Ascent Global Logistics Blog
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.
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.
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.
As the longest United States government shutdown in history continues, importers, exporters and trade agencies are beginning to feel the impacts. Typically, organizations such as the Federal Maritime Commission (FMC) and US Customs and Border Protection (CBP) would be in high gear.
As the new year begins, many will make New Year’s resolutions to save money, lose weight, get in shape, travel more, read more books, learn a skill or hobby and a whole host of other goals.
In a time where domestic shippers face capacity issues and driver shortages, it is important that you re-evaluate your promotional product shipment strategy. Fortunately, the shipping experts at Ascent Global Logistics have the tools and knowledge to help you beat the odds and overcome your promotional product shipping challenges.
United States Trade Representative (USTR) issued a Federal Register notice today to delay collection of 25 percent S301 duty rate on List 3 goods until March 2, 2019. Click here to see the official statement from the USTR.
The anticipated 25 percent tariff increase scheduled for January 1, 2019 is in current delay by the Trump administration, however, shippers have been actively moving billions of dollars of goods into US ports for several weeks to arrive before January 1, 2019.
Each product that is imported into the United States and cleared through Customs and Border Protection (CBP) is required to be classified based on The Harmonized Tariff System of the United States.