From: David Hickmott [DHickmott@uli-atl.com]
Sent: Monday, December 22, 2008 5:21 PM
To: David Hickmott
Cc: David Hickmott; David Hickmott
Subject: Unique: Line On Logistics
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Unique Logistics
International (ATL) LLC |
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Line On Logistics |
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12/23/2008
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Volume 1, Number 3 |
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In This Issue · Have you noticed that Fuel Prices are still on the decline? How does this affect your ocean containers? · BAF/Bunker updates · TSA is showing 770.00 per 40’ ctnr for the coming month of January 08’. · Why????????? · BAF is calculated based on the average price per metric ton from the previous month. (July for September, etc) The adjustment is announced 30 days prior to the adjustment date. The source of current fuel price can be found at www.tsacarriers.org · Get to Know our Staff · We will continue to highlight our staff in future articles so that you can get to know who we are a little bit better. This month we take a look into the life of Edwin Lake. Next month we will be introducing Michelle Spates! Industry in this Issue Link to a Web page Transportation News Today Link Category Title What should I be paying for Bunker on my ocean Containers? Direct link to our website providing many invaluable resources plus direct links to contact us! What can you do with an empty container? want to find a particular voyage and vessel sailing, we can help! Click to view the federal register’s publishing of 10+2 Importer Security Filing Contact Us Unique Logistics
International (ATL) LLC. Website: www.uli-atl.com Phone: (404)
767-5000 Fax: (404)
767-4777 Address: Unique
Logistics International, 510 Plaza dr. Ste 2290, Atlanta, GA 30349 |
Market
Trends
Container lines have seen a continuing, accelerating decline in cargo volumes throughout 2008, down 1.1% in the first quarter; down nearly 6% year-on-year for the first half; and down more than 7% year to date through the third quarter. Volumes through August 2008 totaled 4.24 million 40-foot container (FEU), down from 4.52 million for the same period a year earlier. U.S. recession - a combination of mortgage foreclosures, falling home prices and sales, rising unemployment, tight credit and depressed asset values - has cut sharply into consumer confidence and demand, which drive much of the U.S. import merchandise trade from Asia. TSA carriers anticipate as much as an 8% decline in traffic for 2008 relative to 2007, improving in 2009 to more or less flat cargo growth, and eventually recovering in early 2010. A growing share of container traffic shifted to East Coast all-water service in 2008, in part to avoid potential labor disruption as longshore contract negotiations proceeded through August, and also in response to higher rail intermodal rates, and a shortage of long-haul trucks and drivers as an alternative.To an extent all-water service is limited by Panama Canal capacity constraints, although Suez Canal service has recently gained in share as well. ISF
(10+2) Hits Federal Register
The long awaited final rule for 10+2, also known as the Importer Security Filing (ISF) has been published in November 25th’s Federal Register. There are some significant changes from the proposed rule which came out in January. Approximately 200 comments were submitted by the public. The goal of 10+2 is to enhance Customs' ability to identify high-risk shipments. The importer is responsible for the first 10 data elements. The steamship line is responsible for the "+2" data elements. The timeframes to submit the importer data elements are as follows:
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