Why is Trade Compliance operating like its 1999?

Why is Trade Compliance operating like its 1999?

Reflections on AAEI 2018 – Why is Trade Compliance operating like its 1999? As always AAEI puts together an agenda that is meaningful for the trade compliance community.  The sessions are highly informative and relevant to the current trade environment and provide really good insights into what CBP, Commerce, and the PGAs are working on….

Global State of Supply Chain Security: Evolving Threats

Global State of Supply Chain Security: Evolving Threats

  This is Part One of a three-part interview | Kristina Tanasichuk World Customs Organization Director of Compliance and Facilitation Ana Hinojosa brought 28 years of customs experience to the global body when elected to her post in 2015. The former U.S. Customs and Border Protection deputy assistant commissioner-international affairs also served as director of field…

World Cup Better Than Expected for Logistics

World Cup Better Than Expected for Logistics

Automotive Logistics | Vladislav Vorotnikov The FIFA World Cup 2018 has caused a temporary shortage of transport capacities in certain regions of Russia, with a local rise in tariffs and some delays at customs, according to Irina Novikova, the inland transport department director of Gefco. However, fears of Russia ceasing to import automotive components including…

Contracts with Foreign Companies May Require a Rewrite

Contracts with Foreign Companies May Require a Rewrite

Hwan Kim | Neil A.F. Popović | Sheppard Mullin Law Firm A recent California case may force companies doing business with foreign entities to reconsider—and maybe rewrite—their contracts. In Rockefeller Tech. Invs. (Asia) VII v. Changzhou Sinotype Tech. Co., No. B272170, 2018 WL 2455092 (Cal. App. June 1, 2018), the California Court of Appeal held that…

5 Requirements for Importing Goods into Mexico

5 Requirements for Importing Goods into Mexico

In order to be successful, companies that manufacture within the borders of Latin America’s second-largest economy must be knowledgeable regarding the requirements for importing goods into Mexico. Although much has been done in recent years to simplify the process, those that are importing goods into Mexico must know the applicable rule in order to avoid…

New China Customs Advance Manifest Rules Effective June 1, 2018

New China Customs Advance Manifest Rules Effective June 1, 2018

Effective June 1, 2018, additional manifest-related data must be provided to the Chinese General Administration of Customs China (GACC) for inbound and outbound shipments to China for all modes of transportation. Chinese Customs will require more detailed information including: Shipper’s business registration code and phone number Consignee’s business registration code and phone number, and contact…

What Is LCL Shipping?

What Is LCL Shipping?

By Rieva Lesonsky Importing products from China is a great way for a small business to diversify their product offerings, stay on top of trends and reduce costs. However, in order to maintain your profit margins, it’s important to understand and manage your shipping costs. Today’s shipping lesson: What is LCL shipping, and how can…

U.S. Bureau Of Industry And Security Updates Unverified List

U.S. Bureau Of Industry And Security Updates Unverified List

Tahlia Townsend, Matthew E. Cvercko and Sean C. Koehler are attorneys in the International Trade Compliance practice at Wiggin and Dana LLP.  On May 17, 2018, the U.S. Bureau of Industry and Security (BIS) updated the Export Administration Regulations (EAR) Unverified List (UVL), adding thirty-three entities and adding a new address for one individual currently on the list. The…

Import Compliance Basics: 5 Things You Need to Know

Import Compliance Basics: 5 Things You Need to Know

If you’ve been tasked with getting your company’s import compliance under control,  these five steps will get you quickly up-to-speed Taking on a new position at an importer usually means sifting through the remnants of your predecessor’s activities and policies and trying to come up with a way to work better, smarter, and faster. These goals aren’t always…

Customs Regs: A Necessary Evil, or The Key to Competitive Advantage?

Customs Regs: A Necessary Evil, or The Key to Competitive Advantage?

How those burdensome Customs rules and regulations imposed on importers and exporters can make companies more competitive and efficient. Companies engaged in international trade are quick to complain about their regulatory burden. Indeed, one could cite countless cases of shipments delayed by agents of U.S. Customs and Border Protection for the importer’s failure to adhere…

Cuba-U.S. Relations: The Rapprochement Slows Down

Cuba-U.S. Relations: The Rapprochement Slows Down

Written by Alejandro E. Moreno | Sheppard, Mullin, Richter & Hampton LLP Soon after Fidel Castro overthrew the government of Cuba to found a communist state in 1959, Cuba began nationalizing U.S-owned properties in Cuba. In response, the U.S. implemented trade restrictions, closed its embassy in Havana, broke official diplomatic relations with Cuba, and attempted…