Noatum Logistics Completes Acquisition of the Multinational MIQ Logistics. Read more.

News / Regulatory Updates

Globe Logistics

America’s Trade Priorities Advance on Several Fronts

Trade Agreements Put on Fast Track

The Bipartisan Congressional Trade Priorities and Accountability Act (TPA) [1] introduced by Senate Finance Committee Chairman Orrin Hatch (R-Utah), Ranking Member Ron Wyden (D-Ore.) and House Ways and Means Chairman Paul Ryan (R-Wis.) easily passed its first hurdle when both House and Senate committees agreed to give President Obama fast-track authority to negotiate trade deals such as the Trans Pacific Partnership (TPP) and Transatlantic Trade and Investment Partnership (T-TIP).  The bipartisan legislation also allows Congress to vote on the treaties.  But the package of bills intended to speed completion of the deal also imposes difficult burdens on its negotiators.[2]   The legislation faces difficult fights over amendments on human trafficking, currency and investor-state dispute settlement (ISDS).

Read More


Globe Logistics

Trans-Pacific Partnership (TPP) Overview

The Trans-Pacific Partnership (TPP) is more than a Free Trade Agreement aimed at reducing tariffs among the participants. The TPP is an ambitious, 21 st century “comprehensive and high-standard” Free Trade Agreement that aims to liberalize trade in nearly all goods and services, including beyond those currently established in the World Trade Organization (WTO) and remove Technical Barriers to Trade (TBT’s).

Read More


An Important message from the U.S. Food and Drug Administration

Please see the message below from the U.S. Food and Drug Administration on Food Facility Registration and Reportable Food Registry. The 2014 Biennial Food Facility Registration renewal period begins October 1st and ends December 31st. Visit FDA.gov for more information.

Read More


Blue Legal Icon

Update on Personal Liability for Incorrect Customs Declarations

Any individual directly involved in the import process may have personal liability for incorrect Customs declarations, according to the Court of Appeals for the Federal Circuit.

Read More


Plane

China Broadens VAT Exemption for International Freight Forwarding Services

China’s State Administration of Taxation (SAT) issued guidance  (Bulletin 42) that extends VAT-exempt treatment to all international freight forwarding services. The new rules went into effect on September 1, 2014.

Read More


C-TPAT Logo

US CBP Announces C-TPAT Export Component

U.S. Customs and Border Protection (CBP) recently published the eligibility requirements and the security criteria for exporters to participate in the Customs-Trade Partnership Against Terrorism (C-TPAT).

Read More


Blue Industry News Icon

Canadian Customs (CBSA) Announces Trade Compliance Verification Priorities

The CBSA manages trade compliance with the Tariff Classification, Valuation, and Origin programs using the following two post-release verification processes: (1.) Random verifications and, (2.) Verification priorities.

Read More


Blue Industry News Icon

New Harmonized System standards to enter into force on 1 January 2017

The new version of the HS includes 234 sets of amendments. Environmental and social issues are a major feature of these amendments, due to the importance of the HS as a global tool for collecting trade statistics and monitoring trade.

Read More


Containers

Trusted Trader Program

US Customs and Border Protection (CBP) announced a plan to unify the Customs-Trade Partnership Against Terrorism (“C-TPAT”) and Importer Self-Assessment (“ISA”) programs under a new test program called the “Trusted Trader Program.” 

Read More