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LATEST NEWS
01/20/12
Hong Kong Fuel Surcharge Update For January 26, 2012
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Please be advised effective January 26, 2012 the fuel surcharge for air cargo moving out of Hong Kong will be decreased by all Carriers to the following levels.
$0.93 per kilo / $0.42 per lb (HKD 7.20)
If you should have any questions or need any additional information concerning this matter please contact us at info@transmodal.net
Thank you for your continued support and consideration of Transmodal for all your shipping needs
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11/11/11
Hong Kong Fuel Surcharge Update For November 18, 2011
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Please be advised effective November 18, 2011 the fuel surcharge for air cargo moving out of Hong Kong will be increased by all Carriers to the following levels.
$0.98 per kilo / $0.45 per lb (HKD 7.60)
If you should have any questions or need any additional information concerning this matter please contact us at info@transmodal.net
Thank you for your continued support and consideration of Transmodal for all your shipping needs
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11/09/11
Transmodal Customer Advisory- MP Fee Update
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Dear Valued Business Partners
Subject: Raise in U.S Customs Merchandise Processing Fee Goes Retroactive
As previously advised, U.S Customs has raised the MPF rate to .3484%. The change is officially retroactive to entries filed on or after October 1, 2011. For any duties due after October 1, 2011 where Transmodal has already paid U.S Customs for the MP fee listed, U.S Customs will be sending a bill directly to the Imorter of Record on the entry in the near future. U.S Customs will be disregarding any retrocactive MP fees that are less than $20.00.
Should you have any quesitons concenring this matter please feel free to contact us at anytime
Thank you for your continued support of Transmodal Corporation
Best Regards,
Chris Peterson
Vice President, Customs Brokerage and Regulatory Affairs
Transmodal Corporation
Direct Tel: 201-316-1633
Toll Free: 877-242-7979
Fax: 201-623-2438
chris.peterson@transmodal.net
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10/27/11
Hong Kong Fuel Surcharge Update For November 2, 2011
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Please be advised effective November 2, 2011 the fuel surcharge for air cargo moving out of Hong Kong will be decreased by all Carriers to the following levels.
$0.93 per kilo / $0.42 per lb (HKD 7.20)
If you should have any questions or need any additional information concerning this matter please contact us at info@transmodal.net
Thank you for your continued support and consideration of Transmodal for all your shipping needs
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10/26/11
Customer Advisory: Flooding in Thailand
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Dear Valued Business Partners:
Thailand is now facing huge masses of water like never seen before. Seasonal monsoons came six weeks early and have lasted longer than usual filling reservoirs, dams, and fields, with 30 percent more rainfall than average. Thailand's catastrophic floods may take at least another 20 days to drain into the Gulf of Thailand. Overall about 700 billion cubic feet of rainfall has drenched Thailand over the last several months. Water bearing down on the capital from the North began spilling through Bangkok's outer districts and has continued moving inland. In some areas, the flooding is as high as 8-9 feet.
So far however most of the metropolis area of 9 million people have escaped unharmed, and Suvarnabhumi Airport in Bangkok is still operating normally at this time
The port in Laem Chabang is currently still operating howvever the Port Authority of Thailand (PAT) has closed all terminals at the Bangkok port due to the flooding and they are expected to stay closed throughout next week as they wait for the flood waters to recede.
If you have any questions or need additional information concerning this matter please contact Transmodal at (201) 316-1600 or email your questions to
info@transmodal.net
Thank you for your continued support of Transmodal for all your shipping needs
Sincerely & Best Regards,
Transmodal Corporation
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10/24/11
Transmodal Customer Advisory- MP Fee
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Dear Valued Business Partners
Subject: Raise in U.S Customs Merchandise Processing Fee
President Obama recently signed legislation enacting several free trade agreements. Part of this legislation requires U.S Customs to raise the Merchandise Processing Fee to .3464%. The duty collection is supposed to apply to all entries filed since October 1, 2011
U.S Customs has not yet implemented the change nor has U.S Customs indicated how additional duties paid after October 1 but before they implement the change are to be collected. As we uncover new developments, we will keep you informed.
