On October 28, 2016, the World Customs Organization released the 2017 edition of the Harmonized System Nomenclature (HS), the world’s global standard for classifying goods in international trade; the 2017 edition will enter into use on January 1, 2017.
Archives for October 2016
(B)logistics: Is PierPass Passed its Prime?
PierPass was established in 2005 to help curb port and highway congestion in and around the ports of Los Angeles and Long Beach. However, is it still effective or has…
(B)logistics: FMC’s Supply Chain Innovation Team Will Benefit Shippers
A leader on the Federal Maritime Commission’s Supply Chain Innovation Team, Mark Hirzel, discusses how the group is hoping to transform port efficiency. Chassis providers, terminal and drayage operators, freight…
October GRI Implemented
Major steamship lines have implemented an October 15, 2016, General rate Increase (GRI) for transpacific cargo from the Far East and India to the US and Canada. While early indications pointed towards a significant rate increase, Deringer has observed rat
(B)logistics: Playing Hardball…Containers in Limbo, Ports Work to Increase Chassis Availability
The situation with Hanjin continues to be complicated – with limited chassis availability and shippers’ claims of additional charges incurred. The next Hanjin hearing, for Judge Sherwood, is on October…
Wall Street Journal Quotes Mark Hirzel
Since company's bankruptcy, thousands of empty shipping containers have been piling up. Now, a plan is forming
CBP Regulatory Audit, General Information
Many of our customers have reported receiving Informed Compliance Letters†from US Customs and Border Protection’s Regulatory Audit department. While the letters vary, the theme is the same, CBP is advising that the recipient review the company'
CBSA Updates ACI Compliance Penalties
Introduced more than 12 years ago, the Canadian Border Services Agency’s (CBSA) Advance Commercial Information (ACI) program ushered in a more efficient risk management process to help identify threats prior to the arrival of cargo and conveyances in Ca
Strike Postponed at Chittagong Port
Following an inter-ministerial meeting, workers at the Port of Chittagong called off an October 4, 2016, strike; while no resolution was met, Prime Mover-Trailer Owners and Workers’ Unity Council agreed to postpone the strike until October 13, 2016, all
(B)logistics: Recent History of ILWU-PMA Contracts
For decades the International Longshore and Warehouse Union and Pacific Maritime Association have worked together to extend West Coast port contracts. The current waterfront contract, which is set to expire…