|May 24, 2021 |
Alba’s EVP for Growth and Strategy Vince Iacopella last Wednesday moderated a panel featuring Dr. Noel Hacegaba, Chief Operating Officer of the Port of Long Beach, David Libatique, Deputy Executive Director, Stakeholder Management for the Port of Los Angeles and the PCC’s “Our Man in DC,” insider Peter Friedmann. The key takeaways from the panel’s discussion during Orange County’s World Trade Week were that the talks were “groundbreaking” in bringing to the fore issues that the trade community is having and a commitment by the ports to looking to continue stakeholder discussions to further delve into the underlying issues. The presentation can be accessed here on GoToWebinar. Please note that you will need to provide your name and email address and this panel discussion begins at the 1:07:00 mark of the recording.
Institute report lays out foundation and strategy for data and security. The pandemic accelerated what was already a move towards E-Commerce and regulatory changes in the United States in particular in the mid 2010’s contributed to companies making the final mile more like the final “thousands of miles”. But staying ahead of bad actors in an advancing technological society isn’t easy. How can nations ensure safe and secure e-Commerce between each other?
DHS INSTITUTE REPORT ON E-COMM AND HOW ALBA IS INVOLVED
Infrastructure should include nationwide information sharing for supply chains.
Gene Seroka, the head of the Port of Los Angeles, has said he plans to share with President Biden his intention that there should be a nationwide information sharing system that aligns landside ports, rails and trucks with arriving and departing shipping schedules to prevent a future repeat scenario of the challenges that companies are facing today. (Image credit: Gene Seroka bio page, POLA)
Textile, apparel and footwear companies who source from Bangladesh should prepare their supply chains for upstream delays caused by Eid ul Fatr celebrations. A vessel backlog is currently plaguing exports because the port was closed for the entirety of last week during the holiday. The Loadstar reported Tuesday there were 28 container vessels at the port, 17 of which were at the outer anchorage. Container congestion on the port is also slowing operations.
In more FDA news from our last newsletter, the agency has opened a portal where FSVP importers are able to electronically submit documents showing compliance for their foreign food suppliers. The portal can directly be accessed here. The agency’s announcement is here. If your company is unsure about the full regulatory requirements under the FSMA, contact our SVP, Food and Beverage, Moe Elshafi to learn more and for a consultation.
GSP and MTB renewals coming soon? Reporting from one of our industry news sources states that Senator Ron Wyden (D-OR) who chairs Senate Finance has announced his intention to introduce a bill that would renew GSP through January 1, 2027 and the Miscellaneous Trade Bill through the end of 2023. In the face of soaring freight rates, these would be two legislative vehicles to reduce landed costs and for importers from lapsed GSP countries, get a refund of duties they are paying today.
- Posted by Joe DeSilvetri
- On May 26, 2021
- 0 Comments