Should you have any quesitons concenring this matter please feel free to contact me at anytime
Thank you for your continued support of Transmodal Corporation
Best Regards,
Chris Peterson
Vice President, Customs Brokerage and Regulatory Affairs
Transmodal Corporation
Direct Tel: 201-316-1633
Toll Free: 877-242-7979
Fax: 201-623-2438
chris.peterson@transmodal.netwww.transmodal.net
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08/26/11
Hurricane Warnings in Effect For Northeast U.S
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Dear Valued Business Partners:
As you probably know, the National Hurricane Center has issuued a Hurricane warning for most of the East Coast including North Carolina, New Jersey, New York, and Massachusetts
Hurricane Irene is expected to arrive here in the Metropolitan Area on Saturday night and into Sunday
Given the level of this storm and its expected path, there is a strong possibility that operations within the Seaport and Airport areas in the Northeast will be effected as we move into Monday and beyond. This could possibly include ocean terminal, airport terminal, and ground transportation operations within the area
Transmodal is obviously monitoriing the situation and will send additional updates as we know more
If you have any questions or need additional information please contact your Transmodal Customer Service Rep at (201) 316-1600 or email your questions to info@transmodal.net
Please take all necessary precautions to stay safe and out of harms way during this pending storm
Sincerely,
Transmodal Corporation
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08/21/11
Truckers Strike in Tuticorin, India
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Dear Valued Business Partners:
This is to inform you that an indefinite seaport truckers strike in Tuticorin, India has been underway since Thursday August 18, 2011
Obviously there is no movement of containers in or out of the terminal at this time.
If you have any questions or need additional information concerning this matter, please contact your Transmodal Customer Service Rep at (201) 316-1600 or email your questions to info@transmodal.net
We are closely monitoriing the situation and will send additional updates as we know more
Thank you for your continued support of Transmodal for all your global supply chain needs
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08/15/11
Hong Kong Fuel Surcharge Update For August 15, 2011
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Please be advised effective August 15, 2011 the fuel surcharge for air cargo moving out of Hong Kong will be increased by all Carriers to the following levels.
$1.05 per kilo / $0.47 per lb (HKD 8.00)
If you should have any questions or need any additional information concerning this matter please contact us at info@transmodal.net
Thank you for your continued support and consideration of Transmodal for all your shipping needs
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06/29/11
Terminal Operators at LA/LGB Ports Suspend Increases to TMF Fees
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WCMTOA announced it will postpone until August 1 its planned adjustment to the Traffic Mitigation Fee (TMF) at the Ports of Los Angeles and Long Beach. The schedule change is in response to feedback from customers and other partners in the goods movement industry, and is intended to provide more time for cargo owners to prepare for the adjusted TMF. The OffPeak program provides tremendous value and future growth potential to the goods movement industry, greatly increasing the capacity of America's largest port complex without adding additional infrastructure. OffPeak gates help to minimize daytime traffic congestion, allow cargo to move faster at night on less crowded roads, and enables truck owners to deliver more loads through lower turn-times and twice the number of working hours in a day. The TMF funds the nighttime gates, which make these benefits possible.
About PierPass
PierPass is a not-for-profit company created by marine terminal operators at the ports of Los Angeles and Long Beach in 2005 to address multi-terminal issues such as congestion, security and air quality. Under the program, all international container terminals in the two ports established five new shifts per week. As an incentive to use the new OffPeak shifts and to cover the added cost of the shifts, a Traffic Mitigation Fee (TMF) is required for most cargo movement during peak hours (Monday through Friday, 3 a.m. to 6 p.m.).
If you should have any questions or need any additional information concerning this matter please contact your Transmodal Customer Service Rep or email us at info@transmodal.net
Thank you for your continued support and consideration of Transmodal for all your shipping needs
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06/28/11
Marine Terminal Operators at Los Angeles /Long Beach Ports to Raise TMF Fees
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Dear Valued Business Partners,
The West Coast MTO Agreement (WCMTOA) today announced it will raise the current Traffic Mitigation Fees (TMF) at the Ports of Los Angeles and Long Beach to $60.00 per TEU in order to sustain continued operation of PierPass Off-Peak gates. The TMF adjustment is effective July 4, 2011. This is the first increase in the TMF since 2006. Since then, hourly labor costs have increased 31 percent. As per the terminals they have operated the Off-Peak gates at a loss since the program's inception in 2005. The shortfall between TMF revenues and Off-Peak gate costs was said to be $52.3 million in 2010.
