Asset Based Lending Blog/News

Delays & Disruptions Due to Visit From the Pope

September 24, 2015 | Shipping

Due to the Pope’s visit to the U.S., FedEx, UPS, and USPS have all announced expected delays and disruptions to delivery services to the Washington, D.C., New York, NY and Philadelphia, PA metro areas between September 22nd and September 27th. Based on the disruption to service of these National carriers, expect similar delays and disruptions to […]

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Jordan’s Garment Industry Heats Up

September 21, 2015 | Apparel Industry, Manufacturing

Sadie Keljikian, Express Trade Capital Jordan in recent years has become an unlikely manufacturing giant in the garment industry.  Despite its political and socioeconomic instability and simmering hostilities with neighboring countries, Jordan’s 75 factories continue to thrive; comprising 95% of the industrial work force and producing exports that make up about 20% of the country’s […]

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Gibraltar Port Gains Edge

September 18, 2015 | Cargo, Shipping

Sadie Keljikian, Express Trade Capital The Honorable Albert Isola, Gibraltar’s Minister for Shipping, hosted a working breakfast at Gibraltar House in London recently to draw attention to the ongoing work being done to make Gibraltar a more attractive port to international clients. The gathering was held in honor of London International Shipping Week and included […]

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Peak Season for Asia-Europe Trade Falls Short

September 17, 2015 | Cargo, Shipping

Sadie Keljikian, Express Trade Capital Q3, often the most profitable season for the Asia-Europe trade lane, has been decidedly lackluster thus far. Analysts largely attribute the decline to the recent Russian economic downturn.  Merchandise for the winter holiday season typically begins to ship now as retailers and carriers alike in Europe and the US prepare […]

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Qatar’s Ports Add Security Systems

September 14, 2015 | Shipping

Sadie Keljikian, Express Trade Capital Qatar is bolstering efforts to root out illicit goods at both its sea and land ports. The Committee of Security Agencies in Ports of Entry into Qatar has signed an agreement with the Chinese company Nyuktk to develop and install modern security systems to detect radiation. The new systems will significantly increase the efficiency of […]

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Tianjin, China’s Port Embargo Lifted

September 11, 2015 | Shipping, Uncategorized

Sadie Keljikian, Express Trade Capital Dangerous goods are once again allowed into port at Tianjin, China with proper documentation submitted to the carrier. Regulations on hazardous materials are more closely monitored, in light of the explosion that devastated the port last month, but all other terminal and customs brokerage operations resume as normal. Click for […]

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Migrant Crisis Impacts International Shipping

September 10, 2015 | Shipping

Sadie Keljikian, Express Trade Capital The recent rise in unsafe transport of refugees from Syria and North Africa to Europe has begun to have a ripple effect in the international shipping industry. According to Philip Tinsley, maritime security manager at Baltic and International Maritime Council, there has been a sharp uptick in the number of accidents […]

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Update on ACE PGA Pilot Rollout Plan

August 28, 2015 | Government, Uncategorized

The first phase of the Partner Government Agency (PGA) Pilots in the Automated Commercial Environment (ACE) was initiated last week. The Food and Drug Administration (FDA) and the National Highway Traffic Safety Administration (NHTSA) are two of the fourteen agencies participating in the pilots. The second phase of the PGA Pilots is scheduled to begin […]

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Warehouse Explosion in Port of Tianjin Results in Shipping Disruptions

August 13, 2015 | Cargo, Shipping

  A warehouse containing hazardous chemicals in the Port of Tianjin, China exploded causing significant disruptions to onshore operations. Shipping traffic carrying hazardous products into the port has been halted and operations at two container terminals have been suspended. Port operations, however, are normal for Northern China’s largest port and main maritime gateway to Beijing. We […]

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