An iPhone assembler, e-commerce emporium and real-estate developer typically don’t compete in the same business — except when it comes to electric vehicles in China.
The “IMO Scramble” isn’t the name of a new breakfast dish at a fast-food restaurant. It describes the plight of ocean carriers, who find themselves woefully unprepared for a new mandate on switching to cleaner-burning fuel.
President Trump wants to allow natural gas to be shipped in railroad cars, a move that would open new markets hungry for the fuel but could risk catastrophic accidents if one were to derail.
Challenge: A U.S. furniture importer with over 100 shipments per month from China experienced costly demurrage and delays due to untimely entry filings. Lengthy and complex invoices made it difficult to determine whether the goods — which included bed parts and other furniture components — should be classified as individual parts, complete beds or other complete furniture items. These time-consuming entries resulted in late filings, and the delays put the company at risk for chargebacks from big-box retailers.
Pretty much everyone from farmers in the American grain belt to importers of technology products wants an end to President Trump’s trade war with China.
For more than two years, the clock ran down toward March 29, the day Prime Minister May pledged Britain would leave the European Union. As the drama rolls on, the costs mount from the Brexit day that wasn’t.