If you should have any questions or need any additional information concerning this matter please contact your Transmodal Customer Service Rep or email us at info@transmodal.net
Thank you for your continued support and consideration of Transmodal for all your shipping needs
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06/11/11
Marine Terminal Operators at Los Angeles /Long Beach Ports to Raise TMF Fees
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Dear Valued Business Partners,
The West Coast MTO Agreement (WCMTOA) today announced it will raise the current Traffic Mitigation Fees (TMF) at the Ports of Los Angeles and Long Beach to $60.00 per TEU in order to sustain continued operation of PierPass Off-Peak gates. The TMF adjustment is effective July 4, 2011. This is the first increase in the TMF since 2006. Since then, hourly labor costs have increased 31 percent. As per the terminals they have operated the Off-Peak gates at a loss since the program's inception in 2005. The shortfall between TMF revenues and Off-Peak gate costs was said to be $52.3 million in 2010.
If you should have any questions or need any additional information concerning this matter please contact your Transmodal Customer Service Rep or email us at info@transmodal.net
Thank you for your continued support and consideration of Transmodal for all your shipping needs
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06/09/11
Hong Kong Fuel Surcharge Update For June 16, 2011
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Please be advised effective June 16, 2011 the fuel surcharge for air cargo moving out of Hong Kong will be decreased by all Carriers to the following levels.
$0.98 per kilo / $0.44 per lb (HKD 7.60)
If you should have any questions or need any additional information concerning this matter please contact us at info@transmodal.net
Thank you for your continued support and consideration of Transmodal for all your shipping needs
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03/30/11
Hong Kong Fuel Surcharge Update For April 5, 2011
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Please be advised effective March 4, 2011 the fuel surcharge for air cargo moving out of Hong Kong will be increased by all Carriers to the following levels.
$0.98 per kilo / $0.45 per lb (HKD 7.60)
If you should have any questions or need any additional information concerning this matter please contact us at info@transmodal.net
Thank you for your continued support and consideration of Transmodal for all your shipping needs
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02/26/11
Hong Kong Fuel Surcharge Update For March 4, 2011
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Please be advised effective March 4, 2011 the fuel surcharge for air cargo moving out of Hong Kong will be increased by all Carriers to the following levels.
$0.88 per kilo / $0.40 per lb (HKD 6.80)
If you should have any questions or need any additional information concerning this matter please contact us at info@transmodal.net
Thank you for your continued support and consideration of Transmodal for all your shipping needs
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02/08/11
Hong Kong Fuel Surcharge Update For February 15, 2011
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Please be advised effective February 15, 2011 the fuel surcharge for air cargo moving out of Hong Kong will be increased by all Carriers to the following levels.
$0.82 per kilo / $0.37 per lb (HKD 6.40)
If you should have any questions or need any additional information concerning this matter please contact us at info@transmodal.net
Thank you for your continued support and consideration of Transmodal for all your shipping needs
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12/17/10
Transmodal Customer Advisory- EU AMS Regulations
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The new EU AMS manifest regulations come into effect on January 1, 2011.
These new European AMS regulations are broad in scope and are applicable to your shipments even if they are not bound for a European destination. Be advised that even if your shipments only pass through a European port your cargo is still subject to these new EU AMS requirements. These new regulations also cover shipments bound for the United States, including all air shipments transiting through a European gateway airport
Transmodal's Trade and Customs Services Division is fully prepared for the EU's new broad AMS manifest regulations and we can assist you in making sure all your shipments are in compliance.
Please feel free to contact me if you should have any questions or need any additional information concerning this matter.
Here's wishing everyone a happy holiday season and a safe and healthy new year
Best Regards,
Chris Peterson
Vice President, Customs Brokerage and Regulatory Affairs
Transmodal Corporation
Direct Tel: 201-316-1633
Toll Free: 877-242-7979
Fax: 201-623-2438
chris.peterson@transmodal.net
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12/16/10
Transmodal Holiday Schedule for Christmas & New Year's 2010
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Transmodal's U.S based offices will be closed on Friday December 24, 2010 in observance of the Christmas Holiday.
