While the concept of Reasonable Care has been around for over twenty years, today’s circular is a reminder of the importance of exercising Reasonable Care in all interactions with U. S. Customs. On December 8, 1993, the Customs Modernization Act, or the “Mod” Act, was implemented, which amended many sections of the Tariff Act of 1930 and related laws. This Act changed the course of the relationship between Customs and Trade by further defining the legal obligations of each party in an international transaction while facilitating the cooperation between this government entity and its constituents.
In January 2018, we posted about Walmart's On Time In Full (OTIF) upcoming program changes. Since the blog post was written, here are the key reminders for the April 2018 OTIF program changes:
Time is running out; that is a phrase so many industries know all too well when shipping urgent freight. There are times when supply chains do not always work like clockwork, and even the most sophisticated networks need expedited freight services. Your team here at Ascent Global Logistics is always on standby to answer your questions about expedited freight. Here are some common questions that we receive regarding the expedited shipping process:
Starting on March 23, 2018, there will be tariffs imposed on steel and aluminum products that are imported into the United States. On March 1, 2018, The Administration announced intentions to tariffs on aluminum and steel products being imported into the United States. Throughout the month of March, the original intention has been amended to include key provisions, including exemptions for certain countries. Here are some of the key facts that are important to import and export regulations:
Continued acceleration of the domestic freight market has been a common topic in our CLIFF NOTES weekly e-newsletter and the outlook for the freight industry shows no sign of slowing.
What is the Generalized System of Preferences (GSP) trade program? What is the current status of the program? What countries are involved? What are some examples of GSP eligible products? Read below for answers to these common importer questions and more.
Our team is extremely proud to have celebrated our one year anniversary of Ascent Global Logistics on January 25, 2018. Just over one year ago we became a unified team with the common goal of being our clients’ most trusted and valued logistics provider by offering end-to-end solutions.
This week Walmart held its annual Supplier Growth Forum in Bentonville, Arkansas. During the event, the big-box retailer announced changes to its OTIF (On Time In Full) program which stands to directly impact Walmart suppliers. During the summit, Walmart announced new thresholds for supplier delivery requirements, which will take effect in April 2018.
Topics: Retail Consolidation
It may be the start of a New Year but our team has been busy for months working behind the scenes to finalize and perfect a number of enhancements.
As 2017 closes and another New Year approaches, our team has worked to compile a list of things shippers should be planning for in 2018.