Trade Fest Recap

Trade Fest Recap

A special thanks to Diane Cima, Compliance Specialist, for providing some of the pictures. Mohawk Global Trade Advisors (MGTA) had a great turn out at Trade Fest in Geneva, NY. We’d like to give a sincere thank you to all of the attendees, speakers, and sponsors for making the event a complete success. The day…

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Where We Are with the Trans-Pacific Partnership

Where We Are with the Trans-Pacific Partnership

Since the Trans-Pacific Partnership (TPP) agreement was first made public, it has been met with both positive and negative outlooks. On one side, there are those who still fear the effect it will have on the current American workforce. On the other, many see great economic and geopolitical benefits in joining this partnership. Since both…

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Get Ready to Blend Destination Control Statements

Get Ready to Blend Destination Control Statements

Effective November 15, the Bureau of Industry and Security (BIS) and the U.S. Department of State (DOS) will enforce new requirements for the destination control statements needed under the Export Administration Regulations (EAR) and the International Traffic in Arms Regulations (ITAR). The revisions will combine both destination control statements, used for EAR and ITAR, to…

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Hanjin Update

Hanjin Update

UPDATE:11:44 AM EST Hanjin Shipping has advised that the Hanjin Miami will commence work at Maher Terminals on Thursday, September 22, 2016 (Source). As we complete the third week following Hanjin’s filing for bankruptcy protection, there have been plenty of words exchanged and court battles begun, but little has changed since the initial ripple effects impacted…

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Updated Zika Requirements for the U.S.

Updated Zika Requirements for the U.S.

As of September 2, China has narrowed its Zika requirements for the United States. Vessels originating from the United States, other than the state of Florida, are not required to present a disinsection certification. China’s General Administration of Quality Supervision Inspection and Quarantine (AQSIQ) states that although the requirement only affects shipments originating from Florida,…

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Ocean Freight Rates Are Rapidly Increasing

Ocean Freight Rates Are Rapidly Increasing

Ocean freight rates are increasing rapidly due to market dynamics this week with Hanjin filing for court receivership signaling their bankruptcy. The ripple effect began almost immediately with many ports shutting out Hanjin vessels and turning away any Hanjin loads. Partner carriers reacted quickly too by stopping any of their containers from loading aboard Hanjin…

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