Normal U.S operations will resume on Monday December 27, 2010.
All U.S based offices will also be closed on Friday December 31, 2010 in observance of the New Year's Day Holiday
Normal U.S operations will resume on Monday January 3, 2011.
We appreciate your understanding in this matter and wish everyone a happy holiday season, and a healthy and prosperous new year.
Thank you for your continued support and consideration of Transmodal
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09/29/10
Update on Labor Action NY/NJ Terminals
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Dear Business Partners,
We have been informed by the NY/NJ Terminals that the work stoppage by the NY/NJ ILA is now over.
NY/NJ Terminals are requesting that labor returns to work @ 1900 hours this evening Wednesday 09/29/10, and expects to resume normal operations @ 0600 hours tomorrow Thursday 09/30/10 at all NY/NJ Terminals
Transmodal will continue to monitor the situation and advise immediately of any changes in the situation as we know more
Should you have any specific questions concerning this matter, please contact your Transmodal representative
Thank you for your continued support of Transmodal Coporation
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09/28/10
Client Advisory - Labor Action NY/NJ Terminals
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Dear Business Partners,
Please find an excerpt from a news announcement from APM Terminals regarding the current situation in the NY/NJ terminals: Please be advised that none of the MarineTerminals in NY/NJ are currently operating due to an illegal work stoppage by the ILA.
Prior to the 6:00 a.m. gate opening, ILA picketers ex Philadelphia arrived at APM Terminals, along with other terminal operators in the port. They are protesting the shift of work from Holt's ILA facility in PHL, to Holt's Teamster operated facility in South Jersey.
Despite an arbitrator's ruling in favor of the employers within NYSA/USMX last evening confirming any recognition of these picketers actions in not crossing the picket lines as illegal, NY/NJ ILA have chosen not to cross the picket lines, and are currently delaying the opening of our, and other marine terminals in the port. to normal business operations.
We are in constant contact with the terminals and will advise when the situation is resolved and terminals will re-open.
Transmodal will continue to monitor the situation and advise immediately of any changes in the situation as we know more Should you have any specific questions concerning this matter, please contact your Transmodal representative Thank you for your continued support of Transmodal Coporation
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07/15/10
Transmodal C-TPAT Update: The Importance of Cargo Security
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Dear Valued Client:
Cargo security remains U.S Custom's prime focus. Over the past year we have witnessed the implementation of the Importer Security Filing program among other things.
We are sending you this email as a reminder of the importance of cargo security. Here are some tips on how you can improve security in your own supply chain:
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Make sure all of your seals are PAS/ISO 17712 compliant.
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If you see or notice anything suspicious (including shortages or overages in your cargo), let us know. We will take appropriate steps to ensure the issue is properly analyzed and investigated.
- Participate in the C-TPAT program
C-TPAT is a partnership between U.S Customs and importers. Importers that participate in the program get benefits such as reduced numbers of cargo examinations.
For a complete list of C-TPAT benefits please click on the following link:
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07/15/10
Customer Advisory-Chittagong Port Update
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To Our Valued Clients:
Kindly note that the Chittagong port situation remains unchanged and not a single vessel can maintain her schedule. As informed earlier, the re-tender process is in place and the last date for submitting bids for the job of berth operators at Chittagong was today July 15th. However the CPA has announced yesterday a one week extension unitl July 22nd as the last date for submitting bids. With this development, we do not anticipate much improvement of port operations in Chittagong moving forward. As a result, the Carriers will continue to impose a PCS (Port Congestion Surcharge) of $100.00 per TEU for the foreseeable future The CPA has also relaxed certain criteria's in the bid process for the berth operator's job to enable a more competitive participation. This may likely result in inadequate or inexperienced companies participating in the bidding process and if awarded the job, apprehensions are high that the quality of the service from the company handling port operations in Chittagong will not be up to the service levels necessary to improve the daily operations within the terminals. With the tender process extended by a week, it is expected that the awarding and implementation will also be deferred and most likely go beyond the beginning of Ramadan, which commences August 10th/11th thus we can expect more slow downs and delays in working vessels over the next few weeks
The CPA is under intense pressure from all parties and we are hoping that they move along with the bid process/implementation as quickliy as possible.
