What Could the K-Line Merger Mean for You?

What Could the K-Line Merger Mean for You?

Japan’s three largest steamship lines, Nippon Yusen KK (NYK), Mitsui O.S.K. Lines Ltd. (MOL) and Kawasaki Kisen Kaisha Ltd. (K-Line), have agreed to a merger which should be established on July 1, 2017 and then begin operating as soon as April 1, 2018. This will impact shippers in the long term by reducing the number…

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C-TPAT and Canada’s PIP Joining Forces?

C-TPAT and Canada’s PIP Joining Forces?

During the latest Canadian Society of Customs Brokers National Conference, the Canada Border Services Agency (CBSA) discussed implementing a new system that will require certain importer data to be electronically submitted in a specific timeframe. This will be similar to our Import Security Filing requirement for U.S. importers. When Canada deploys this new system, companies…

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Congress Adjusts Exporter Penalties

Congress Adjusts Exporter Penalties

Under the Federal Civil Penalties Inflation Adjustment Act of 2015, Congress has mandated, effective August 1, 2016, a one-time catch-up adjustment to civil monetary penalties for export violations, in order to account for inflation. The last time such an increase occurred was in 1985. Going forward, it is important to note that these penalties are…

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Trade Fest Recap

Trade Fest Recap

A special thanks to Diane Cima, Compliance Specialist, for providing some of the pictures. Mohawk Global Trade Advisors (MGTA) had a great turn out at Trade Fest in Geneva, NY. We’d like to give a sincere thank you to all of the attendees, speakers, and sponsors for making the event a complete success. The day…

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Where We Are with the Trans-Pacific Partnership

Where We Are with the Trans-Pacific Partnership

Since the Trans-Pacific Partnership (TPP) agreement was first made public, it has been met with both positive and negative outlooks. On one side, there are those who still fear the effect it will have on the current American workforce. On the other, many see great economic and geopolitical benefits in joining this partnership. Since both…

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