International Trade University 'Free' Webinar Series–Begins March 19 The U.S. Census Bureau is offering and hosting 10 FREE webinars this spring. These webinar topics includes: Foreign Trade Regulations Automated Export System Guidance on classifying your product Bureau of Industry and Security’s 600 series All of the instructors are international trade experts … [Read more...]
$1.45 Billion in Penalties for Transactions with Sanctioned Parties
$1.45 Billion in Penalties for Transactions with Sanctioned Parties The Justice Department announced $1.45 billion in penalties to a global bank headquartered in Germany and its New York branch for concealing hundreds of millions of dollars in transactions prohibited by U.S. sanctions laws on behalf of Iranian and Sudanese businesses. From DOJ: Commerzbank AG, a global … [Read more...]
March is Irish-American Heritage Month & St. Patrick’s Day
March is Irish-American Heritage Month & St. Patrick's Day Congress proclaimed March as Irish-American Heritage Month in 1991, and the President issues a proclamation commemorating the occasion each year. Originally, a religious holiday to honor St. Patrick, who introduced Christianity to Ireland in the fifth century, St. Patrick’s Day has evolved into a celebration … [Read more...]
China – Europe Cargo Rail Services
China - Europe Cargo Rail Services From the Guardian: The longest rail link in the world and the first direct link between China and Spain is up and running after a train from Yiwu in coastal China completed its maiden journey of 8,111 miles to Madrid. The railway has been dubbed the “21st-century Silk Road” by Li Qiang, the governor of Zhejiang province, where Yiwu is … [Read more...]
IATA: Three Priorities for Air Cargo
Three Priorities for Air Cargo From Tony Tyler, IATA’s Director General and CEO at the opening of the 9th World Cargo Symposium in Shanghai, China. “Air cargo has had a challenging few years. 2014 saw the first significant boost in volumes since 2010, a trend we expect to continue this year. Revenues, however, are still down from the 2011 peak, and yields are falling for … [Read more...]