Here is an update on weekly frequency and lead times for most major Carriers servicing Chittagong for your review
1) TO US & CANADA EAST COAST (Canada: HLX, TOR, MON and USA: NYC, SAV, CHS, NFK)
A. OOCL/HL/NYK:
1. Via Singapore: Cut off (Friday) weekly sailing
2. Via Colombo: Cut off (Friday) weekly sailing
B. HANJIN/COSCO/YML:
1. Via Singapore: Cut off(Tuesday) weekly sailing
C. MOL/HYMM/APL/HANJIN:
1. Via Singapore: Cut off (Tuesday) weekly sailing
2. Via Colombo: Cut off (Friday) weekly sailing
D MSC:
1 Via Singapore: Cut off (Tuesday) weekly sailing
E. CMS-CGM
1. Via PKL: Cut off (Tuesday) weekly sailing
F. Maersk:
1. Via TPP: Cut off (Friday) weekly sailing
2) TO US & CANADA WEST COAST (Canada: VCR and USA: LAX/LGB, OAK, SEA)
A OOCL/HL/NYK:
1. Via Singapore: Cut off (Friday) weekly sailing
B. HANJIN/COSCO/YML:
1. Via Singapore: Cut off (Tuesday) weekly sailing
C. MOL/HYMM/APL/HANJIN:
1. Via Singapore: Cut off (Tuesday) weekly sailing
D. CMS-CGM
1. Via PKL: Cut off (Tuesday) weekly sailing
E. Maersk:
1. Via TPP: Cut off (Wednesday) weekly sailing
We will continue to provide updates as we receive more information from our Bangladesh offices.
We thank you for your continued support and consideration of Transmodal Corporation
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06/29/10
Customer Advisory-Transpacific Market Update June 29, 2010
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Our Valued Clients:
We wanted to take this opportunity to provide you with additional information regarding the state of affairs in the Trans Pacific container shipping market.
Ocean freight imports continue to surge beyond current carriers capacity, in May cargo volumes increased 24%. As a result, space on vessels is at an all time premium and carriers continue to increase rates by way of additional surcharges.
Over the last few days, several of the major carriers have announced additional surcharges that will take place between July 15 and August 1.
The worlds largest containerized container carrier, Maersk, announced the following:
Maersk Line will be increasing our Transpacific Eastbound (Far East Asia to the United States and Canada) Peak Season Surcharge (PSS) with an effective date of August 1, 2010. Please see below for rate details:
PSS Levels as of June 15, 2010
$320 per 20' container
$400 per 40' STD
$450 per 40' HC
PSS Levels as of August 1, 2010
$640 per 20' container
$800 per 40' STD
$900 per 40' HC
MSC, the second largest containerized cargo carrier, has also announced the following:
"With capacity tight and vessel demand strong Mediterranean Shipping announced a general rate increase (GRI) on all cargo from the Far East to U.S as of July 18, 2010 :
Far East to U.S. East Coast $320 per 20', $400 per 40', and $450 per 40HC.
Far East to U.S. West Coast $400 per 20', $500 per 40', and $563 per 40HC.
Today, Hanjin announced that as of August 2, 2010, it will double its Peak Season Surcharge to $640 per 20' container'
$800 per 40' container
$900 per 40' HC container
We fully expect the rest of the carriers to announce similar increases in the coming days and weeks as imports continue to surge.
On a positive note, it does appear that the carriers are finally attempting to address the core problem by returning capacity into the trade. Last week Maersk, MSC, CMA, announced that they will re-deploy 6 x 6500 TEU vessels covering Xiamen, Shanghai, Quingdao, Hong Kong, Kaohsiung. We also understand that other carriers are in the process of doing the same.
Transmodal will continue to distribute market updates as they become available to us and we thank you for your continued support for all your shipping needs.
