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CBP Posts Updated Certificate of Origin Template for Free Trade Agreements

August 18, 2020 Articles To Read, Trade Translation

U.S. Customs and Border Protection (CBP) has published a revised Certificate of Origin template to assist importers with a variety of Free Trade Agreements. It now includes the USMCA and US-Japan agreements. In this document, you will find that the template changes based on which country selected. The options given are as follows, AustraliaCAFTA-DRChileColombiaJapanKoreaPanamaPeruSingaporeUSMCA If you…

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Cargo Demand Fueling Record High Freight Rates to West Coast

August 18, 2020 Global News, Market Updates

Ocean carriers have been hiking their rates in recent weeks, surpassing the $3,000/40’ container mark to West Coast Ports earlier this month for the first time ever, then passing $3500/40’ a week later. Previous record high was back in July of 2010. Ironically, this is happening after the carriers have reinstated nearly all void sailings,…

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CBP Updates Marking and Country of Origin Guidelines

August 17, 2020 Trade Translation

U.S. Customs and Border Protection (CBP) has recently updated their Informed Compliance Publication (ICP) on Marking and Country of Origin on U.S. Imports. This publication discusses the country of origin marking requirements, which include general information, forms of marking, special statutory marking, etc. Why Mark Goods? The publication defines the purpose of marking as a…

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FEMA Revised List of Restricted PPE Exports

August 14, 2020 COVID-19 Updates, Trade Translation

Back in April, the Federal Emergency Management Agency (FEMA) began restricting exports for certain personal protective equipment (PPE) due to the COVID-19 pandemic. Although they will continue to restrict exports, they have announced a revised list of PPE subject to these restrictions, effective August 10, 2020. According to the notice, FEMA will continue to limit…

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9/15 Trans-Pacific Carriers Announce GRI

August 14, 2020 Market Updates

Trans-Pacific carriers have announced a General Rate Increase (GRI) effective September 15, 2020. 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 portsEffective September 15, 2020 Equip.USD20 ft$90040…

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9/1 Trans-Pacific Carriers Announce GRI

August 14, 2020 Market Updates

Trans-Pacific carriers have announced a General Rate Increase (GRI) effective September 1, 2020. 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 portsEffective September 1, 2020 Equip.USD20 ft$90040…

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8/15 Trans-Pacific Carriers Announce GRI

August 14, 2020 Market Updates

Trans-Pacific carriers have announced a General Rate Increase (GRI) effective August 15, 2020. 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 portsEffective August 15, 2020 Equip.USD20 ft$90040…

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USTR Announces Revised List of EU Products Subject to Section 301 Tariffs

August 14, 2020 Global News, Section 301 Updates

The Office of the U.S. Trade Representative (USTR) has announced a revised list of European Union (EU) goods to be subject to Section 301 tariffs—as a resolution to the dispute over Airbus subsidies. These changes go into effect on September 1, 2020. The USTR is removing certain products from Greece and the United Kingdom but…

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The Fifth Season: Indian Monsoons Causing Delays

August 13, 2020 COVID-19 Updates, Global News, India Center of Excellence

A monsoon is not just rainfall; it is a season of its own that can be a tremendous blessing to some and an absolute nightmare for most. In India, monsoon season means four months of continuous rain, which has significant repercussions on transportation. This year, 2020, has seen one of the most epic monsoon seasons…

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NMFC Changes Impacting LTL Shipments for Certain Commodities

August 12, 2020 Global News

The Commodity Classification Standards Board (CCSB) has announced a series of National Motor Freight Classification (NMFC) changes effective, August 15, 2020. These changes may impact anyone with less than truckload (LTL) shipments of the specified commodities listed below. The NMFC Guide can be complex, fortunately, our team has a firm understanding of how it works.…

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