Bankruptcy Looms for Hanjin Shipping as Creditors Pull OutBankruptcy Looms for Hanjin Shipping as Creditors Pull Out
- August 30, 2016
Recent news out of South Korea suggests that Hanjin Shipping Company has lost the support of its creditor banks and may be headed for bankruptcy. The news, as reported by the Journal of Commerce, has prompted the Korean Exchange to halt trading in Hanjin shares as it looks for further clarification from the Hanjin Group. […]
Continue Reading »U.S. Added to China’s Zika Infected Countries ListU.S. Added to China’s Zika Infected Countries List
- August 22, 2016
On August 5th, the U.S. was added to the Chinese government’s list of Zika infected countries as a result of the localized outbreak in South Florida. The news of the inclusion of the U.S. on this list has been followed by a significant amount of confusion and vagueness concerning what the effects that this news […]
Continue Reading »SOLAS Impact on Export Process ProcedureSOLAS Impact on Export Process Procedure
- June 20, 2016
As we approach the July 1st implementation date for the Safety of Life at Sea (SOLAS) Convention Amendments, Shapiro wants to remind our valued export customers of the upcoming changes to the export process, particularly in regards to the determination of the Verified Gross Mass, or VGM. On July 1st, the VGM will need to be […]
Continue Reading »Urgent Notice! Importer Security Filing (ISF) Enforcement UpdateUrgent Notice! Importer Security Filing (ISF) Enforcement Update
- June 17, 2016
Customs & Border Protection (CBP) at U.S. ports is no longer required to send requests for liquidated damages (LD) to its Headquarters for approval. Non-compliant Importer Security Filings can result in cargo holds at the port instead of, or in addition to, liquidated damage claims. Additionally, liquidated damage claims against importer bonds will no longer […]
Continue Reading »Newly Required FDA Cosmetic, Food and Medical Device Data Elements in ACENewly Required FDA Cosmetic, Food and Medical Device Data Elements in ACE
- June 10, 2016
Shapiro is fully programmed for all FDA filings and has been actively filing FDA though ACE for many months. Under the ACE platform FDA is requiring additional, and in many cases new information, to be submitted in import entries. Specifically all entries for FDA Food, Cosmetics and Medical Devices are affected. Below is a list […]
Continue Reading »CBP Sets An Ambitious Deadline for FDA Entries and Entry Summaries of June 15, 2016CBP Sets An Ambitious Deadline for FDA Entries
- May 16, 2016
As of June 16, CBP will require filing in ACE of FDA entries and entry summaries under entry types 01, 03, 06, 11, 23, 51 and 52. CBP boldly stated that the Automated Commercial System (ACS) “will no longer be a CBP-authorized [electronic system] for purposes of processing these electronic filings.” While the agency concedes […]
Continue Reading »Obama Signs the Trade Facilitation and Trade Enforcement Act into LawObama Signs the Trade Facilitation and Trade Enforcement Act into Law
- February 26, 2016
On Wednesday, February 24, 2016, President Obama signed into law the Trade Facilitation and Trade Enforcement Act of 2015 (H.R. 644). The comprehensive authorization is the first overhaul of the United States Customs and Border Protection Agency (CBP) since 2003. The bipartisan legislation seeks to strengthen trade enforcement at ports, to fortify detection of duty […]
Continue Reading »Coast Guard Could Delay SOLAS VGM MandateCoast Guard Could Delay SOLAS VGM Mandate
- February 12, 2016
While U.S. exporters have voiced serious concerns over the feasibility of complying with the SOLAS Verified Gross Mass (VGM) mandate by the implementation deadline, it has now been revealed that the Coast Guard could choose to delay implementation of the mandate for up to a year provided the delay is announced prior to the July […]
Continue Reading »Customs Reauthorization Bill Heads to ObamaCustoms Reauthorization Bill Heads to Obama
- February 11, 2016
On Thursday, February 11th, the U.S. Senate passed the Trade Facilitation and Trade Enforcement Act of 2015 (H.R. 644), the first overhaul of the United States’ Customs and Border Protection Agency in over 15 years. The legislation will give teeth to programs protecting U.S. businesses from unfair trade practices and rampant ‘trade cheats.’ The bill […]
Continue Reading »CBP Announces Updated ACE Transition TimelineCBP Announces Updated ACE Transition Timeline
- February 9, 2016
U.S. Customs and Border Protection has been actively tracking and assessing stakeholder readiness for the mandatory filing of all electronic entries and corresponding entry summaries in the Automated Commercial Environment (ACE). While significant progress has been made, continued concerns about stakeholder readiness have necessitated an updated timeline for the mandatory transition to ACE for electronic […]
Continue Reading »Technical Problems with FDA Processing Through ACETechnical Problems with FDA Processing Through ACE
- February 4, 2016
With the ACE February 28th deadline looming, many filers are reporting various technical problems involving FDA processing that are resulting in extreme issues across the board. To outline some examples: Messages are not returning to the filer’s software at all. The FDA Review is received, but there is no follow up message Rejected FDA entries […]
Continue Reading »New York and New Jersey Ports to Reopen TodayNew York and New Jersey Ports to Reopen Today
- February 1, 2016
A settlement was reached by the International Longshoreman’s Association and the New York Stevedores Association at 7 pm on January 29th. As a result of the quick settlement, the New York and New Jersey Ports will resume normal operations on Monday, February 1st, 2016.
