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Industry News

  • 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 As a result, GSP-eligible goods entered or withdrawn from warehouse are subject to “General” (Column 1) duty rates, effective January 1, 2021, at 12:00 a.m. A bill proposed in the Senate would have extended GSP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 ...
  • News and Trade Updates December 2020 December 18, 2020 Port Congestion We continue to experience extreme congestion at the ports of Los Angeles and Long Beach. Despite the global pandemic, the ports have had a “record” level of imports beginning this past summer. The Port of Long Beach had its best November on record, due to the holiday retail rush and a surge in personal protective equipment deliveries amid the latest nationwide wave of COVID-19 ...




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