Trans-Pacific Import Trade Update August 16, 2018

Dear Valued Client;

The Trans-Pacific Import market remains robust. In addition to the historical surge of import volume during this time of year we opine that the ongoing dialogue between the world’s two largest GNP’s on tariffs is creating a rush to get goods entered into the USA prior to scheduled potential tariff increases. Although no final date has been confirmed for pending tariff increases, we anticipate the issue will not be concluded until late September or October thus continuing the volume surge through September and potentially October in an effort to potentially avoid duty increases.

Container carriers are fully booked for the foreseeable future. Rates have adjusted to reflect current trading conditions.

The historical additional pitfalls of a peak season will also most likely impact your supply chains. Lack of truck availability, terminal congestion and equipment shortage at origin will potentially raise their ugly heads in the near future.

Challenges will continue. USPTI is prepared to assist in your effort to minimize your expose to these external forces by continuing to offer quality reliable service at market driven rates.

Our dedicated staffs in both the USA and China are committed to assisting in your efforts to minimize any potential disruptions to your import program.

Thank you for your support.

Please contact your USPTI representative with any concerns or comments.