How to Meet the SOLAS Container Weight Mandate Approximately 20% of containers at any given time are declared in error, and upwards of two-thirds of all cargo claims may be attributed to these declared errors and poor container packing. From 2006 to 2011 alone, an estimated $12.8 million dollars in losses stemmed from these errors of cargo weight. This is the reason the … [Read more...]
Coast Guard: No Delay – Container Weight Rule BUT No Penalties for Shippers
Coast Guard: No Delay Container Weight Rule BUT No Penalties for Shippers From Wall Street Journal: Shippers that fail to properly weigh containers won’t face fines or other charges under a new rule, though they may find their goods left on the docks. U.S. shippers that fail to properly weigh containers won’t face fines or other penalties under a new rule passed by an … [Read more...]
OFAC – Barclays Bank Settlement Agreement for Violations of Zimbabwe Sanctions
OFAC - Barclays Bank Settlement Agreement for Violations of Zimbabwe Sanctions OFAC [U.S. Department of the Treasury’s Office of Foreign Assets Control] announced a $2,485,890 settlement with Barclays Bank Plc (Barclays). Barclays agreed to settle its potential civil liability for 159 apparent violations of the Zimbabwe Sanctions Regulations, 31 C.F.R. Part 541. From July … [Read more...]
UPDATE on ACE: Delay – CBP has implemented a staggered approach to the mandatory filing
UPDATE on ACE: Delay - CBP has implemented a staggered approach to the mandatory filing From CBP - CSMS #16-000093: CBP has implemented a staggered approach to the mandatory filing of electronic entries and corresponding entry summaries in ACE, and the decommissioning of electronic entry/entry summary filing capabilities in the Automated Commercial System … [Read more...]
FAA Advises Assessment of Lithium Batteries Risk
FAA Advises Assessment of Lithium Batteries Risk The Federal Aviation Administration (FAA) yesterday issued a safety alert to US and foreign commercial passenger and cargo airlines, urging them to conduct a safety risk assessment to manage the risks associated with transporting lithium batteries as cargo. The FAA says it also is issuing guidance to its own inspectors to … [Read more...]