Ascent Global Logistics Blog
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.
With several proposed tariff lists that are slated to go into effect, now is the time to start thinking about gaining visibility and improving efficiency within your supply chain.
If you are an importer, here is what that would look like.
Over the past 24 hours, many parts of the Midwestern United States have experienced up to 12 inches of snow accumulation. As a result, critical shipping lanes throughout the United States could experience significant delays.
Let’s face it: getting money back is not always ‘common cents.’ While Duty Drawback can be accessible, it is still a very long and complex process to receive Duty Drawback from your import activities.