Industry Insights
\Beginning July 1, 2016, the International Maritime Organization (IMO) approved amendments to The International Convention for the Safety of Life at Sea Convention (SOLAS), requiring that shippers verify gross container weight prior to shipping. The requirement will become not just international law under the IMO but also national law within the 170 countries and three […]
The International Longshoremen’s Association (ILA) has walked off the job at all of the terminals at the Port of NY/NJ due to a labor dispute. All of the terminals are shut down as of now. The walkout began about 10 a.m. on Friday, and reportedly affected all port terminals. Trucking company dispatchers advised drivers to […]
Roanoke Trade, a leader in providing custom insurance solutions for transportation and logistics providers, is honored to be sponsoring the National Customs Brokers & Forwarders Association of America, Inc.’s (NCBFAA) annual $5,000 scholarship. The scholarship is available to a high school seniors or undergraduates at an accredited college or university. This is the 23rd year […]
The Federal Bureau of Investigation (FBI) last September issued a pair of warnings concerning fraud schemes that involve email, wire transfers, checks, and international businesses. The targets of these schemes are typically firms that work with foreign suppliers and those that perform wire transfer payments, including those in the transportation and global logistics services industry. […]
The U.S. Foreign-Trade Zones Board in its Annual Report to Congress released its 2014 export figures earlier this year, indicating a record-high $99.2 billion in merchandise exported. This represents an increase of 24.8% in the value of exports from America’s Foreign-Trade Zones (FTZs). The 2014 figure also represents a threefold growth of FTZ exports in […]
Late last month, the U.S. Department of Transportation’s Federal Motor Carrier Safety Administration (FMCSA) released its final rule on regulations that prohibit motor carriers, shippers, receivers, or transportation intermediaries from coercing drivers to operate commercial motor vehicles in violation of certain provisions of the Federal Motor Carrier Safety Regulations (FMCSRs). In addition, the rule prohibits […]