While the trade world has been focusing on the S232 and S301 remedy tariffs, the Miscellaneous Tariff Bill of 2018 has been quietly implemented. This has allowed for a temporary reduction or suspension of import tariffs paid on particular imported items into the United States.
As the capacity crunch continues, freight demand levels are at an all-time high. LTL carriers are now charging an Over Dimensional fee when a shipment contains an article that is eight or more feet in length.
When is the last time you found a few random quarters lying around your house? Was it last week? Last month? Last year? One can only imagine how satisfying it was to find extra change lying around.
In 2018, the S232 and S301 tariffs have increased duty payments to Customs and Border Protection (CBP) by up to 25 percent. Ultimately, this affects the daily duty payments to CBP and the subsequent billing from Ascent Global Logistics.
In recent years, the United States government and Customs and Border Protection (CBP) have taken a closer look at goods imported into the United States that are potentially made from forced labor or child labor.
On August 25, 2018, National Motor Freight Traffic Association, Inc implemented a change in the National Motor Freight Classification (NMFC) of cleaning compounds under NMFC 48580. Prior to August 25, NMFC 48580 had three subclasses: 100, 70 and 55.
In May 2016, the American Manufacturing Competitiveness Act was enacted, which established a new process for “the submission and consideration of petitions for temporary duty suspension and reductions.”
While most freight shipments are transported via less-than-truckload or truckload, there’s another method of transportation that could be a more economical choice for your business: partial truckload. Although partial truckload isn’t the most common shipping method, it can be a great supplement to your overall transportation strategy.
With all the recent updates to tariffs, Ascent Global Logistics hopes to provide key information that will allow you to maintain peak supply chain performance. Currently, there are three main lists of tariffs of U.S.