Ascent Global Logistics Blog

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Ascent Global Logistics

Recent Posts

Weather Alert: Hurricane Dorian

Posted by Ascent Global Logistics on Sep 4, 2019 8:08:33 AM

Weather Alert: Hurricane Dorian

Please note that Hurricane Dorian's landfall is impacting port, rail and over-the-road operations across the Southeast. Below are the latest updates:

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Topics: International Freight Forwarding, Tariffs, International Trade

Compliance Circular: September 2019

Posted by Ascent Global Logistics on Sep 3, 2019 11:45:48 AM

Electronic Vessel Manifest Confidentiality: Who Can See Your Information?

With varying regulations governing the disclosure (Freedom of Information Act) or confidentiality (Department of Homeland Security) of certain records, it can sometimes be challenging to know who can have access to what information in the international world of trade. Importers and exporters, along with their brokers, forwarders and ocean carriers, must follow certain guidelines as to what information must be disclosed and what must be kept confidential in the commercial environment.

19 Code of Federal Regulations Chapter 103.31 Subpart C provides guidance on vessel manifests, including who can be privy to that information. Members of the press, including newspapers, commercial magazines, trade journals and similar publications are allowed to review the vessel manifests of imports and exports and the following data associated with them:

  • Name and address of the shipper
  • General nature of the cargo
  • Number of cartons/packages
  • Gross weight
  • Carrier Name
  • Port of Export
  • Port of Destination
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Topics: Regulatory Compliance, Export, Import, International Freight Forwarding, Customs, Monthly Compliance Circular, Compliance, Shipping, International

Modification to S301: 10 Percent to 15 Percent

Posted by Ascent Global Logistics on Aug 30, 2019 5:20:59 PM

Modification to S301 Tariffs: 10 Percent to 15 Percent

The highly anticipated Federal Register notice was published today, confirming that "List 4A" of the S301 will go into effect on September 1, 2019 at the rate of 15 percent for the products of China covered by the $300 billion tariff action. On August 20, 2019, 84FR43304 was published, stating that Annex A would be 15 percent effective September 1, 2019 and Annex C would be 15 percent effective December 15, 2019.

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Topics: International Freight Forwarding, Tariffs, International Trade

Section 301 Tariff Update: Increases Announced for List 3 and List 4

Posted by Ascent Global Logistics on Aug 27, 2019 6:10:54 PM

Section 301 Tariff Update: Increases Announced for List 3 and List 4

In an announcement on Friday, August 23, 2019, the USTR (United States Trade Representative) advised that Section 301 List 3 tariffs will be increasing from 25 percent to 30 percent effective October 1, 2019, following a notice and comment period. List 3 is comprised of approximately $250 billion worth of Chinese imports and was first implemented on September 24, 2018 at 10 percent. On May 10, 2019, the List 3 duty rate increased to 25 percent.

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Topics: Import, International Freight Forwarding, Tariffs, International Trade, International

How to Navigate TFTEA and NAFTA Regulations During the Duty Drawback Process

Posted by Ascent Global Logistics on Aug 20, 2019 10:11:53 AM

The Trade Facilitation and Trade Enforcement Act of 2015 (TFTEA) is an authorization of CBP’s trade authority and was enforced to create an environment for fair, honest and competitive trade in the United States. Section 906 of TFTEA made a comprehensive set of changes to drawback claim filing. Even though TFTEA was only signed into law in 2016, it is necessary to know these recent changes since it greatly effects the drawback application process.

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Topics: Regulatory Compliance, Export, Import, International Freight Forwarding, Tariffs, International Trade

4 Key Tips for Filing Duty Drawback

Posted by Ascent Global Logistics on Aug 13, 2019 12:20:30 PM

Duty drawback can be a great opportunity for companies to save on duties, but to utilize it to its full extent it is necessary to understand the intricacies of the program. There are strict time frames that must be abided by and record keeping is imperative. The duty drawback regulations have changed recently due to TFTEA (Trade Facilitation and Trade Enforcement Act) and manual claims are no longer accepted, however Ascent Global Logistics can help you get your duty drawback claim filed electronically under the new regulations. 

Below are a few tips and tricks from the Ascent Global Logistics Duty Drawback team on how to get started and participate in duty drawback. 

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Topics: Regulatory Compliance, Export, Import, International Freight Forwarding, Tariffs, International Trade

List 3 Product Exclusions

Posted by Ascent Global Logistics on Aug 7, 2019 10:43:32 AM

Breaking News: Product Exclusions Granted for List 3

On August 5, 2019 the USTR (United States Trade Representative) announced that product exclusions have been approved for S301 List 3 duties. The product exclusions are broken into ten new product-specific descriptions such as certain plastic containers, pet cages, shopping carts and inflatable kayaks and boats.

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Topics: International Freight Forwarding, Tariffs, International Trade

Compliance Circular: August 2019

Posted by Ascent Global Logistics on Aug 1, 2019 2:50:53 PM

CBP Promises Transparency and Commitment to National Security at 2019 Trade Symposium

Over 1,200 members of the trade community including importers, exporters, customs brokers, forwarders, carriers and various supporting businesses descended on Chicago July 22-24, 2019 to hear from the top leadership of the U.S. Customs and Border Protection (CBP) service. Speakers included Mark Morgan (Acting Commissioner of CBP), Kevin McAleenan (Acting Secretary of DHS) and Brenda Smith (EAC from the Office of Trade). Also in attendance were speakers from CBP, FDA, DOC and USTR.

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

NMFC Changes Effective August 24, 2019

Posted by Ascent Global Logistics on Jul 31, 2019 10:24:58 AM

Supplement 2 from the Commodity Classification Standards Board (CCSB) was posted on July 25, 2019. This notice lists various changes to National Motor Freight Classification (NMFC) standards and packaging rules that will go into effect on August 24, 2019.

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Topics: NMFC, Domestic, Shipping

Duty Drawback: A 101 Guide

Posted by Ascent Global Logistics on Jul 18, 2019 10:12:00 AM

Duty drawback is a Customs and Border Protection (CBP) program where companies are refunded up to 99% of customs duties, taxes and/or fees that were previously levied upon imported merchandise, and of internal revenue taxes paid on domestic alcohol as well as other excise taxes. Duty drawback, however, is one of the most complicated commercial programs managed by CBP. Thus, it is important to have a clear understanding of all facets of how the program works and develop a relationship with a reputable drawback broker, who can help you navigate the rules and international laws.

The team at Ascent Global Logistics is ready to help you work through these complexities by determining if your situation qualifies for the Drawback Program.

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Topics: Regulatory Compliance, Export, Import, International Freight Forwarding, Tariffs, International Trade