Thanks to an update to the International Trade Administration's Free Trade Agreement (FTA) Tariff Tool, you can now find out when products would be eligible for duty-free treatment if the Trans-Pacific Partnership (TPP) is enacted. Though tariff information is only available for six of the 11 TPP countries-- Australia, Canada, Chile, Mexico, Peru, and Singapore…
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On July 1 a new rule will go into effect that requires the weight of any ocean container be provided before being loaded aboard a vessel. This global mandate has been made through the International Maritime Organization (IMO) by amendment of their Safety of Life At Sea (SOLAS) convention. Each country will develop its own…
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U.S. importers and brokers now have another month to switch to ACE. According to U.S. Customs, the deadline for mandatory filing of entry summaries and other transactional data in the new computer system has been extended from February 28 to March 31. Though welcomed by the trade, the extension does little to remedy the situation…
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In a move reminiscent of the Bill Murray classic, “Groundhog Day,” Trans-Pacific ocean carriers are once again postponing implementation of the Peak Season Surcharge and General Rate Increase. You may recall our January 15 client alert, in which we announced the first time these increases were postponed. The latest effective dates are listed below. Please…
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New York-New Jersey port terminals will be closed for the rest of the day, after members of the International Longshoremen’s Association (ILA) walked off the job this morning. No new trucks are being allowed to enter the port at this time. Expect delays for shipments coming in or out of the port.
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Big changes are coming soon for U.S. exporters who use AESDirect or AESPcLink to file their Electronic Export Information (EEI). Starting in February, the government will be cutting off access to phase-out these legacy filing systems in favor of the new ACE Portal system. If you self-file your EEI using either system, you will need…
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February 28 marks a crucial deadline for U.S. Customs, one that has the potential to impact every import and export operation in the country. According to a time table set by the White House, Customs brokers and U.S. importers have until 2/28 to transition to using a computer system, known as ACE, for filing entry…
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We are pleased to advise that the Peak Season Surcharge (PSS), originally announced to go into effect on 1/15, has been postponed until 2/1. There is speculation that it may be delayed again or possibly cancelled. The General Rate Increase (GRI), announced for 2/1, is still applicable; but with a weakening market, it's likely to…
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After allowing rates to slide for nine consecutive months, vessel operators on the Trans-Pacific trade have gone through with their announced plans to implement a large rate increase, effective January 1, 2016. Additionally they have announced plans to implement a Peak Season Surcharge (PSS) on January 15, followed by yet another General Rate Increase (GRI)…
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It's the moment you’ve all been waiting for: after years of negotiations behind closed doors the Trans-Pacific Partnership is now available to the public. A table of contents of the trade agreement can be viewed here; you can select to read chapters of the TPP in full text. For example, Chapter 3: Rules of Origin…
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