a brand’s reputation and customer loyalty has become more pronounced than ever. The statistics speak volumes about the pivotal role customer service plays in shaping consumer perceptions and decisions. According to Arena … Read More
New Marine Terminal Tariff for Port of Savannah
GLC INC. · New Marine Terminal Tariff for Port of Savannah A new marine terminal tariff will go into effect on October 1st for the Port of Savannah, stemming from a concern of an influx of empty containers at the Port’s terminals. In the midst of longshore labor negotiations on the West Coast, US importers are shifting a large portion of their cargo to the … Read More
Latest Imposed GRI for FedEx marks history
Thursday, September 22nd FedEx Corp announced a 6.9% general rate increase (GRI) to be imposed starting 2023. This GRI marks the largest percentage of increase year-over-year in the company’s history. All services will be affected by the GRI, except for the LTL, or less-than-truckload service, FedEx Freight, which could fluctuate between 6.9% and 7.9%, according to the customer’s scale. On average, FedEx’s annual tariff rates … Read More
Port of Savannah Container Volume Increasing
2022 fiscally has been a huge success, according to the Georgia Ports Authority. In one year, Port of Savannah has recorded 5.76 million twenty-foot units being handled, making it an 8% overall increase year over year. Simultaneously, the port of Savannah has also announced that June 2022 was also a record-breaking month for them, handling 494,107 TEUs, which is a rise of a 10.6% increase … Read More
Los Angeles Port holding strong among Shanghai lockdowns
The Port of Los Angeles, as of May 6th is still holding firm, not showing any reported impacts from the COVID-19 lockdowns in Shanghai, China. According to Director Gene Seroka, There has been “no dramatic change” in the number of vessels leaving China, as vessel numbers bound for the San Pedro Bay remain “pretty consistent,” Seroka said. The number of ships departing Asia on Friday … Read More
New CBP Updates: Reinstatement of Certain China Exclusions
At the end of March 2022, the office of the United States Trade Representative announced the reinstatement of certain exclusions from China section 301 tariffs. This new product exclusions fall under HTSUS classification 9903.88.67, according to the aforementioned office. These said Section 301 China tariff exclusions were previously expired on Dec 21, 2020, and reinstated until December 31, 2022. These exclusions apply to roughly 500 … Read More
GLC is Celebrating 15 Years in Business
January 6th marked 15 years since the incorporation of Global Logistical Connections. Derek Scarbrough, Founder, and CEO started the company in 2006 after leaving a promising career in St. Louis, Missouri.