It’s approaching the Christmas season and there are huge impacts for imports from Asia on the West Coast. We are once again hearing the stories that truck workers in ports of Los Angeles (L.A.) and Long Beach strike. And now the Teamsters are getting sued for allegedly conspiring against the
The dollar is at its highest value since 2003. This rise in value happened quickly. And very few predicted the strong dollar in mid-2014. The share rise of the dollar over the past few months means that imports to the United States are increasing.
The price for a barrel of oil is at its
Officially, it’s called Cai Shui no.37 (Circular 37) “Tax Policy Regarding Nationwide Implementation of VAT Pilot Program on Transportation and Modern Services Sectors”. What it means is a new China VAT for transportation amounting to 6% on all freight and some services related to freight.
Starting 1 August 2013, China
From US Customs:
In order to achieve the most compliance with the least disruption to the trade and to domestic port operations, CBP has been applying a measured and commonsense approach to Importer Security Filing (ISF or 10+2) enforcement. On July 9, 2013 CBP will begin full ISF enforcement, and