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

 

 

Unique Logistics International (ATL) LLC

WWW.ULI-ATL.COM

 

Line On Logistics

 

12/23/2008                                

Volume 1, Number 3

 

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

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?

 

www.oceanschedules.com

want to find a particular voyage and vessel sailing, we can help!

 

www.federalregister.com

Click to view the federal register’s publishing of 10+2 Importer Security Filing

Contact Us

 

Market Trends


TRANSPACIFIC TRADE DECLINES.

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:

No later than 24 hours before cargo is laden aboard the vessel at the foreign port:
o     Seller
o     Buyer
o     Importer of record number/FTZ applicant ID number
o     Consignee number
o     *Manufacturer (or supplier)
o     *Ship to party
o     *Country of origin
o     *HTS number

As early as possible but no later than 24 hours prior to arrival:
o     Container stuffing location
o     Consolidator (stuffer)

The rule goes into effect January 26, 2009. For one year, Customs & Border Protection (CBP) is offering a delayed compliance period where they will show restraint in enforcing the rule. CBP will take into account difficulties that importers may face in complying with the rule as long as importers are making a good faith effort and satisfactory progress toward compliance. Full enforcement will take effect January 26, 2010

Who is Edwin Lake?

 

Edwin Lake joined Unique’s staff almost six years ago and besides a short transition back to his roots in Newberry, South Carolina, he has called Atlanta home.  After graduating from the Citadel in Charleston, SC, Edwin joined P&O Nedlloyd Steamship lines and embarked on a career in International Logistics.  The desire to further expand his role and knowledge of International Trade brought him to Unique Logistics, where he quickly became a major asset.  Now married with three children, (Madelyn, Mattison, and Manning), Edwin lives a very busy life indeed.  However, it seems he can always find the necessary time for a round of golf or two.  In addition, hunting and football season will surely occupy a great deal of his time as well.