US Customs and Border Protection has announced the adjustment of certain user fees beginning January 1, 2018. In accordance with the Fixing America’s Surface Transportation Act (FAST Act), the minimum…
Trade Alerts
Post Summary Corrections Deadline Extended by CBP
In a general notice dated November 1, 2017, US Customs and Border Protection (CBP) announced they will extend the deadline for filing post summary corrections (PSC). The new deadline requires…
USTR to Focus Compliance Efforts on GSP
On October 24, 2017, the Office of the US Trade Representative (USTR) announced a new initiative in which countries benefiting from the Generalized System of Preferences (GSP) will be subject…
Demystifying the HTS
What do the numbers represent in a harmonized tariff schedule classification? Mark Hirzel explains the Harmonized Tariff Schedule and breaks down the parts of a classification. Using a simple example,…
3 Hurdles Non-Resident Importers Can Overcome
Non-resident importers of record (NRI) are those US importers without a US location. There are a few small hurdles when acting as an NRI — all of which can be…
DDP v. DAP Incoterms, Know Your True Shipping Costs
Knowing your Incoterms can help you more reliably project true shipping costs and establish your product pricing. Matt Parrott, Deringer’s Director of Transportation, provides insight regarding the differences between DDP…
Re-Imported Foreign Goods Could Be Duty-Free
Did you know that if an imported good is exported and then re-imported, importers may not have to pay duty again? Using the HTS classification 9801.00.10, re-imported foreign goods are…
Uncertainty Prevails with Possible U.S. Withdrawal from NAFTA
The National Customs Brokers & Forwarders Association of America, Inc. (NCBFAA) issued a Question & Answer document today regarding the uncertainty surrounding the possible U.S. withdrawal from the North American Free Trade Agreement…
Walk-Off at Port of LA’s Eagle Marine Terminal
Earlier today, an unsanctioned walk-off occurred at the Port of Los Angeles’ Eagle Marine Terminal (EMS). International Longshore and Warehouse Union (ILWU) superintendents took the job action and resolution is…
Port of Prince Rupert Shipment Delays
Customers utilizing the Port of Prince Rupert should expect delays. The port is experiencing major congestion due to an ongoing expansion project. A backlog of inbound containers and higher dwell…
