Spot rates in the westbound Pacific took a sizable drop this month due to declining US exports to Asia, which are resulting in especially low vessel utilization rates. The normal strong rebound, which should begin in November, could be muted as a result.
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Customs Regulations
Customs Regulations
With its more than 60,000 employees, US Customs and Border Protection (CBP) is charged with facilitating lawful international travel and trade. As the first unified border entity for the United States, CBP takes a comprehensive approach to border management and control, combining customs, immigration, border security, and agricultural protection into one coordinated and supportive activity.
On a typical day, CBP screens tens of thousands of cargo containers. Each year, CBP facilitates an average of more than $3 trillion in trade, while enforcing trade laws.
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News & Analysis
20 Aug 2019
The inefficiencies inherent in the Mexican customs process could be reduced through reforms, including a more standardized interpretation of customs laws, stakeholders say.
19 Aug 2019
A new agreement between the US and Canada will allow the two countries to fully clear cargo before railroads and trucks reach landside ports of entry, reducing congestion and freeing up customs officials.
01 Aug 2019
The head of the Mexican agency overseeing the country’s port system said it should be made more efficient and less expensive for shippers, reflecting shipper concerns the system is burdensome and unpredictable.
26 Jul 2019
A recent uptick in pest presence in properly treated and marked wood packaging materials (WPM) has US Customs and Border Protection (CBP) rethinking its ISPM 15 enforcement policies.
22 Jul 2019
US importers say they face a lack of alternatives, feedback, and proactive sourcing information from enforcement officials when treated and apparently compliant wood packaging materials (WPM) fail ISPM 15 inspection.
16 Jul 2019
The 90-day suspension of MSC from the Customs-Trade Partnership Against Terrorism after nearly 20 tons of cocaine were seized at the Port of Philadelphia June 17 sends a clear warning to major container lines.
09 Jul 2019
US authorities’ consideration of forfeiting the vessel, which is owned by JP Morgan, could push up MSC’s charterer rates, compounding the pain the carrier has already suffered via delayed shipments, added docking fees, and damage to its brand.
08 Jul 2019
The US has hit the pause button in its trade war with China and has shifted its attention back to Europe where tariff threats are hurting business confidence, especially in the German vehicle and spare parts market.
02 Jul 2019
Monterrey-based aluminum manufacturer Riisa wants to increase exports to the US but must deal with local capacity shortages and logistics challenges in Laredo, the largest US truck border crossing.
20 Jun 2019
The 90-day suspension from the Customs-Trade Partnership Against Terrorism means the container line will no longer enjoy “trusted trader” status, increasing the likelihood of import shipment delays.
07 Jun 2019
Shippers and providers are watching Mexico’s new customs head to see if he can improve the fluidity of imports even as supply chains handle ever more cargo.
10 May 2019
US imports of goods that left China prior to Friday’s increase of tariffs from 10 percent to 25 percent may be able to enter the country at the lower duty rate under certain circumstances.
01 May 2019
US importers paying tariffs might have some remedies at their disposal to limit their financial obligation, but many don’t know their options and are leaving valuable savings on the table.
16 Apr 2019
Customs services at Mexico’s largest port will be available round the clock under a plan that federal customs authorities are putting together to help move cargo through the port more quickly.
26 Feb 2019
Enforcement of a revamped customs program requiring carriers to electronically submit manifest data prior to arrival or departure at Indian ports had already been pushed back twice.
14 Feb 2019
Consolidation in the GTM software space and Maersk's purchase of customs broker Vandergrift are signs shippers want to more closely link logistics and compliance activities.
12 Feb 2019
The deal gives the company more trade compliance firepower to accelerate its evolution to an integrator able to provide deeper supply chain management to shippers.
31 Jan 2019
The Bangladesh government is introducing pre-arrival processing of import documents at ports in July.
23 Jan 2019
The new rule is similar to 24-hour advanced manifest rule for US cargo and recent regulatory changes in China.
18 Jan 2019
For the new fee, the port promises timelier inspections and fewer detention and demurrage charges.
16 Jan 2019
Nuisances are popping up that irk port authorities and customs brokers.
09 Jan 2019
The United Kingdom is scheduled to leave the European Union on March 29 but is struggling to reach a deal on trade that would limit disruption.
07 Jan 2019
The Shenzhen port of Shekou has opened a consolidation center that will ease customs restrictions on China's growing LCL cargo imports.
04 Jan 2019
Delays may occur if paperwork is flagged by a federal agency in which staffers are furloughed.
05 Dec 2018
Following complaints from at least 10 port members, the American Association of Port Authorities (AAPA) urged Customs to provide its reasoning for focusing on often “expensive, overbuilt” facilities — the resources for which the AAPA says can be better-allocated.
21 Nov 2018
The trial program applies to Bangladeshi goods transiting through the border checkpoint at Petrapole — known as a “land customs station (LCS)” — for transshipment via the ports of Kolkata and Nhava Sheva-JNPT.
20 Nov 2018
Trying to prepare for something as significant and as unclear as Britain's exit from the European Union is not easy for supply chains that only work with a clear understanding of what is required for each step of the logistics process.
06 Nov 2018
Sponsored: MSC's Laurent Audaz on addressing the problem of counterfeiting and smuggling, as well as other cargo declaration concerns.
01 Nov 2018
That impressive ease-of-doing-business performance, following a 30-spot improvement in the previous survey, has positioned India as the “top-ranked economy” in the South Asian region, according to the World Bank.
25 Oct 2018
The Chittagong Customs House Wednesday issued the handling notification, which was requested by the Chittagong Chambers of Commerce and Industry.
24 Oct 2018
Integration Point is one of the largest providers of trade compliance software — tools that allow global shippers to manage customs regulations across the world, but also to strategize around the use of free trade zones and other ways to reduce duty exposure.
15 Oct 2018
Containerized exports of recyclables, first hit by China's Jan. 1 tightening of environmental restrictions, were dealt another shot by the imposition of a 25 percent tariff in late August — something that will be felt in the months ahead.
Commentary
What faster liquidation for Section 232 imports mean