The Ocean Shipping Reform Act of 1998, which amended the Shipping Act of 1984, went into effect on May 1, 1999. This shipping act combined non-vessel operating common carriers (NVOCC) and ocean freight forwarders under one category labeled “ocean transportation intermediary” (OTI).
S232 tariffs were ruled constitutional in March of this year by the Court of International Trade. With this ruling, the S232 tariffs are expected to continue into the foreseeable future.
On Sunday, May 5, the Administration announced that List 3 of the S301 tariffs, which are currently at 10% on $200 billion of Chinese imports, will be increasing to 25% effective Friday, May 10, 2019.
The Panama Canal Authority (ACP) imposed a draft restriction of 47 feet in mid-March. ACP plans to impose a more severe limit on April 11, 2019. This will directly impact the size and number of TEUs that will be available for loading through the Panama Canal.
Supplement 1 from the Commodity Classification Standards Board has been posted. This notice lists various changes to NMFCs and packaging rules that will go into effect on April 27, 2019.
The Formaldehyde Standards for Composite Wood Products Act, also known as the TSCA Title VI, was fully implemented as of March 22, 2019 following a nine-year waiting period.
Now that winter is almost over, demand for seasonal products such as flowers, plants and produce continues to grow. Shippers who transport goods from the Southern United States to the Midwestern and Northeastern United States will want to make sure their seasonal shipping knowledge continues to blossom.
The office of the United States Trade Representative (USTR) recently issued a notice, officially “postponing” the tariff rate increase “until further notice.” S301 List 3 tariffs will remain at 10 percent instead of increasing to 25 percent.
Last week, US Customs and Border Protection (CBP) Commissioner Kevin McAleenan announced that CBP will reassign up to 750 officers from ports of entry along the US-Mexico border. These officers will assist US Border Patrol with processing an increased number of migrant crossings.