Ascent Global Logistics Blog

October 16, 2019
Containers on ship docked at port in the ocean

How IMO 2020 Could Impact Mega-Ships, Carriers and Ocean Freight Rates

In case you missed it, the International Maritime Organization (IMO) is implementing a new sulfur emission rule in 2020. This is expected to directly impact fuel, but it could have much further impacts across the shipping industry.

October 15, 2019
Colorful Container being lifted by crane at port

Trade Negotiations with Turkey Halted: Steel Tariffs Raised to 50%

The U.S. administration has halted trade negotiations and doubled Turkish steel tariffs in response to Turkey’s advance into Syria on Monday, October 14. The proposed $100 billion trade deal with the country is on hold due to the advance.

October 9, 2019
Ocean_Containers_on_Ship_at_Port_Coronavirus_Supply_Chain_Impact_Blog_Image

Miscellaneous Tariff Bill Portal Opening October 11

The current Miscellaneous Trade Bill (MTB) (H.R. 4318) is in place through December 31, 2020. However, the USITC is opening the new Miscellaneous Tariff Bill Portal this Friday, October 11, 2019 to allow U.S.

October 8, 2019
Container ship aerial view at port

Compliance Circular: October 2019

Read the October Compliance Circular for information regarding Section 321 entries. 

October 4, 2019
Metal train tracks in rural area at sunset

Norfolk Southern Service Suspended: Bridge Collapse

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.

October 2, 2019

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

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 EU goods. This action provides the U.S.

September 12, 2019

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.

September 3, 2019

Compliance Circular: September 2019

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 has access to what information in the international world of trade.

August 30, 2019

Modification to S301: 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.