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U.S. Customs and Border Protection (CBP) and the Office of the U.S. Trade Representative (OTR) are working to restructure the Merchandise Processing Fee (MPF) due to the Trans-Pacific Partnership (TPP). Further information has been provided regarding the proposed plan for…
Sadie Keljikian, Express Trade Capital After a year of investigations, China announced fines for eight international shipping companies for violating price fixing laws. The fines represent the most significant attempt by authorities to crack down on colluding in a sudden enforcement of an…
U.S. Customs and Border Protection (CBP) has entered the third phase of its renewed Generalized System of Preference (GSP) Retroactive Refund Processing. The system was enacted on July 29th, 2015 and remains in effect through December 31, 2017. During the third phase, importers…
Sadie Keljikian, Express Trade Capital The international shipping industry is preparing for a PR backlash and new rounds of taxes in the aftermath of the upcoming Paris Climate conference. The annual United Nations summit, which is set to take place November 30th through…
Sadie Keljikian, Express Trade Capital Officials warn that a second explosion at the port in Tianjin, China on October 12th could have contaminated goods scheduled for export. The FDA is requiring importers to submit entry and shipping documents for all human…
Due to the Pope’s visit to the U.S., FedEx, UPS, and USPS have all announced expected delays and disruptions to delivery services to the Washington, D.C., New York, NY and Philadelphia, PA metro areas between September 22nd and September 27th. Based…
Sadie Keljikian, Express Trade Capital The Honorable Albert Isola, Gibraltar’s Minister for Shipping, hosted a working breakfast at Gibraltar House in London recently to draw attention to the ongoing work being done to make Gibraltar a more attractive port to…
Sadie Keljikian, Express Trade Capital Q3, often the most profitable season for the Asia-Europe trade lane, has been decidedly lackluster thus far. Analysts largely attribute the decline to the recent Russian economic downturn. Merchandise for the winter holiday season typically…
Sadie Keljikian, Express Trade Capital Qatar is bolstering efforts to root out illicit goods at both its sea and land ports. The Committee of Security Agencies in Ports of Entry into Qatar has signed an agreement with the Chinese company Nyuktk to develop and install…
Sadie Keljikian, Express Trade Capital Dangerous goods are once again allowed into port at Tianjin, China with proper documentation submitted to the carrier. Regulations on hazardous materials are more closely monitored, in light of the explosion that devastated the port…