Ascent Global Logistics Blog

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Update: Two Week Delay for Tariff Increase

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

Update: Two Week Delay for Tariff Increase

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, International Freight Forwarding, International Trade

Weather Alert Update: Hurricane Dorian

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

Weather Alert: Hurricane Dorian

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, International Freight Forwarding, International Trade

Weather Alert Update: Hurricane Dorian

Posted by Ascent Global Logistics on Sep 5, 2019 4:42:48 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, International Freight Forwarding, International Trade

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, International Freight Forwarding, International Trade

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. 

19Code 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

Information gathered by these sources is often sold in the marketplace in publications like Piers or Panjiva, which provide basic details to trade and transportation groups on cargo that is coming into the United States and exporting from the United States. While the public is not allowed to review these manifests, importers and exporters and their brokers, attorneys, agents can request copies of any manifests for which they have a legal interest. 

19CFR103.31(d) provides specific guidance on how to keep this information confidential from those who have access to the data. Inward and Outward Manifest Confidentiality requests can be made to U.S. Customs and Border Protection, requesting all data be treated confidential from all means of review, including the press. Up until now, this request was usually in the form of a letter or an email to vesselmanifestconfidentiality@cbp.dhs.gov from the importer, exporter or their designated agent/broker. The letter or email included:

  • Name(s) of the Importer/Consignee – Every possible name combination that might appear on a bill of lading should be referenced on the confidentiality request.
  • Address of the Importer/Consignee
  • Optional:  List of all suppliers/shippers that might appear as a shipper on a bill of lading.

On August 22, 2019, CBP announced that a new tool would be deployed in the near future that would allow the Vessel Manifest Confidentiality to be filed electronically via an online portal/tool. The new electronic process would streamline the request and what typically took 60-90 days to complete will be completed in as little as 24 hours. 

Further details are available in the CBP Pub#0876-0419.

If you are interested in requesting for your manifest information to be confidential, please reach out to your Ascent partner or email compliance@ascentgl.com for further information.

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

Modification to S301: 10% to 15%

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: International Freight Forwarding, Tariffs, International Trade

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, Exporting, Importing, 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, Exporting, Importing, International Freight Forwarding, Tariffs, International Trade