Quick Tip: Avoid Paying Storage at an Auction House To avoid paying storage at an auction house, contact one of our agents immediately with your buyer and stock number to secure a booking and we will be able to expedite pick-up. Also advise the auction house to send the original title to CFR Classic to…
The expansion of the Panama Canal is currently scheduled for April of 2016, allowing ships with a capacity of up to 14,000 TEUs (the equivalent of 7,000 x 40' containers) to pass through the century-old passage between the Pacific and Atlantic Oceans. Until now, only ships of up 1/3 of that capacity can pass through the Canal…
FROM THE JOURNAL 'PORT TECHNOLOGY': Car shipping specialist CFR Classic has warned that unless automotive handlers move away from temporary wooden racking solutions they could be left behind as steel engineered ‘R-Raks’ become the optimal model for handling automobiles in containers. Since the US based CFR first switched from wooden racking to fully certified, steel…
The traffic mitigation fee charged on container movements at the ports of Los Angeles and Long Beach will increase to $69.17 per 20-foot-equivalent unit from the current $66.50 per-TEU fee, effective Aug. 1. John Cushing, president of PierPass Inc., said the increase reflects the higher labor costs that terminal operators face as a result of…
We’ve all seen the warning on the passenger side mirror of our cars: “Caution, objects in mirror are closer than they appear.” It stands alongside such gems as “Caution, contents are hot” on our coffee cups as phrases that appear so often as to lose all significance or meaning. But take a close look. That…
Shipping Tip: U.S. Imports & Exports of Commercial Goods For both U.S. imports & exports of commercial goods, U.S. Customs requires you provide a copy of your commercial invoice and packing list which specifies quantity of item(s), description of merchandise, weight and value.
Increasing container dwell times are taking a toll at the ports of Los Angeles and Long Beach, further exacerbating congestion at the busiest U.S. port complex. Truck turn times in October were the worst on record in Los Angeles-Long Beach, even though container volume growth was modest. Val Noronha, president of Digital Geographic Research, tracks…