In addition to Revision 7 to the 2018 Harmonized Tariff Schedule, the following governmental notices may be of interest to our members and the trade: APHIS Proposed Rule regarding the Importation of Fresh Avocado Fruit from Continental Ecuador into the Continental United States; CPSC’s Proposed Rule regarding its Semiannual Regulatory…
Commerce lifts ZTE export ban
The $400 million placed in escrow followed a $1 billion penalty paid last month.
‘Pivotal’ EU ruling threatens use of transfer prices
For customs valuation purposes, the use of the transfer pricing method to calculate transaction value faces an uncertain future in the EU, as a European Court of Justice ruling could inhibit companies’ ability to make post-importation corrections.
Trucker Tools picks up $4.4 million investment
The freight-matching solutions provider will use the new funding to accelerate product development and implementation.
SGL takes majority stake in Malian 3PL
Danish company aims to better serve customers moving goods through West African ports.
Jamaica creates Special Economic Zone Authority
Prime minister wants to “show off our prowess in business, finance, trade and commerce” and logistics.
UPS, Teamsters reach five-year Freight labor pact
Threatened strike averted with agreement hammered out before Aug. 1 deadline.
Yilport seeks port concession in Taranto
The fast-growing Turkish port operator seeks to handle multipurpose terminals in southern Italy port.
Multipurpose shipping multilayered
The market outlook is improving, although earnings are not rising at the same pace as rates and demolitions are outstripping newbuilds.
Imports peak at Port of Oakland in June
Ports says volume could be a sign of strong peak season or shippers may be getting jump on tariffs.