West Coast: Congestion felt through 2nd Quarter Retailers were impacted by the West Coast contract negotiations that resulted in a later start to the spring season. This will cost the U.S. retailers an estimated $7 billion this year. From JOC: Many major retailers say they've had to cutback calendars and build up inventories well in advance in the second quarter, or … [Read more...]
USPPI Responsibilities – Checklist
USPPI Responsibilities - Checklist Here is a checklist that will assist as a tool for establishing procedures and collecting information to ensure that your organization complies with all FTR’s and other government regulations: Did I check to see if any of the goods have the proper licenses? Are any products on the U.S. Munitions List (USML)? If yes, does this … [Read more...]
USPPI Responsibilities
USPPI Responsibilities What is a USPPI? The USPPI, as defined by FTR (Foreign Trade Regulations), is the person in the United States that receives the primary benefit, monetary or otherwise, of the export transaction. If you are the recipient of the purchase order from the overseas party for cargo that is exported and your invoicing them for the product, you are the USPPI … [Read more...]
Tianjin Port Blasts – Thunderstorms complicate recovery
Tianjin Port Blasts - Thunderstorms complicate recovery From AP (via ABC News): Thunderstorms Tuesday complicated recovery efforts from last week's massive explosions at a warehouse in China's Tianjin port that killed at least 114 people, left 57 missing and exposed dangerous chemicals — including some that could become flammable on contact with … [Read more...]
Imports and the Automated Export System (AES) Filing Requirements
Imports and the Automated Export System (AES) Filing Requirements Is an AES filing required for goods that previously entered in the United States, Puerto Rico, or the U.S. Virgin Islands? From Global Reach: To answer that question it is important to know how the goods were imported. When goods come into the United States they are processed by U.S. Customs and Border … [Read more...]