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06/17/10
Additional Vessel Space From Shanghai To U.S West Coast For Week 25
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Please be advised that with continued space constraints and shortage of equipment throughout Asia origins, Transmodal continues to work to secure additional vessel space where available
With that in mind, we are pleased to announce that Transmodal has secured 100 FEU's for the following vessel
Vessel: Hanjin Vancouver
ETD Shanghai port: June 27, 2010
ETA Long Beach port: July 11, 2010
If you wish to secure space on this vessel please contact Transmodal at (201) 316-1611 or email us at info@transmodal.net to confirm booking information and applicable rates for this sailing
As stated the market continues to face a serious lack of space and equipment throughout all Asia origins as we move into the peak shipping season, but be assured that Transmodal is working daily to secure additional vessel space from all Transpacific origins for our clients.
Thank you for your continued suppport and consideration of Transmodal for all your shipping needs
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06/12/10
Hong Kong Fuel Surcharge Update For June 22, 2010
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Please be advised effective June 22, 2010 the fuel surcharge for air cargo moving out of Hong Kong will be decreased by all Air Carriers to the following levels:
North & South America: $0.62 per kilo - $0.28 per lb (HKG $4.80 per kilo)
Europe, Middle East: $0.62 per kilo - $0.28 per lb (HKG $4.80 per kilo)
Africa: $0.62 per kilo - $0.28 per lb (HKG $4.80 per kilo)
Southwest Pacific: $0.62 per kilo - $0.28 per lb (HKG $4.80 per kilo)
Thank you for your continued support and consideration of Transmodal for all your international shipping and supply chain managment needs
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06/01/10
Transmodal adds another licensed Customs Broker to its team
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Dear Valued Business Partner:
I am pleased to announced that Scott Peterson, of our Trade & Customs Services division, has received his U.S. Customshouse Broker License.
We are all very proud of Scott's achievement and with the addition of another Licensed Customs Broker to our team, we will continue to increase the level of service to our clients.
Please join me on congratulating Scott on this important milestone.
Should you wish to learn more about how Transmodal Trade & Customs Services can assist your company with its U.S. Customs and Trade Compliance needs, please visit our website www.transmodal.net or contact us at chb@transmodal.net.
Thank you very much and we appreciate your continued support.
Sincerely,
Max A. Kantzer
C.E.O.
Transmodal Corporation
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05/22/10
Customer Advisory - Transpacific Market Update
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Dear Valued Clients
As we move closer to the Peak Shipping Season out of Transpacific origins allow us to update you on current market conditions
Vessel Space
Pacific Southwest (Los Angeles, Long Beach, Oakland) These U.S destinations continue to be the most challenged when it comes to vessel space from Transpacific origins. Since before the Chinese New Year demand has easily outweighed the supply of space causing the rates to continue to spike as Carriers seek out the highest rate levels when allocating space. As we get closer to the Peak Season we expect things to become even tighter as we see no plans by the Carriers to increase space into these U.S port destinations.
Pacific Northwest (Tacoma, Seattle, Vancouver) Space to these specific destinations continues to be tight even after China Shipping and Evergreen split their joint service into two separate slings, and the CKYH Alliance (Cosco, K-Line, Yang Ming, Hanjin) brought bigger vessels into these destinations. Most of the additional space was needed for a spike in containers bound for Canada, but here again space demands are still running ahead of space availability, and will continue to affect cargo into this region in addition to IPI freight into the Midwest areas of the U.S like Chicago, Memphis, Minneapolis, etc.
