Ascent Global Logistics Blog

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Compliance Circular May 2019

Posted by Ascent Global Logistics on May 15, 2019 10:38:52 AM

The Ocean Shipping Reform Act of 1998, which amended the Shipping Act of 1984, went into effect on May 1, 1999. This shipping act combined non-vessel operating common carriers (NVOCC) and ocean freight forwarders under one category labeled "ocean transportation intermediary" (OTI). An intermediary is defined as "a person who acts as a link between people in order to try to bring about an agreement." 

In honor of the 20th anniversary of the Ocean Shipping Reform Act of 1998, below is a brief review of OTIs. 

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Topics: Regulatory Compliance, International Freight Forwarding, Monthly Compliance Circular

UPDATE: EPA, TSCA And Wood Products

Posted by Ascent Global Logistics on Apr 4, 2019 11:28:09 AM

The Formaldehyde Standards for Composite Wood Products Act, also known as the TSCA Title VI, was fully implemented as of March 22, 2019 following a nine-year waiting period.

Composite wood products required to be certified as emission compliant by CARB and EPA recognized Third-Party Certified (TPC) starting on May 22, 2017. From May 22, 2017 through March 22, 2019, products regulated by TSCA Title VI had to be labeled as TSCA Title VI or CARB ATCM Phase II compliant.

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Topics: Regulatory Compliance, International Freight Forwarding, Monthly Compliance Circular

INTERNATIONAL TRADE UPDATE: Potential Delays At US-Mexico Border

Posted by Ascent Global Logistics on Apr 1, 2019 3:20:34 PM

Last week, US Customs and Border Protection (CBP) Commissioner Kevin McAleenan announced that CBP will reassign up to 750 officers from ports of entry along the US-Mexico border. These officers will assist US Border Patrol with processing an increased number of migrant crossings.

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Topics: Regulatory Compliance, International Freight Forwarding, International Trade

15 Effects Of The Government Shutdown On Import And Export Activities

Posted by Ascent Global Logistics on Jan 9, 2019 12:37:59 PM

As the longest United States government shutdown in history continues, importers, exporters and trade agencies are beginning to feel the impacts. Typically, organizations such as the Federal Maritime Commission (FMC) and US Customs and Border Protection (CBP) would be in high gear. However, many of these agencies are operating at reduced capacity due to the discontinuation of non-essential services.

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Topics: Regulatory Compliance, International Freight Forwarding, Tariffs

Importer Update: Generalized System of Preferences (GSP)

Posted by Ascent Global Logistics on Feb 28, 2018 11:30:16 AM

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. 

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Topics: Regulatory Compliance, Importing, International Freight Forwarding, Customs Duties

7 Antidumping and Countervailing Facts Importers Should Know

Posted by Ascent Global Logistics on Nov 3, 2017 2:03:28 PM

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.

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Topics: Regulatory Compliance, Importing, International Freight Forwarding, Customs Duties

Importing 101: Customs Bonds

Posted by Ascent Global Logistics on Mar 27, 2017 1:59:30 PM

Is your company importing goods into the United States or considering importing in the future? To import successfully, the importer must have a customs bond on file with U.S. Customs and Border Protection (CBP). Customs bond compliance can be simple, but there is important information every importer should be familiar with. 

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Topics: Regulatory Compliance, Customs Bonds, Importing, International Freight Forwarding, Customs Duties

New Destination Control Statement (DCS) Requirements: How to Maintain Export Compliance

Posted by Ascent Global Logistics on Jan 16, 2017 4:32:16 PM

final rule was recently published in the Federal Register, impacting all ITAR (International Traffic in Arms Regulations) and all BIS (Bureau of Industry and Security) controlled exports. Effective November 15, 2016, all ITAR or BIS controlled exports will be required to list a revised Destination Control Statement (DCS) on the commercial invoice. 

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Topics: Regulatory Compliance, Exporting, International Freight Forwarding

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