CLIFF NOTES 

Top Logistics Headlines This Week

Domestic Freight Management

Van And Reefer Rates Stabilize After Hurricane Florence

Recently, shipping activities began to return to normal in North Carolina and South Carolina. According to the DAT, pricing is also expected to stabilize in the near future. See more here.

California Port Drivers, Warehouse Workers Strike

The latest reports indicate that drayage truck drivers, warehouse workers and their supporters are expected to participate in protests near the Port of Los Angeles and the Port of Long Beach. The strikes are aimed at ending what protesters are calling, "exploitation and misclassification of workers." See more here.

United States, Canada And Mexico Reach Agreement In New Trade Deal

The United States, Canada and Mexico reached a new trade deal called the United States-Mexico-Canada Agreement (USMCA). While there are certain areas that changed over previous trade deals, many components of NAFTA will remain in the USMCA. See more here.

Tariff Talk: Making Sense Of The Effects Of S232 And S301 Tariffs On Duty And Bonds

Duty liability for importers is increasing. To better manage duty outlay as well as credit terms with brokers, importers are encouraged to apply for and begin managing their own duty payments to CBP with the assistance of their broker during the statement process. See more here.

Low-sulfur Fuel Prices Won't Be Clear To BCOs Until Next Year

The container shipping industry is not expected to know the full cost of low-sulfur bunker fuel needed for ocean carriers until early to mid-2019. Meanwhile, the new global mandate for low-sulfur fuel takes effect within the next 14 months. See more here.

Retail Consolidation

Walmart Optimizes Digital Supplier Content

Recently, Walmart announced intentions to improve suppliers' product content syndication through its Content Analytics platform. This will enable suppliers to scale content from Walmart's catalog so they better integrate their internal processes. See more here. 

Walmart Plans To Acquire ELOQUII Clothing Brand

Walmart announced intentions to aquire the ELOQUII clothing brand. Walmart believes that acquiring a brand with a wide variety of clothing types will allow them to better serve their customers' existing and future needs. See more here.