All Water Service (U.S East Coast ports) Vessel space to U.S East Coast ports is not as problematic as other regions with the exception of South Florida ports, but the rates continue to increase and the slow steaming of vessels is causing significant increases to the overall transit times that continue to affect things as a whole. Increased capacity by CMA-CGM may alleviate some space issues for Houston, Miami, and Jacksonville, but rates will continue to increase and slow steaming will be continued by all Carriers
Equipment Availability This will likely be one of the biggest challenges as we move into the peak shipping season. Carriers are faced with equipment shortages for 40' HC and 20' containers across the boad and some carriers have already begun to impose equipment repositioning surcharges as to offset the cost of shipping empty containers back into Transpacific origins. These continued container shortages are also delaying the Carriers decision to increase vessel capacity in the Transpacific markets which will only result in continued space demands and rate fluctuations moving forward
Peak Season Surcharges Carriers have already begun announcing that the PSS surcharges will go in effect either on June 1st or June 15tt, depending on the carrier, which is obviously 2-4 weeks earlier then the past August 1st start date. Peak Season Surcharge levels of $320.00 per 20', $400 per 40', $450.00 per 40' HC, and $500.00 per 45' have been announced by several Transpacific carriers already
Transmodal will continue to monitor the situation and keep you updated as we know more
Should you have any questions concerning the same, please do not hesitate in contacting us at anytime
We thank you for your understanding in this matter, and for your continued support of Transmodal for all of your shipping needs
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05/21/10
Customer Advisory - Chittagong Port Operations
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Dear Valued Clients
Please be advised that as of May 12, 2010 the Chittagong Port Authority (CPA) in Bangladesh has taken over management of Chittagong Port operations which has resulted in a negative impact concerning the daily operations at the terminal
Feedback from various port operators including shipping lines, stevedores, and feeder operaters is making it clear that vessel schedules to and from Chittagong port are being affected
Labor unrest continues to develop as workers are not reporting to work as scheduled
Vessels are being forced to sit idle resulting in discharge and loading times going from the standard 2-3 days to as high as 4-6 days. These delays will no doubt have a negative impact on the sailing schedules of feeder vessels out of Chittagong that are schedule to connect with mother vessels
The BSAA (Bangladesh Steamer Agents Association) and the CPA (Chittagong Port Authority) had a meeting early this week where the BSAA listed their demands to the CPA that will allow normal port operations to resume
The CFTC (Chittagong Feeder Trade Committee) held meetings in Singapore and it is believed by many that port congestion surcharges will soon be imposed by the Carriers due to the continued delays of vessels at Chittagong and the subsequent negative impact on the schedule intergrity of those slings calling Chittagong
Transmodal will continue to monitor the situation and keep you updated as we know more
Should you have any questions concerning the same, please do not hesitate in contacting us at anytime
We thank you for your understanding in this matter, and for your continued suppport of Transmodal for all of your shipping needs
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04/01/10
Hong Kong Fuel Surcharge Update For April 6, 2010
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Please be advised effective April 6, 2010 the fuel surcharge for air cargo moving out of Hong Kong will be increased by all Air Carriers to the following levels:
North & South America: $0.62 per kilo - $0.28 per lb (HKG $4.80 per kilo)
Europe, Middle East: $0.62 per kilo - $0.28 per lb (HKG $4.80 per kilo)
Africa: $0.62 per kilo - $0.28 per lb (HKG $4.80 per kilo)
Southwest Pacific: $0.62 per kilo - $0.28 per lb (HKG $4.80 per kilo)
Thank you for your continued support and consideration of Transmodal for all your international shipping needs
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03/23/10
C-TPAT participants to get "front-of-the-line treatment" on port examinations |
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Dear Valued Client,
As you know, the Customs-Trade Partnership Against Terrorism (C-TPAT) is a voluntary government-sponsored program designed to facilitate safe trade between the U.S and its Trading Partners.
The major criticism of the program has been the apparent lack of benefits for Importers. However U.S Customs has recently announced that C-TPAT participants will begin getting "front-of-the-line treatment" on port examinations.
We at Transmodal would like to congratulate all of those Importers that are current members in the C-TPAT program, particularly those that Transmodal has enrolled.
If you are not currently a C-TPAT member, we encourage you to participate in the program.
If you would like assistance in entering the program or would like more information about the program, please do not hesitate in contacting me at chris.peterson@transmodal.net.
