Ascent Global Logistics Blog

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Miscellaneous Tariff Bill Portal Opening October 11

Posted by Ascent Global Logistics on Oct 9, 2019 9:54:15 AM

The current Miscellaneous Trade Bill (MTB) (H.R. 4318) is in place through December 31, 2020. However, the USITC is opening the new MTB Portal this Friday, October 11, 2019 to allow U.S. manufacturers and importers an opportunity to include products on the list for consideration over the next year.

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Topics: Tariffs, International Trade Commission, International

Compliance Circular: October 2019

Posted by Ascent Global Logistics on Oct 8, 2019 12:46:32 PM

Section 321 Entries – Voluntary Pilot in Place

In the Tariff Act of 1930, U.S. Customs and Border Protection (CBP) authorized an exemption of duty and taxes under Section 321(a)(2)(C) for goods not over a designated value. Originally, that value was $200 - one $200 shipment per person per day, with minimal documentation required for entry. On February 24, 2016, the de minimis value was increased to $800 – one $800 shipment per person per day. This increase was part of the Trade Facilitation and Trade Enforcement Act of 2015 (TFTEA) and CBP implemented and met all TFTEA requirements by August of 2016.

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Topics: Trade, Compliance, International Trade Commission, International

Norfolk Southern Service Suspended: Bridge Collapse

Posted by Ascent Global Logistics on Oct 4, 2019 2:00:00 PM

Updated 10/4/2019:

Norfolk Southern services between Kansas City, MO and Moberly, MO are still suspended due to the collapse of the Grand River Bridge in Brunswick, MO on Wednesday, October 2.

Recovery efforts continue to restore services; however, current estimates suggest that Norfolk Southern's route to Kansas City will be unavailable through the remainder of October 2019

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Topics: Weather, Domestic, Updates, Trade, International

Tariff Update: WTO Grants U.S. Permission to Impose $7.5 Billion of Tariffs on EU Goods

Posted by Ascent Global Logistics on Oct 2, 2019 4:15:00 PM

This week, the United States was granted permission by the World Trade Organization (WTO) to impose up to $7.5 billion of annual tariffs on goods from the European Union. This action provides the U.S. administration with the ability to tax wine, airplanes and other goods exported from Europe to the United States.

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Topics: Updates, Tariffs, Trade, International

Weather Alert: Tropical Storm Mitag

Posted by Ascent Global Logistics on Oct 2, 2019 11:30:00 AM

Updated 10/8/2019:

Tropical Storm Mitag has caused delays of about 3-6 days for large vessels around Shanghai and Ningbo.

To read more about the storm, click here

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Topics: Weather, Updates, Trade, International

Update: Two Week Delay for Tariff Increase

Posted by Ascent Global Logistics on Sep 12, 2019 4:54:29 PM

On September 3, 2019, a Federal Register notice was published, stating that due to the ongoing challenges being addressed between the governments of the United States and China, Tranche 1, 2 and 3 would be increasing from 25 percent to 30 percent, effective October 1, 2019. At this time, it was announced that there would be a request for Public Comments through September 20, 2019.

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Topics: Updates, Trade, International

Weather Alert Update: Hurricane Dorian

Posted by Ascent Global Logistics on Sep 6, 2019 3:05:00 PM

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

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Topics: Weather, Updates, Trade, International

Weather Alert Update: Hurricane Dorian

Posted by Ascent Global Logistics on Sep 5, 2019 4:42:48 PM

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: Weather, Trade, International

Weather Alert Update: Hurricane Dorian

Posted by Ascent Global Logistics on Sep 4, 2019 3:55:10 PM

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: Weather, Trade, International

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: Tariffs, Trade, International