Below is a listing of Federal Holidays for Calendar Year 2023. 2023 Holiday Schedule Date Holiday Monday, January 02 * New Year’s Day Monday, January 16 Birthday of Martin Luther King, Jr. Monday, February 20 ** Washington’s Birthday Monday, May 29 Memorial Day Monday, June 19 Juneteenth National Independence Day Tuesday, July 04 Independence Day Monday, […]
Read MoreIn the Modernization of the Customs Broker Regulations Final Rule (87 FR 63267) under 19 CFR 111.36(c)(3), which becomes effective on December 19, 2022, a broker must execute a power of attorney (POA) directly with an importer of record (IOR) or drawback claimant (client) and not through a freight forwarder or other third party in order […]
Read MoreWhat is Section 321? Section 321(a)(2)(C) of the Tariff Act of 1930, as amended, authorizes CBP to provide an administrative exemption to admit free from duty and tax shipments of merchandise (other than bona fide gifts and certain personal and household goods) imported by one person on one day having an aggregate fair retail value […]
Read MoreNew Final Rules and Regulation Updates Take Effect December 2022 —U.S. Customs and Border Protection (CBP) announced changes to Part 111, Chapter 19 of the U.S. Code of Federal Regulations (CFR) will take place October 18, 2022, with the publication of two Final Rules: “Modernization of the Customs Broker Regulations” (87 FR 63267) and “Elimination […]
Read MoreUSTR formally announced Wednesday that the agency will open a portal on November 15 to receive public comment on “the effectiveness of the (Section 301 / China tariff) actions in achieving the objectives of the investigation, other actions that could be taken, and the effects of such actions on the United States economy, including consumers.” This is the next […]
Read MoreThe International Trade Commission’s latest round of changes to the Harmonized Tariff Schedule became effective on January 1, 2023. To help trade professionals stay current on these tariff revisions and statistical reporting changes, please review the: 2023 U.S. Harmonized Tariff Schedule Guide published by International Trade Today
Read MoreU.S. Customs and Border Protection announced the publication of the Notices of Proposed Rulemaking (NPRMs) for the long-awaited update to 19 CFR 111. The NPRM for the Modernization of the Customs Broker Regulations (85 FR 34836) and the NPRM for the Elimination of the Customs Broker District Permit Fee (85 FR 34549) were published on June […]
Read MoreThe Federal Maritime Commission (FMC) is establishing three new initiatives that will provide enhanced assistance to shippers, continue to improve legal and regulatory compliance of regulated entities, and focus on remedies to supply chain problems. At the direction of Chairman Daniel Maffei, the Commission will: establish a new and permanent International Ocean Shipping Supply Chain […]
Read MoreThe U.S. Federal Maritime Commission (FMC) announced increased monitoring requirements for alliance carrier operations. The three global ocean carrier alliances (2M Alliance, Ocean Alliance, and The Alliance) and each of their member companies will now be required to provide enhanced pricing and capacity information. This information will help the FMC assess ocean carrier behavior and marketplace competitiveness. The […]
Read MoreAmerica’s seaports are critical gateways for goods entering and leaving the United States. Last year, many West Coast ports struggled to keep pace with the enormous amount of goods arriving from Asia, resulting in long delays to deliver home goods, electronics, holiday gifts, and other products to U.S. consumers. This year, the West Coast ports […]
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