West Coast ports Meeting to Talk Contract Extension From Reuters: Major cargo shippers and the union representing dockworkers at 29 U.S. West Coast ports have agreed to talks on a possible extension of their current contract, which is set to expire in mid-2019, the two sides said in a joint statement on Tuesday. Negotiators for the Pacific Maritime Association (PMA) and … [Read more...]
Man Sentenced to 70 Months in Prison for Illegal International Procurement Network
Man Sentenced to 70 Months in Prison for Illegal International Procurement Network Alexander Brazhnikov Jr., from Mountainside, New Jersey, was sentenced to 70 months in prison for his role in an international procurement network that obtained and smuggled more than $65 million worth of electronics from the United States to Russia in violation of export control … [Read more...]
August Newsletter
August Newsletter August Updates: Destination Control Statements & More ⇒THE LATEST FOR EXPORTERS! U.S. Exporters: Destination Control Statements (DCS) Changing →Effective date in 2016 Export Packing Guidelines, Incoterms and Violations - To see the entire August Newsletter … [Read more...]
Exporters: Who is the USPPI? It could be YOU!
Exporters: Who is the USPPI? It could be YOU! From Global Reach~ The USPPI is the person or legal entity in the United States that receives the primary benefit, monetary or otherwise, from an export transaction. The following parties can be the USPPI: U.S. seller (wholesaler or distributor) of goods for export U.S. manufacturer (if selling the goods for … [Read more...]
$9.4 Million Penalty for Violations with OFAC & BIS
$9.4 Million Penalty for Violations with OFAC & BIS With over 100 violations, Alcon Pharmaceuticals Ltd. (of Fribourg, Switzerland) and Alcon Laboratories (Dallas/Fort Worth, TX) have agreed to pay a total of $9.4 million in penalties to settle charges that it violated U.S. economic sanctions and export controls by engaging in the sale and exportation of medical end-use … [Read more...]