A week ago Monday, nobody outside of cargo owners and logistics professionals who knew the name “Ever Given” had the slightest clue that TEU means “Twenty-foot Equivalent Unit” and likely couldn’t find the Suez Canal on a map. But last Tuesday, the grounding of the 20,000 TEU ship captured the world’s attention, drove up oil […]
In 2015, the passage of the Trade Facilitation and Trade Enforcement Act (TFTEA) brought a renewed interest and focused by Customs and other government agencies on many issues. Forced labor was a key area the agency cited that would receive greater attention, and since passage, the agency has taken several significant steps in this area. In both the previous […]
The shipping and supply of food and beverage is a complicated process that involves a lot of moving pieces and changing variables. Companies that are looking to improve the shipping and logistics processes of their food and beverage products should consider outsourcing their operations to a third-party logistics provider (3PL). Finding the perfect requires a […]
For logistics managers and supply chain officers responsible for their company’s overall transportation spend, 2020 and 2021 have proven to be difficult to highly impossible. Whether port congestion, astronomical rates, or lack of equipment, the ability to move cargo at forecast landed costs has evaporated. Added to these costs are additional duties for trade remedy […]
Implementing sustainable production and shipping practices for your organization may seem like a massive undertaking, but it’s an incredible opportunity to conserve resources and save money. Many footwear and apparel brands have shifted production to focus on a more sustainable approach to fulfilling demand for consumers. By minimizing the use of resources like energy, water, […]
The escalating game of tit-for-tat over the issue of subsidies to Boeing and, Airbus which was adjudicated before the World Trade Organization, has seen a significant decrease in temperature than the U.S.’s steps. Most recently, with both the European Union and the United Kingdom last week. The United States Trade Representative first announced a four-month suspension […]
At the beginning of March, fifty or so days into the Biden Administration as of publishing, the President’s Cabinet, Ambassadors, and other Executive Office personnel continue to move through the nomination and confirmation process. For businesses involved in international trade – specifically with China – the team setting policy and managing the relationship will include […]
Since the end of November, a spate of incidents at sea has led to the loss at sea of thousands of containers. Most were filled with cargo in transit between the US and Asia. Still, one westbound vessel lost several empty containers desperately needed to fill with export orders bound for America and Europe. While […]
Despite the pandemic, Customs and Border Protection has once again produced their annual report detailing the agency’s trade and travel facilitation and enforcement efforts. In a surprise to no one, while passenger processing was down, trade was up slightly and the agency’s enforcement efforts were focused as they usually are on counterfeit and pirated goods. […]
In 2015, the Trade Enforcement and Trade Facilitation Act (TFTEA) passed Congress and signed into law. While the name of the act rightly gives the impression that it focused on strengthening trade enforcement processes, it also raised the de minimis, or minimum, amount for entry without an entry submitted to CBP for release. Initially enshrined under what […]
