Breathing Room Granted: USTR Extends Section 301 China Tariff Exemptions
In a timely move, the U.S.Trade Representative (USTR) has given businesses a generous buffer by extending the Section 301 Tariff Exemption list all the way to the close of 2023. Beating the previous deadline of September 30th by a comfortable margin, this extension ensures a tariff-free horizon for the 301 list as we head into […]
Hurricane Season Unleashed: How to Steer Your Business Safely
The hurricane season has swung into action, presenting its customary flurry of activity. So far, it has tread lightly around vital hubs for the chemical industry, sparing them from its full power. However, it hasn’t shown the same mercy to other parts of the country, unleashing destruction in its wake. Recently, all eyes are on […]
EPA Mandates TRI Reporting for DINP Despite Limited Scientific Backing
On July 13th, 2023, the EPA finalized a rule adding DINP to the TRI Reporting requirements under the EPCRA and PPA acts. The ruling does not impact being able to use DINP in the United States, it is an inventory reporting requirement. Despite significant opposition from industry groups, regulatory bodies, producers, end-users, processors and more, […]
Yellow’s Unexpected Bankruptcy Creates Ripples in U.S. LTL Shipment Industry
Yellow, a stalwart in the U.S. LTL (less than truckload) transportation sector for nearly a century and responsible for 10-15% of the nation’s LTL capacity, has recently filed for bankruptcy, according to NBC. This decision, precipitated by persistent financial challenges and notwithstanding attempts at government assistance, has left a vacuum in its wake, with staff […]
Notable Uptick in Materials & Fuels Prices: Key Factors to Consider
Recent market observations have identified a significant 10% escalation in Crude Oil prices over the past month, ABC reports. This development, a notable departure from the price stability witnessed in the past year, is subsequently affecting both material costs and associated freight charges. Contributing to these shifts are a combination of factors, most notably the […]