Many shippers are aware that the truckload market has taken a nose dive this fall. We have gradually seen a capacity crunch with the uptick in the economy. To make matters worse, add in a couple of hurricanes and this has created an enormous truck deficit in almost all markets. In September, the cost of…
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If you import certain products from India, Turkey, Thailand, or any of the 120 countries designated as beneficiaries under the U.S. Generalized System of Preferences (GSP), you may soon be paying a lot more in duties. That's because GSP, the program that allows over 3,500 products from economically developing countries to enter the U.S. duty…
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To encourage compliance for wood packing materials (WPM)—which include crates, pallets, skids, blocking and bracing, etc. used for packing cargo—Customs will change the way it issues penalties on WPM violations, beginning November 1, 2017. In a recent CSMS message, Customs explains this change, “responsible parties with a documented WPM violation may be issued a penalty…
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You might be familiar with the phrase, “if you see something, say something,” which is a campaign designed by the Department of Homeland Security to encourage people to report suspicious activities to authorities. Similarly, U.S. shippers are responsible for keeping an eye out for suspicious activity when handling export transactions. Here are at least fourteen red…
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The impending Electronic Logging Device (ELD) mandate— which requires motor carriers to install devices to automatically record driving time—is steadily approaching and has been receiving mixed reviews throughout the country. On one hand, the implementation of this rule is said to be necessary for safety and accuracy. On the other, some drivers and trucking companies…
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And we’re off—the first round of negotiations for the North American Free Trade Agreement (NAFTA)—a free trade agreement involving Canada, Mexico, and the U.S.—has wrapped up this month. So what was discussed during these talks? Though we don’t have an exact transcript, in United State Trade Representative Lighthizer’s (USTR) opening statement, he underlined a few…
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Customs sent out a reminder, on August 14, which reiterated the 30 day time frame given to importers to pay supplemental duties, taxes and fees, and vessel repair duties. This reminder also announces a change in the dunning letter time frame. The previous time frame was 181 days from the date of the bill, however,…
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The BRICS Summit (Brazil, Russia, India, China, and South Africa) will be held September 4 and 5 in Xiamen. Security measures will commence earlier than these dates and will impact air, sea, and ground transport as follows: Air: There will be no cargo flights from August 31 through September 5 and passenger flights are to…
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Trans-Pacific carriers have announced a General Rate Increase (GRI) effective September 15, 2017. This GRI will affect all Canadian and USA destinations. The following amounts are in USD and apply to all freight originating in Asia and the Indian Sub-Continent. General Rate Increase Applies to all U.S. and Canadian ports Effective September 15 Equip. USD…
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The U.S. Food and Drug Administration (FDA) announced, in a recent CSMS message, that they are in the process of updating the requirements for submitting notification of shipments that qualify under Section 321 of the Tariff Act of 1930. Since the increase in the de minimis value from $200 to $800, the FDA’s reporting requirements…
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