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Important Upcoming Information: On Monday, September 28, there will be no funding available of any-kind (including the issuance of LC’s). Please advise, we are still open to handle all other client relations. Please contact your account officer to plan accordingly…
Important Upcoming Information Due to the upcoming Federal Holiday, our office will be closing at 3PM on Friday, September 4th through Monday, September 7th. Please contact your account officer to plan accordingly during this time frame, We greatly appreciate your…
By: Dina Davletshina, New Business Development COVID-19 has disrupted nearly every part of our lives. Yes, the public health consequences are tragic. But along with this, small and large businesses alike are feeling significant economic pain. Companies in the consumer…
Dear Valued Client: Due to the market disruption caused by the COVID-19 virus, many stores are postponing, rejecting and even canceling orders, while others are delaying payment on existing receivables. We understand that these issues will cause cash flow problems…
As each new day unfolds during the current COVID-19 crisis, we are continuing to keep you updated on important information that we believe is relevant. We encourage you to research all your options and reach out to your account officer…
In response to the difficulties facing American businesses due to the COVID-19 pandemic and associated control measures, Customs and Border Protection is contemplating granting relief to importers. In consideration of requests from the National Customs Brokers and Forwarders Association Customs…
Overall Market Conditions: China officials have extended the Spring Festival Holiday until after February 2. The length of the extensions may vary depending on the location. Shanghai has extended until February 10, while others until February 14 or longer. As…
Carli Valinoti, Express Trade Capital After months of negotiation, the US and China have announced that they have come to an agreement on trade. The US will cut the current taxes on $120 billion of Chinese goods from 15% down…
By: Carli Valinoti – Express Trade Capital, Inc. It’s not uncommon in today’s retail market that large companies who have been around for years are forced to file for bankruptcy. With growing competition from online retailers, including Amazon, stores have…
After meeting with Vice Premier Liu He of the People’s Republic of China, President Trump announced in a news release on October 11, 2019 that the duty increase from 25% to 30% on List 1, 2, and 3 products would…