Understanding Incoterms: When Lightning Strikes
…lightning strike and damage the goods at any time between these two points, the seller is obligated to reimburse the buyer for the damaged goods. Once placed on board the…
Post-Entry Claims No Longer Allowed for Certain FTAs and Preference Programs
Bad news for importers who like to go back to get their duty reductions after the entry has liquidated. U.S. Customs & Border Protection (CBP) recently announced that it will…
Transpacific Carriers Announce August 1 GRI
…low likelihood that terminals and truckers will able to handle all cargo within the provided free time. Cargo picked up after the last free day will be assessed demurrage. We…
Who’s on the Hook for Routed Export Violations?
…When a foreign entity controls the transportation of U.S. exported goods, the U.S. government considers the shipment to be a routed export transaction. Exporters engaging in these types of transactions…
What Do You Mean That’s Not How You NAFTA?
If my product is made in U.S., doesn’t it automatically qualify for NAFTA/other free trade agreements? It is not a given that your product will meet one of the rules…
CBP Announces U.S.-Israel Mutual Recognition Agreement
…the United States’ C-TPAT program and another country—in this case Israel’s Authorized Economic Operator (AEO) program—certifies that the foreign customs program’s requirements and regulations are similar to those of C-TPAT,…
July 7 Strike Planned at Ports of LA, Long Beach
…Teamster’s Union picketed at the port, ILWU workers honored the picket lines, only returning to work after a ruling by a federal arbitrator. Since the ILWU’s contract expired on July…
West Coast Labor Update: Countdown to Contract Expiration
…poised and ready to take on more cargo and offer a quick fix at a much higher price to get the goods to market. This may be the last contingency…
What’s NEXT for the National Export Initiative
…information and tailored assistance. Making the NEXT INTERNATIONAL SHIPMENT easier and less expensive, through efforts to streamline U.S. government export-related services, reporting requirements and processes, and speeding American goods to…
How Do You Prove Transaction Value?
…accounted for in the total entered value on the Entry Summary. If you are an importer that purchases goods under an INCOTERMS® rule starting with C or D (CIF, CFR,…