New Bond Guidance on How CBP Sets Amounts

New Bond Guidance on How CBP Sets Amounts

U.S. Customs and Border Protection (CBP) has published a new public bond guidance—announced in a Cargo System Messaging Service (CSMS) on February 13. The change to the guidance provides updates to the official procedures for determining bond amounts. The following are key highlights of the changes. All continuous bonds are set in increments of $10,000…

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FMC Rules in Favor of Truckers in Chassis Dispute

FMC Rules in Favor of Truckers in Chassis Dispute

The U.S. Federal Maritime Commission (FMC) issued a ruling on February 13, which orders ocean carriers to cease requiring cargo owners and their truckers to use specific chassis on port-to-port shipments. This ruling validates the 2023 chassis choice initial decision, in which Erin Wirth, FMC Chief Administrative Law Judge, determined that exclusive agreements between ocean…

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Top 7 BIS Enforcement Efforts for Export Controls

Top 7 BIS Enforcement Efforts for Export Controls

With advancing technology, it has never been more crucial to practice due diligence regarding export controls. Technologies, such as artificial intelligence (AI) and quantum computing are at the forefront of the Bureau of Industry and Security’s (BIS) concerns. BIS is working to protect these advanced technologies from falling into the wrong hands is essential.  Top…

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Moving Cargo? It’s Up to You to Prevent Export Controls & Sanction Violations

Moving Cargo? It’s Up to You to Prevent Export Controls & Sanction Violations

The five federal agencies have issued a new compliance note that highlights the necessity that those who move cargo—vessel owners, charterers, exporters, managers, brokers, shipping companies, freight forwarders, commodities traders, and financial institutions— ensure they are not being exploited by nefarious actors disguising the true origin, destination, or nature of their cargo. The note offers enforcement trends…

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