Trading globally involves risks, but having international cargo insurance is one of the best ways to offer peace of mind to both the buyer and the seller. Ascent Global Logistics wants your shipments to be monetarily safeguarded against physical loss or damage while in transit. If you have shipped many times before, or are new to the international shipping trade, it is worthwhile to review how insurance can help your company be protected.
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.
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
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.
Customs Trade Partnership Against Terrorism (CTPAT)
Customs and Border Protection (CBP) recently held their annual CTPAT Conference in San Antonio, TX, with an attendance of over 1,500 CTPAT members – from importers and exporters to Canadian and Mexican foreign manufacturers, from highway carriers and sea carriers to brokers and freight forwarders. A sea of people converged upon the seventh largest city in the nation and CBP did not disappoint – providing valuable information regarding the updated Minimum Security Criteria as well as how security in our agriculture is vital to our economy.
Tips for a Lower-Stress Travel Experience This Summer
One of the busiest travel seasons has arrived, with travelers preparing to take trips that will have them transiting through airports both domestically and internationally, as well as crossing various international borders and possibly interacting with different customs officials. Both U.S. Customs and Border Protection (CBP) and the Transportation Security Administration (TSA) share tips to help make those encounters go more smoothly and quickly.
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."
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.
In February, we often celebrate Valentine’s day with candy and flowers for the people who have a special place in our heart. This month’s compliance circular is going to focus on some of the people at the heart of the international freight forwarding industry, the Customs Brokers. As early as 1799, Customs Brokers were called “known agents or factors” and could make entry on behalf of cargo owners who were unable to do so, for a variety of reasons.