The reality of being a trade-dependent company involves understanding and abiding by its governing laws and regulations, and it can’t just be when financial times are good and/or compliance-related problems are inexpensive to fix.
News & Analysis
10 Feb 2016
Maersk Line, Mediterranean Shipping Co. and more than a dozen other carriers will revise their pricing practices to avoid fines and end an EU antitrust suit and investigation, people familiar with the matter told Reuters.
29 Oct 2015
Too few shippers are ready to meet new global regulations requiring the weighing of containers before they are allowed to be loaded onto a ship, said Chris Welsh, secretary general of the Global Shippers’ Forum, the largest global shipper group. Welsh spoke with JOC.com Executive Editor Mark Szakonyi in late September about the risks of not complying with the rules set to take effect July 1, ways to meet the International Maritime Organization regulations and the complicated issue of who exactly is a “shipper.”
23 Oct 2015
The U.S. Federal Maritime Commission voted 4-1 to change licensing and financial responsibility requirements for ocean transportation intermediaries, despite objections from one commission member.
19 Oct 2015
Customs and Border Protection directors Friday urged West Coast brokers and forwarders that haven’t done so to begin filing trade documentation through the evolving “single window” initiative that CBP and several participating government agencies have established, even though mandatory electronic filing is still more than four months away.
11 Mar 2015
Global trade management company Amber Road adds new sourcing and manufacturing capabilities by acquiring Hong Kong-based ecVision.
13 Feb 2015
U.S. Trade Representative Michael B. Froman announced Wednesday that the Obama administration is filing a sweeping case at the World Trade Organization against a Chinese government program known as the National Auto and Auto Parts Export Base.