Ascent Global Logistics Blog

November 4, 2019

Insuring Overseas: Your Guide to International Cargo Insurance

Trading globally involves risks, but having international cargo insurance is one of the best ways to offer peace of mind to both the buyer and the seller. Ascent Global Logistics wants your shipments to be monetarily safeguarded against physical loss or damage while in transit.

October 25, 2019

Incoterms 2020 Explained

The International Chamber of Commerce (ICC) has recently published its new version of Incoterms 2020. The Incoterms rules help individuals and companies that participate in the import and export of global trade on a daily basis.

October 24, 2019

USTR to Begin Accepting List 4 Tariff Exclusion Requests on October 31

The USTR (United States Trade Representative) has announced that on October 31, 2019, it will begin to accept tariff exclusion requests for Chinese imports that are subject to an additional 15 percent tariff (List 4), which went into effect on September 1, 2019. 

October 22, 2019

Make Sure You Bundle Up (Your LTL and TL Shipments) This Winter!

Are you managing shipments with multiple carriers or 3PLs? Do you crave the simplicity of shipping through just one company? Processing shipments through different providers can be a headache. Each carrier or 3PL operates slightly differently, making your internal processes and controls a moving target.

October 18, 2019

$7.5 Billion in U.S. Tariffs Enacted Today on Specialty Foods From The EU

U.S. tariffs totaling to $7.5 billion will be enacted on the European Union today. Producers of specialty food products such as Italian Parmesan, French wine and Spanish olives have been put on the bargaining table as recompense for the illegal EU Airbus subsidies reported earlier this month.

October 16, 2019

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

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

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 MTB Portal this Friday, October 11, 2019 to allow U.S.

October 8, 2019

Compliance Circular: October 2019

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