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HOLIDAY UPDATE: October 5, 2022
Please note there will be no Factoring advances on Wednesday, October 5, 2022 in observance of Yom Kippur. PO Funding & LC transactions will be extremely limited. Please plan accordingly.
expresstradecapital
ETC Lets The Dogs Out With $4.5 MM Factoring And 500K PO Funding Lines For A Canine Baked Goods Co.
For over 20 years, the client dug a niche producing bakery-style specialty dog treats exclusively out of their facilities in Arkansas. The treats are human grade, decorated with dog friendly frosting, and intended as special treats for pets to enjoy…
Express Completes $7MM Factoring and $3MM PO Funding Deal for Hong Kong-based Denim Wholesaler.
In September 2022, Express Trade Capital Inc. secured a deal for a Hong Kong-based denim manufacturer who will work directly with top U.S. retailers who previously bought their denim goods through indirect wholesale channels. The prospect reached out to Express to…
SUPPLY CHAIN UPDATE: U.S. Rail Strike has been Deterred.
U.S. Rail Strike has been Deterred as Freight Railroads and Unions Reach Tentative Agreements. Earlier today, the 46th President of the U.S, Joe Biden has released a statement on the tentative Railway Labor Agreement. It reads as follows: “The tentative…
Trade Update: USTR Declares for Continuation of China 301 Tariffs.
On September 02, 2022 the United States Trade Representative declared a continuation of China 301 Tariffs in a press release. It reads as follows: “WASHINGTON – Today, the Office of the United States Trade Representative confirmed that representatives of domestic industries…
HAPPY LABOR DAY WEEKEND FROM ETC!
Happy Labor Day weekend to our employees, clients and partners. The world runs on your contributions and you all deserve recognition. We hope you have a great holiday weekend.
LABOR DAY HOLIDAY HOURS.
Due to the upcoming Labor Day Holiday, our office will be closing Friday, September 2nd at 3 p.m. EST and be closed on Monday, September 5th in the observation of the holiday. Please contact your account officer to plan accordingly during this time frame. We…
TRADE UPDATE: September 2022 Webinar Schedule Dates Announced by NCSD.
On August 8th, U.S. Customs and Border Protection announced September 2022 webinar schedule hosted by National Commodity Specialist Division (NCSM) in CSMS #52901250. You may find the registration links below: Thursday, September 1, 2022 | 1:30 p.m. EDT – Classification…
Trade Update: U.S Customs User Fees Changes Effective October 1, 2022
The latest in user fee changes have been announced by the U.S Customs and Boarder Protection in CSMS #52834229. The message reads as follows: “Pursuant to the General Notice (87 FR 46973) published August 1, 2022, adjustments to certain customs…
GLOBAL TRADE MARKET UPDATE.
On June 14,2022 the PMA( Pacific Maritime Association) and ILWU ( International Longshore and Warehouse Union) have issued a joint statement assuring an interruption free pathway, even in the case of negotiations extending beyond July 1, 2022. Nonetheless, the present…