Ascent Global Logistics Blog
The Commodity Classification Standards Board (CCSB) has posted proposed amendments to the National Motor Freight Classification (NMFC). These amendments will be published, pending reconsideration, on December 5, 2019 and are expected to go in effect on January 4, 2020.
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.
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 daily import and export of global trade.
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.
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.
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.
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.
The current Miscellaneous Trade Bill (MTB) (H.R. 4318) is in place through December 31, 2020. However, the USITC is opening the new Miscellaneous Tariff Bill Portal this Friday, October 11, 2019 to allow U.S.