The FMC is working hard to keep carriers accountable as investigations into retaliation and discrimination against shippers who reported fee and demurrage charges that were erroneously applied. Hot on the heels of the news that ocean market rates are dropping, causing contract rates to become much higher than the spot market, the FMC’s look into
In a constructive effort to enforce the Ocean Shipping Reform Act of 2022, the FMC has formed the Bureau of Enforcement, Investigations, and Compliance. Called “a body with teeth,” the Bureau will have the power to hold carriers accountable after years of limited oversight and out-of-control market conditions have left them raking in record profits
As we draw closer to the end of the year and the Biden Administration’s decision to diplomatically boycott the Beijing Olympics was announced this week, the question of what kind of retaliation China will take for this announcement is on everyone’s minds. This decision, along with the persistence of trade remedy duties from China while
One of the most interesting parts of working in logistics is being able to experience vertical-specific industry events like trade shows for our auto clients. When Coppersmith is able to go onsite and visit with professionals who live in different industries, get useful information as to what their specific logistics planning needs will be, and
As much as we hear about the delays on the US West Coast regarding ocean freight, the focus on retail goods does a disservice to the issues coming up for other cargo including granite shipments from India. Following the pandemic explosion of e-commerce, home improvement spending experienced a 3% increase as people stuck at home
Following the announcement by the President on August 1st of his intention to impose Section 301 duties on remaining exports from China, the trade has been waiting for clarification from USTR what would actually happen. On August 13th, the USTR published their intentions – two lists, a 4A and 4B, would be subject to 10%
Coppersmith Global Logistics are proud to announce that American Airlines Cargo has contracted with us to provide customs clearance services for pets arriving from international origins. If a passenger does not already have a nominated customs broker, American Airlines will collect the necessary information and remit it to Coppersmith Global Logistics to prepare for the
Customs and Border Protection has evolved in the way they accept payments from importers for duties. From requiring checks to be presented attached to entries within ten working days of the date of release, CBP migrated to allowing electronic payments on an entry by entry basis. Today, CBP not only takes those payments electronically, but
The determination by the United States Trade Representative of a Section 301 finding against China has so far yielded three distinct lists of products that the Administration has imposed an additional 25% in duties upon at importation. Regardless of whether these items were dutiable or duty-free, they are subject to an additional 25% duties payable
Following the determination that China has been acting unfairly in their trade dealings with the United States, the US Trade Representative took action and published a list of more than 1300 HTS numbers that would be subject to an additional 25% duty. After public hearings and a comment period, that list came into force on
