This is an update on the current situation regarding outbound and inbound space, equipment and rates for your exports and imports. The situation has reached critical levels. Covid-19 manpower reductions at ports and airports, lack of space by ocean and by air due to record shipping demand and carrier schedule reductions, port and rail congestion in the USA, trucker shortages in...
Due to ongoing Export Compliance changes instituted by the U.S. Federal Government, all shipments with destinations of China, Russia or Venezuela must now adhere to the below documentation requirements: Effective June 29, 2020, shipments tendered from the U.S. to China, Russia, or Venezuela must include either of the following: Proof of AES EEI filing Internal Transaction Number (ITN) ECCN or EAR99 for...
LR INTERNATIONAL- Services designed to help your company with International Shipping & Logistics during the Coronavirus Pandemic! LRI is fully operational at our Chicago IL USA HQ offices and warehouse facility as well as our 13 other North American warehouses and our partner facilities in 130+ countries around the world! Here are some of the things we are doing to protect...
Illinois has moved to a "Shelter in Place" order as of Midnight March 21, 2020. This means stay at home except for essential businesses and essential tasks/errands. LR INTERNATIONAL as part of the Freight Forwading and Customs Broker Industry is considered essential to Trade. LRI also warehouses relief goods for the American Red Cross and must be open to facilitate the...
USA: Cargo is still able to move within the USA with very little disruption. Airports and seaports are open and operating but COVID 19 response and checking the health of individuals causes delays. Air cargo passenger flight options to much of the world for export are very limited. All cargo space on aircraft is slowly increasing as airlines shift service...
Airlines institute emergency peak season surcharge on cargo until further notice due to the COVID 19 crisis Most air cargo will now be subject to a $1.00 per kg peak season surcharge with a minimum peak season surcharge of $50.00 and no maximum. Most LRI airfreight quotations for export and import issued within the last 30 days and those going forward...
Airfreight space is shrinking, and airfreight rates are rising sharply. Plan to use ocean freight service or expect your airfreight to take a lot longer and cost a lot more The shipping industry continues to pivot around many country’s changing policies to combat the Coronavirus COVID-19. As countries including the USA put travel restrictions and bans into place, companies like LRI...
The ongoing trade war between The United States and China has seen little accomplished since January 1, 2019 when the next round of increased duty/tariffs on Chinese made goods was set to take effect. Due to stalled negotiations on several points, The Trump Administration announced that as of 12:01 am May 10 the planned move from 10% penalty tariff to...
In a historic meeting between U.S. President Donald Trump and China’s President Xi Jinping and their staffs, the two leaders agreed to a “cease fire” in the trade war that has been escalating and causing major trade and supply chain disruptions for most of 2018. While current tariffs and barriers will remain, a continuing escalation of new deeper tariffs from...
LR INTERNATIONAL would like to thank all customers, vendors and friends for making 9 years of toy drives and pet food drives a huge success. We collected and donated several thousand toys in those 9 years and many pounds of dog food, cat food and pet products. This year, we are changing things up and will collect non-perishable food items for...