Industry Insights
Starting this August, Qatar will be officially accepting ATA Carnets! This means that U.S. exporters to Qatar can begin sending their temporary import shipments to Qatar on ATA Carnet, the “passport for cargo” and the gold standard for temporary entries. By joining the ATA Carnet system, Qatar strengthens their status as a global investment destination and becomes even more attractive to international events and exhibitions. …
On April 23, 2018, CBP announced a modification to its entry summary rejection policy via CSMS 18-000301 as it pertains to entries subject to ADD/CVD, to special tariffs imposed under Sections 201 and 301 of the Trade Act of 1974, and to special tariffs imposed under Section 232 of the Trade Expansion Act of 1962. (For more details on these special tariffs, see the April 2nd blog posting. …
World Cup Fever is almost upon us! Starting June 14 and running until July 15, the FIFA World Cup will be held in Russia. The good news for the trade industry is that the Russian National Guarantee Association has declared that sports equipment and broadcasting equipment, intended specifically for the FIFA World Cup, may be temporarily imported under ATA Carnet as Professional Equipment. …
By: Matthew L. Zehner – Vice President, Surety Information & Analysis
If you were wondering about all the new tariffs in the news recently, or why portions of what we do for a living are being discussed on TV news and on the front page of newspapers, continue reading for a high-level explanation of what is going on.
In addition to the HTSUS tariff rates on imported goods and the applicable taxes and fees imposed by statute, there are a variety of laws available to combat unfair trading practices. …
The FDA’s Food Safety Modernization Act (FSMA) rule on Sanitary Transportation of Human and Animal Food is now fully final, with all impacted parties having to comply by April 6. The FSMA is meant to advance the FDA’s efforts to protect foods from farm to table by keeping them safe from contamination during transportation. The rule establishes requirements for shippers, loaders, carriers by motor or rail vehicle, and receivers and brokers involved in transporting human and animal food to use sanitary practices to ensure the safety of that food. …
Recent estimates from Armstrong & Associates, Inc. (A&A), an internationally recognized key information resource for third-party logistics (3PL) market research and consulting, indicate that the total U.S. warehousing market for 2017 was $148.7 billion. Commercial warehousing accounted for $68.6 billion. The Third-Party Logistics Value-Added Warehousing and Distribution (VAWD) market segment was $39.1 billion in 2016, and is estimated at $40.5 billion for 2017, according to A&A. …
Great news for the US export community: India has made a policy shift around the use of ATA Carnets!
On January 18th, India began accepting ATA Carnets for the temporary import of professional equipment. Since 1990, India has only accepted ATA Carnets for goods being temporarily imported for approved trade shows, as well as fairs and exhibitions. India has expanded the scope of the ATA Carnet acceptance to include temporary importation of professional equipment, making it easier for businesses to access the Indian market. …
By Jim Nerger, Vice President, Roanoke Trade
While most collision damage waiver (CDW) or loss damage waiver (LDW) fees are considered by many to be outrageous, consumers are best advised to purchase the CDW/LDW when renting a vehicle. These waivers may protect you against thousands of dollars in charges not covered under your personal auto policy. Since your auto insurance will likely cover things the rental agreement waiver won’t, having both is advisable. …
The clarion message from hackers today is that no company – large or small – is immune from cyber attacks, with their methods increasingly more sophisticated and targeted against those firms that transact a wealth of data online. This includes the transportation sector, which ranked fifth as the most cyber-attacked industry in 2016, according to IBM’s Cyber Security Intelligence Index. …
Roanoke is pleased to announce the recent appointment of Amanda Barlow, Vice President of ATA Carnet for Roanoke Insurance Group Inc., to the District Export Council of Southern California (DECSC), one of more than 60 DECs that exist throughout the country to support the U.S. Government’s export promotion efforts. Amanda joins fellow Roanoke colleague, Theresa Garcia, as a DEC member. …
