CT-TRANS INTERNATIONAL

Shanghai Chengtai International Freight Forwarding Co., Ltd. is a domestic freight forwarding company affiliated to the Ministry of Communications and qualified as a non-vessel carrier. It has been approved and registered by the Shanghai Administration for Industry and Commerce. It is a large enterprise specializing in international freight forwarding and providing logistics services approved by the State Ministry of Foreign Trade and Economic Cooperation. It is an international freight forwarding company with sound service functions and perfect transportation network. Network and logistics service network, wholeheartedly for domestic and foreign enterprises and users to provide international freight forwarding and third-party logistics services.

Chengtai International provides professional import and export logistics services for customers by sea and air. It also provides competitive prices and high-quality services. With many years of professional experience, massive logistics resources and convenient overseas network, Chengtai International creates one-stop logistics solutions tailored to customers, reduces customer logistics costs and improves logistics efficiency.

The company is built with famous shipping companies such as HANJIN, K-LINE, APL, MAERSK, COSCO, CMA, EMC, etc. The company has established a long-term cooperative relationship, with Shanghai as its point of departure, and freight forwarding service points radiating globally in the United States. Canada, Britain, France, Germany, United Arab Emirates, Taiwan, Hong Kong, Iran, Oman, Kuwait, Jordan, South Africa and other countries have their own freight forwarding service points. The truck fleet under the freight forwarding Department of the company. Stack yard, customs broker and other service windows to provide you with more dedicated services. The company attaches great importance to commercial reputation. Timely opening up business network, adhere to the implementation of quality services, in the market competition is growing.

USTR sets 90-day deadline for China tariff exclusion requests

USTR sets 90-day deadline for China tariff exclusion requests[]

2018/07/09

WASHINGTON, July 6 (Reuters) - Companies seeking product exclusions from tariffs on Chinese goods imported into the United States will get 90 days to file such requests, until Oct 9, the U.S. Trade Representative’s office said on Friday.Just hours after it activated 25 percent tariffs on some $34 billion worth of Chinese imports, USTR said any exclusions granted would last a year and be retroactive to Friday.“In making its determination on each request, USTR may consider whether a product is available from a source outside of China, whether the additional duties would cause severe economic harm to the requestor or other U.S. interests and whether the particular product is strategically important or related to Chinese industrial programs, including ‘Made in China 2025,’” USTR said.Once a request is filed and posted on www.regulations.gov, public responses will be collected for 14 days, with an additional seven days for rebuttals.“Because exclusions will be made on a product basis, a particular exclusion will apply to all imports of the product, regardless of whether the importer filed a request,” USTR said.The tariffs were activated on a list of 818 product categories, including cars, computer disk drives, pump and valve parts and light-emitting diodes under the Trump administration’s “Section 301” investigation into China’s intellectual property and technology transfer practices and high-technology industrial subsidy programs. (Reporting by David Lawder; editing by Jonathan Oatis)

Most Port Terminals Run Out of Soybeans: Brazil Strike Update

Most Port Terminals Run Out of Soybeans: Brazil Strike Update[]

2018/05/30

Brazil’s trucker strike entered the ninth straight day amid signs that the protests may be shrinking.While there’s no official data yet on the number of the blockades across the country on Tuesday, industry reports indicated that many were halted after the government signed decrees meeting trucker demands. Local media said protests persist in several states.Brazil terminals run out of soybeans Most export terminals ran out of soybeans for shipmentsscheduled for Tuesday and Wednesday, Lucas Trindade de Brito, manager at export group Anec, said in a telephone interview.Grain-truck traffic resumed slowly on Tuesday, though new supplies haven’t arrived yet to export terminals.Political protests prevent end of strike Protests are becoming politically motivated as truckers return to work after the government met their demands, Brazil Chief of Staff Eliseu Padilha said at a press conference in Brasilia.Earlier, Jose da Fonseca Lopes, head of the largest trucker union, said the strike continues because of the interest of “people who want to overthrow the government.”Truck flow to main export terminals still haltedPorts at Santos, the main source for grain exports, and Paranagua, the second-largest, haven’t received any cargoes by truck on Tuesday, according to authorities for both terminals.Truck grain transportation resumes slowly: AbioveSoybean and soybean-meal transportation slowly returned to normal in some parts of the country, Daniel Furlan Amaral, a manager at industry group Abiove, said in a telephone interview.“I believe the situation in all of the country will slowly move to normal in the coming days,” he said.source: bloomberg

