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Industry News

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Industry News

  • Supply Chain Congestion January 7, 2021
    We realize that persistent port and rail ramp congestion, container chassis shortages, and excessive detention and demurrage fees from carriers, as well as upheaval among air cargo service providers, are causing significant harm to your import and export supply chains. U.S. customs brokers, freight forwarders, and non-vessel-operating common carriers (NVOCCs) of all sizes are facing multi-week delays and higher costs of routing shipments through the nation’s ...
  • GSP EXPIRED AS OF JANUARY 1, 2021 January 5, 2021
    Congress failed to reach a deal before the end of the year that would have extended the Generalized System of Preferences (GSP) program. As a result, GSP-eligible goods entered or withdrawn from warehouse are subject to “General” (Column 1) duty rates, effective January 1, 2021, at 12:00 a.m. A bill proposed in the Senate would have extended GSP for 16 months, while a bill that was ...
  • Aluminum Import Monitoring and Analysis (AIM) System Effective Jan. 25 December 23, 2020
    On December 23, 2020, the Department of Commerce published a notice in the Federal Register regarding the Aluminum Import Monitoring and Analysis (AIM) System. Effective January 25, 2021, the new regulations requires importers of aluminum or their customs brokers to submit information in an online portal to obtain an automatically issued license, then submit the license number with entry summary documentation. The new system will be ...