With over 30 years experience in handling clients who wish to import goods from India, it’s easy to see why so many clients choose us to move their freight. With a dedicated team who will handle as little or as much of the process as you require we are always on hand to help. We know the importance of your shipment to you and that’s why we keep in touch every step of the way with our tracking system that follows your cargo for the journey.
We deal with clients from across the globe, many of whom import from the USA. Our team has vast experience in dealing with shipping services coming into the UK and are happy advise on the best way based on your budget and time constraints.
Transit time from can vary depending on the locations of the port you are exporting from and also the UK location but transit times tend to be between 10 and 12 days.
The main media outlets have comprehensively covered the ‘Trump 25 % duty rate’ and for companies in the trade it is worth going into more detail.
Firstly, the 25% rate applied from 10 May 2019 but for shipments that left from China before that date and are already in transit the previous 10% duty rate will apply.
The higher duty rate of 25% ONLY applies for imports from China to the USA.
Terms of sale are almost universally used when trading internationally. When importing from China or importing from India, by air or by sea freight, terms of sale, whilst not incorporated in law do provide clear lines regarding responsibilities and who pay what costs in international freight.
There are some anomalies, not surprising really as Incoterms where first introduced in 1936 and they always seem to struggle to keep up with international trade despite numerous re-writes.
Whether it’s due to Brexit fears or maybe just a lack of business confidence, freight volumes from China and the Far East are in the doldrums. The consortiums of shipping lines have tried to push rates up by restricting capacity so in the process 115000 TEU (20ft equivalent units) of container slots have been removed from circulation by cancelling sailings and either mooring up ships or slower steaming.
This has had the effect of some erratic scheduling as services have been combined with lots of containers being transferred from one ship to another on route.
Just when we thought US duty rates had settled down we hear of a new proposed set of surcharges for 2019.
These are being proposed on ‘national security grounds’ the target being the automotive sector, both finished cars and car parts. The proposal was submitted to President Trump on the 17 February this year and he has 90 days starting from the date he received the report to decide to accept the recommendations in part,
We have been asked this question many times over in the last few months.
The answer is there’s no need to panic as the UK’s biggest port for container traffic is Felixstowe and it handles a small amount of EU origin cargo so the effect should be minimal, furthermore there are no planned changes to the import customs processes and procedures for non EU goods entering the UK through the whole Brexit process.
IATA who are the worldwide trade association for airlines are advising that they reducing the growth predictions to 2% for 2019. This is almost a halving of their previous predictions.
There are a number of reasons for this decline. As will come a s no surprise the China / USA trade dispute initiated by Donald Trump has created a fundamental distortion in the market. Many companies built up stock through 2018 in order to avoid a 25% increase in duty rates into the USA.
Now that Liverpool port can handle the biggest ships after its recent expansion at Liverpool 2 terminal it is making increasing sense to import through the Port of Liverpool. It’s not just the congestion at Felixstowe, and Southampton but also container haulage prices. These are increasing each year well ahead of inflation as the shortage of drivers continues to bite and there is not sign of them reducing any time soon.
Big Importers such as B&M Bargains with their 600 shops are at the forefront of this change to importing into the North of England directly and they have given themselves a target of 80% of their imports through the Port of Liverpool for 2019.
It seems there has been a ceasefire from the USA side on escalating the duty surcharge from China to 25% from 1 January 2019.
The idea, as announced at the Argentine G20 summit over the weekend is that this will allow talks to proceed between President Xi of China and president Trump.
The US are stating that China will agree to purchase a very substantial amount of agriculture, energy, industrial and other products from the USA.