Continue Reading »Labor Protest at New York & New Jersey TerminalsLabor Protest at New York & New Jersey Terminals
- January 29, 2016
As of 10:53 this morning, longshoremen walked off the job at New York and New Jersey Ports due to an ongoing labor dispute. As a result, port officials are not allowing any new trucks to enter the New York and New Jersey ports. The Port Authority is doing everything in its power to resume port […]
Continue Reading »Port of Santos Choked with Chemical ExplosionPort of Santos Choked with Chemical Explosion
- January 15, 2016
A chemical explosion at the Santos Port in Brazil has led to the evacuation of workers and the closure of several terminals. The explosion occurred Thursday evening as more than a dozen flammable containers combusted, causing toxic smoke to be strewn across the city. Though the fire has been entirely extinguished, a large, potentially toxic […]
Continue Reading »Mediterranean Shipping Announces New Demurrage, Detention, and Per DiemMediterranean Shipping Announces New Demurrage, Detention, and Per Diem
- December 7, 2015
Mediterranean Shipping Company (MSC) announced a new tariff for calculating container demurrage, detention, and per diem effective December 5, 2015 for all U.S. ports. Demurrage is defined as the free time that the carrier and terminal provide for a container once it discharges the vessel or arrives at the inland rail dept. Detention is also […]
Continue Reading »How Exporters Can ACE AESDirect!How Exporters Can ACE AESDirect!
- November 20, 2015
How will ACE affect AES Direct Portal for exporter? Within the coming few months, the AESDirect Portal will go live in the Automated Commercial Environment (ACE). All exporters must have an ACE account to access the new AESDirect system, to be known as Refactored AESDirect. Accounts will not transition from the existing system. The existing […]
Continue Reading »Are You Ready for ACE Compliance?Are You Ready for ACE Compliance?
- November 10, 2015
Check out our ACE FAQ guide to help answer your import and export questions! What is ACE? The Automated Commercial Environment (ACE) is the primary system or “single window” for the international trade community to submit import and export data to communicate with U.S. Customs and Border Protection (CBP) and other participating government agencies. CBP and […]
Continue Reading »Panama Canal Transit Sees 10 Day DelaysPanama Canal Transit Sees 10 Day Delays
- November 5, 2015
Vessels transiting through the Panama Canal have are now experiencing up to 10 day delays as the industry struggles to understand the cause and find a solution to the deteriorating conditions. According to the Journal of Commerce, adverse weather conditions and repairs to the existing locks are contributing factors. What is certain is that carriers […]
Continue Reading »Severe Weather Impacts Rail Traffic in South CarolinaSevere Weather Impacts Rail Traffic in South Carolina
- October 8, 2015
Norfolk Southern Railway (NS) is experiencing major disruptions at its Charleston, SC gateways. Many tracks have washed out, and many bridges have been deemed unsafe for passage due to the record rainfall and heavy flooding in the area. Norfolk Southern personnel are actively surveying the area and reporting that not all gates are operational. At […]
Continue Reading »Trans-Pacific Partnership Members Reach Trade DealTrans-Pacific Partnership Members Reach Trade Deal
- October 6, 2015
Ministers of the 12 Trans-Pacific Partnership (TPP) countries concluded trading negotiations on October 4th, completing one of the most ambitious multilateral trade deals of the last two decades and paving the way for lower tariffs and increased trade standardization throughout the Pacific Asia region. While the complete details of the 30 chapter agreement have not […]
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