In recent years, the United States government and Customs and Border Protection (CBP) have taken a closer look at goods imported into the United States that are potentially made from forced labor or child labor. The goal of this increased scrutiny is to ensure the United States is involved in a fair and competitive trade environment.
In May 2016, the American Manufacturing Competitiveness Act was enacted, which established a new process for “the submission and consideration of petitions for temporary duty suspension and reductions.”
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.
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.
When importing products into the United States, some commodities are subject to Non-Tariff Barriers, which include quotas, licenses, subsidies and additional duties. These barriers are designed to discourage demand of an imported product, protecting domestic producers from foreign competition.
Maersk confirmed yesterday that its IT systems are currently down due to a widespread cyber attack. The attack, similar to the recent "WannaCry" attack, targeted various firms, airports and government departments around the globe through the use of ransomware. Below are the most recent Maersk, port and terminal updates.
Please plan to join our International Freight Forwarding team from Marisol International, an Ascent Global Logistics Company, on Thursday, July 13 for the next Transportation & Trade Workshop in Memphis, TN.
Shipping freight internationally via ocean containers – where to start? With various shipping container sizes and purposes, learning the key differences can help you make intelligent shipping decisions. Not only is selecting the optimal container type important for safe transportation of the cargo but will also yield cost effective options.
Topics: International Freight Forwarding
The Bill of Lading (BOL), along with the commercial invoice and packing list, play a crucial role in the international shipping process. Its importance is not always understood when INCOterms and terms of sale are being discussed between the buyer and the seller. However, the BOL can impact the timely release of cargo upon arrival to the destination country.
Global supply chains are extremely complex networks which require involvement by various professionals who must execute different tasks. Two of the most important parties involved in an international shipment are the freight forwarder and the customs broker. One company is often both the freight forwarder and the customs broker, however, the two can be independent of each other due to the differences in responsibilities and capabilities.