Over the last year, three lists of products being imported from China have been hit with large tariffs of 10% to 25%. The reasoning for these was to balance out what the Trump administration believed to be unfair trade practices by China, with the goal of increasing...
Cyber attacks and breach of security can cost companies millions of dollars especially when those breaches affect import/export data and record keeping. In 2017, the NotPetya attack on Maersk’s computer network cost the company over $300 million. In 2018, COSCO had a...
Greetings! Earlier this year, the Trump Administration announced that vast categories of products originating in China would be subject to new tariff rates starting July 6th. Only a few days prior to their implementation, it was announced that these new duties would...
ATTENTION! 7/6/18 President Trump just announced he is moving forward with the section 301 tariffs on Chinese products in response to China’s unfair trade practices and theft of intellectual property. Originally, is was determined 301 duties were ineligible for...
APL will be launching a new weekly EAGLE EXPRESS X Service (EEX) starting in July 2018. The service is said to be faster than other carrier’s service with 11 day transit time from Shanghai to Los Angeles and 12 days transit time from Ningbo. EEX service will offer a...
By David Verkaik, VP of Drawback Development February 24th, the date at which the Trade Facilitation and Enforcement Act of 2015 (TFTEA) will fully go into effect, is rapidly approaching. This new law has the opportunity to create considerable drawback opportunities...
