On June 19, nearly 8,000 people from Central New York companies (Mohawk included) participated in the 30th annual JPMorgan Chase Corporate Challenge, held annually at Onondaga Lake Park in Liverpool, NY. This year's race was a little different. With the temperature at Onondaga Lake Park reaching upwards of 90 degrees, for the first time in…
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Members of the C-TPAT program have a new benefit coming their way this January, thanks to an agreement signed by U.S. and EU customs authorities. On May 4, customs officials representing the U.S. Customs-Trade Partnership Against Terrorism (C-TPAT) program and the EU Authorized Economic Operator program signed an agreement to mutually recognize program members as…
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Here’s a sneak peek at one of the handouts from our upcoming seminar,Effective duty deferral, avoidance, and recovery strategies. Making use of a bonded warehouse or foreign trade zone are two strategies that we will be covering during this seminar. Let’s compare: Bonded Warehouse (BW) vs. Foreign Trade Zone (FTZ) Duty based on (BW) Value…
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The Ports of Los Angeles and Long Beach will increase the Traffic Mitigation Fee by $1.50 per 20-foot equivalent unit (TEU) beginning on August 1. The increase will bring current fee levels to $61.50 (20' containers) and $123 (40' containers). Last August, marine terminal operators announced that they would begin increasing the Traffic Mitigation Fee…
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