August 5, 2021

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CBP Adjusts Customs User Fees for Inflation Effective 10/1

August 5, 2021 Trade Translation

The U.S. Customs and Border Protection (CBP) has released a notice detailing plans to increase Consolidated Omnibus Budget Reconciliation Act fees by 11.009% to reflect inflation. Importers will see an increase in their U.S. Customs user fees—minimum and maximum Merchandise Processing Fees (MPF)—effective October 1, 2021. Below are examples of the current fees and what…

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FMC Scrutinizes Ocean Carrier Congestion Surcharges

August 5, 2021 Global News, Market Updates

Eight ocean carriers have been asked to provide the Commission’s Bureau of Enforcement (BoE) with details about the congestion or related surcharges they have recently implemented. This request comes after the FMC launched an expedited inquiry into the timing and legal sufficiency of these surcharges. BoE has given the carriers until August 13, to provide…

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