US and China put trade war 'on hold'

US and China put trade war 'on hold'[]

2018/05/22

Steven Mnuchin, US Treasury secretary, says negotiations over tariffs with China have borne fruit Steve Mnuchin says: ‘We have agreed to put the tariffs on hold while we try to execute the framework.’ Photograph: Jae C Hong/APAmerica has pulled back from launching a trade war with China that could have destabilised the global economy, by agreeing to put proposed tariffs on Chinese imports “on hold”.The Treasury secretary, Steven Mnuchin, said on Sunday that negotiations with Chinese officials have borne fruit, meaning Washington and Beijing can step back from imposing punishing tariffs on each other’s exports.“We’re putting the trade war on hold, right now, we have agreed to put the tariffs on hold while we try to execute the framework,” Mnuchin told Fox News.The breakthrough came after two days of talks between Mnuchin and China’s vice-premier, Liu He, in Washington last week.Mnuchin said that the US has won several commitments from Chinese officials that should cut America’s trade deficit with China, which hit $375bn (£278bn) in 2017. However, Beijing has not agreed to cut the deficit by a particular amount, despite the Trump administration pushing for a $200bn reduction.In a statement, the two sides said they had reached “a consensus on taking effective measures” to cut the US trade deficit in goods with China.“To meet the growing consumption needs of the Chinese people and the need for high-quality economic development, China will significantly increase purchases of United States goods and services,” they said.Xinhua, China’s state-run news agency, said the US-Chinese statement amounted to a vow “not to launch a trade war against each other”.Last month, the US and China announced a series of tit-for-tat tariff measures that, if implemented, could have triggered a full-blown trade war. The Trump administration announced 25% tariffs on more than a thousand Chinese products – from robots and depleted uranium to aircraft parts and dishwashing machines.Rather than be cowed, China swiftly hit back with proposals for tariffs of 25% on 106 American products including soybeans, cars and chemical products. This could have hurt farmers in America’s agricultural sector and manufacturers in the “rust belt” – two key election battlegrounds.None of these tariffs have yet come into effect, meaning China and the US can step back from a conflict over trade.The prospect of a trade war between the world’s two biggest economies has weighed on the financial markets in recent weeks, so investors will be relieved that a breakthrough has been reached.But Tai Hui, JP Morgan’s chief market strategist for Asia Pacific,warned that this is unlikely to be the end of tension between the two countries.“Historical precedents suggest the U.S. could re-engage with China on trade issues if it sees China dragging its feet on fulfilling its pledges. Moreover, the last three months have further exposed Washington’s concerns over China’s advancement in technology and its threat as a competitor, both commercially and strategically,” said Hui.“It’s like a back pain that never goes away. It was a shock in the first instance it happened, but then life goes on as the most acute symptoms are addressed. The good news is that markets should learn to live with it and consider its impact more rationally.”America is battling trade issues on several fronts. It has already imposed tariffs on steel and aluminium imports, with European countries pushing for an exemption. Trump is also demanding a new trade deal with Mexico and Canada.Mnuchin, though, says efforts to renegotiate Nafta (the North American free trade agreement) could run until 2019 as negotiators are “still far apart”.

South African Strike Shuts Plants, Disrupts Public Transport

South African Strike Shuts Plants, Disrupts Public Transport[]

2018/04/28

A strike by South African unions to demand an increase to the proposed national minimum wage shut down vehicle manufacturing plants and disrupted public transportation in some of the nation’s main cities.Several thousand people joined protests in Johannesburg and Cape Town, while marches were also staged in four other cities. Protests were staged in Johannesburg, Pretoria, Cape Town, Port Elizabeth and other cities.It's worthy for foreign freight forwarders to note that the South African Customs has fully implemented the “Customs Control Act of 2014” on April 20 this year.↑ from HAMBURG SUDThe main contents of implementation include that shipping notifications must be sent to Customs via electronic data 24 hours prior to shipment packing (departing/entry/ships transiting South African ports) in a complete, correct format.

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