by Jon Sabel | Jul 23, 2021 | Duty Drawback
This week, U.S. Customs released data detailing how much they’ve collected overall on new duties. Since its implementation in March of 2018, just under $100 billion in tariffs on 301 duties have been brought in. These duties, paid on imports from China and Europe, are...
by Jon Sabel | Jul 13, 2021 | Duty Drawback, Letter From The CEO
With all the changes that have come to tariffs and Customs regulations over the last several years, it’s worth every importer asking themselves if they have checked their potential for duty drawback returns lately. Increased duties on huge amounts of products as well...
by Jon Sabel | Jul 1, 2021 | Market Reports
Rate & Market Information Space situation remains tight with further blank sailings and vessel delays due to port congestions. Normal FAK rates have increased further with PSS / GRI effective from 1 June. IPI rates have a big jump of GRI of $1000 to $2000 per FEU....
by Jon Sabel | Jun 1, 2021 | Market Reports
Rate & Market Information Space situation remains tight with further blank sailings and vessel delays due to port congestions. Normal FAK rates have increased further with PSS / GRI effective from 1 June. IPI rates have a big jump of GRI of $1000 to $2000 per...
by Jon Sabel | May 19, 2021 | Import/Export News, Letter From The CEO
This week trade representatives from the United States and the European Union made a joint announcement that they will be working on an initiative, sure to please importers and exporters in the United States, to explore the reduction and possible removal of Section...