Ascent Global Logistics Blog

February 21, 2019
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TARIFF RECAP: Almost Time To “Celebrate” New Trade Deals And Increases

Over the last several months, there have been a number of key updates to S232 Tariffs and S301 Tariffs Lists 1-3. In addition, the United States and China continue to hold trade talks.

February 19, 2019

TRADE NEWS: Congress Requests Product-Specific Exclusion Process From USTR

Congress has requested that the office of the United States Trade Representative (USTR) create the formal exclusion process for products outlined under the S301 List 3 tariffs. These tariffs for $200 billion worth of imports from China are scheduled to increase from 10 percent to 25 percent on March 2, 2019.

February 15, 2019

How To Address Your Supply Chain Complexities In 2019

Now that 2019 is underway and our clients are actively planning for the rest of the year, industry experts predict that demand for industrial technology and manufacturing will continue to grow.

February 15, 2019

TRADE NEWS: US Government Shutdown Averted, Possible Delay In Proposed S301 Tariffs

Impending US Government Shutdown Averted

On the afternoon of February 15, 2019, US President Donald Trump signed an emergency spending bill to avert a partial government shutdown. The legislation provides $333 Billion worth of funding to several key Cabinet agencies through September 2019.

February 12, 2019

IMPORTANT: New England Motor Freight Files Voluntary Chapter 11 Petition

New England Motor Freight (NEMF) announced on February 11, 2019 that it voluntarily filed for relief under Chapter 11 of the Bankruptcy Code in the US Bankruptcy Court for the District of New Jersey in Newark.

February 4, 2019

Give Thanks To Your Broker! Our Brokers Are At The Heart Of Our Industry

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.

January 31, 2019

Your Complete Guide to Cargo Insurance

Cargo insurance is one of the most proactive steps companies can take to protect their supply chain. Insurance safeguards shippers’ financial investments during domestic and international transit. While in transit, cargo is susceptible to natural disasters, severe weather, theft, pilferage, damage, fire and other challenges.

January 30, 2019

What To Do If You Need To Book Last Minute Shipments Before Chinese New Year

Believe it or not, it is still possible to ship items ahead of Chinese New Year. Starting on February 5, 2019, all manufacturing in and shipping to and from Asian ports will be affected by the celebration of Chinese New Year.

January 30, 2019

How To Avoid General Average with Cargo Insurance

Earlier this month, a fire broke out on the Hapag-Lloyd vessel Yantian Express as it departed from the Canadian port of Halifax. Crews immediately began attempts to extinguish the fire, however, the weather hampered efforts and there was severe damage to the vessel and cargo onboard.

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