by Alex Pappas | Mar 9, 2018 | Supply Chain Dictionary
What is Harbor Maintenance Fee (HMF)? Definition The Harbor Maintenance Fee (HMF) is a fee imposed by U.S. Customs and Border Protection (CBP) for U.S. imports shipped via ocean freight. It is charged at 0.125% of the value of the commercial cargo shipped through...
by Alex Pappas | Mar 7, 2014 | Logistics, Ports, Week in Global Logistics
Australia Leads Trade in Services Agreement – Australia is leading negotiations on a services-only free trade agreement with the United States and the European Union known as the Trade in Services Agreement (TiSA). Since discussions began in 2013, participation in the...
by Alex Pappas | Dec 16, 2011 | Week in Global Logistics
Occupy Protestors March on West Coast Ports – This week, the Occupy Movement marched on West Coast Ports disrupting cargo operations at Oakland and Portland resulting in heavy backlogs. At Portland about 325 International Longshore and Warehouse Union workers and 200...
by Alex Pappas | Oct 18, 2011 | Supply Chain Dictionary
Definition – Less than Container Load. A term used to describe the transportation of small ocean freight shipments not requiring the full capacity of an ocean container – Usually less than 20 CBM (cubic meters). A freight forwarder may create a...
by Alex Pappas | Apr 8, 2011 | China, Ports
The Port of Hong Kong is one of the largest import and export container ports in Asia. The port’s geographic location makes it an ideal economic gateway to mainland China. Sheltered by Victoria Harbor, its deep waters provide excellent conditions for a large variety...