Best Regards,
Chris Peterson
Vice President, Customs Brokerage and Regulatory Affairs
Direct Tel: 201-316-1633
Toll Free: 877-242-7979
Fax: 201-623-2438
chris.peterson@transmodal.net
www.transmodal.net
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02/26/10
Hong Kong Fuel Surcharge Update For March 3, 2010 |
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Please be advised effective March 3, 2010 the fuel surcharge for air cargo moving out of Hong Kong will be decreased by all Air Carriers to the following:
North & South America: $0.57 per kilo - $0.26 per lb (HKG $4.40 per kilo)
Europe, Middle East: $0.57 per kilo - $0.26 per lb (HKG $4.40 per kilo)
Africa: $0.57 per kilo - $0.26 per lb (HKG $4.40 per kilo)
Southwest Pacific: $0.57 per kilo - $0.26 per lb (HKG $4.40 per kilo)
Thank you for your continued support and consideration of Transmodal for all your international shipping needs
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01/27/10
TRANS PACIFIC MARKET UPDATE |
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Dear Valued Client,
Further to our communication of 12/18/09, regarding the implementation of the Emergency Revenue Surcharge (ERC), it appears, the Trans Pacific carriers will now impose another round of rate increases due to the surge of cargo, coupled with the dramatic reduction in capacity.
Trans Pacific capacity has been reduced by, in some cases, over 50% compared to the 3rd and 4th quarters of 2009, during this same period, cargo volumes have surged by 25% to 35%. The result is now vessel space in the Trans Pacific is extremely tight, and we are getting increased notifications of bookings being rejected or containers are getting rolled. Several, well placed members of the shipping community have likened the current situation to that of 1997/98, where the Trans Pacific market saw space shortages, two to three week backlogs and rate increases of $1000 to $1500 per container.
Many carriers have already announced that as of February 1st (or sooner) they will apply an immediate rate increase of $350 to $450 per container to accept bookings, and if the cargo surge continues past Chinese New Year, they could conceivably impose additional increases at that time.
Transmodal will continue to monitor the situation and contact you in order to keep you updated on the situation.
Should you have any questions, please don't hesitate to contact us.
We thank you for your understanding and look forward to being of continued service
Sincerely
Max A. Kantzer
Transmodal Corporation
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01/27/10
Requesting Rate Quotes From Transmodal Corporation |
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To Our Valued Overseas
Agents, Representatives, and Business Partners.
Everyone here at Transmodal understands the importance of supporting our overseas network and providing our business partners with the tools necessary for them to pursue business opportunities within their specific origins. Opportunities that ultimately benefit both parties if in fact the business comes to fruition.
With that in mind, we are pleased to announce that Transmodal will be implementing a new process for providing our overseas Agents, Representatives, and Business Partners, with rate quotes that they may require at any given time, for any of the services we provide.
Effective February 1, 2010 any requests for a rate quotation to Transmodal Corporation should be sent to the following email address
rates@transmodal.net
This includes rate requests for the following services we provide
FCL Export Cargo from the U.S to points Worldwide
LCL Export Cargo from the U.S to points Worldwide
FCL Import Cargo from points Worldwide into the U.S
LCL Import Cargo from points Worldwide into the U.S
Air Export Cargo from the U.S to points Worldwide
Air Import Cargo from points Worldwide into the U.S
FCL Inland trucking within the U.S
FTL Inland trucking within the U.S
LTL Inland trucking within the U.S
Warehouse services within the U.S
U.S Custom's Brokerage Services
Cargo Insurance Rate Requests
Streamlining all the rate requests we receive from our overseas network into one general e-mail address will allow us to provide complete rate quotes in a timely and efficient manner to all our overseas Agents, Representatives, and Business Partners.
If you should have any questions or need any additional information about our new rate request process, please do not hesitate in contacting us at anytime
Thank you all in advance for your understanding and cooperation in this matter
Sincerely,
Anthony Ambrosio
Vice President Sales & Marketing
Transmodal Corporation
Tel: (201) 316-1611
Anthony.Ambrosio@transmodal.net
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01/23/10
Hong Kong Fuel Surcharge Update For February 1, 2010 |
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Please be advised effective February 1, 2010 the fuel surcharge for air
cargo moving out of Hong Kong will be increased by all Air Carriers to the following:
North & South America: $0.62 per kilo - $0.28 per lb (HKG $4.80 per kilo)
Europe, Middle East: $0.62 per kilo - $0.28 per lb (HKG $4.80 per kilo)
Africa: $0.62 per kilo - $0.28 per lb (HKG $4.80 per kilo)
Southwest Pacific: $0.62 per kilo - $0.28 per lb (HKG $4.80 per kilo)
Thank you for your support and consideration of Transmodal for all your international shipping needs's
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