UniCredit Bank and its Italian and Austrian operations processed over $500 million through the U.S. financial system for the Islamic Republic of Iran Shipping Lines.
Air cargo volume in Europe continues to decline. Read market expert Cathy Morrow Roberson’s take on the reasons why this is occurring and if there are options available to improve the volume.
Another outbreak of salmonella poisoning has occurred – this one caused by tainted fruit. Read how blockchain could help deter and detect these outbreaks before they harm many.
The grounding of all Boeing 737 MAX aircraft has caused many problems; it has also created an opportunity for freight forwarders. Read a market expert’s take on the situation.
The nomination of Nazak Nikakhtar to undersecretary of Commerce for industry and security helps fill the most senior role at the Bureau of Industry and Security.
House Ways and Means Committee Democrats say passage of labor law reform legislation by the Mexican congress is needed before they support the agreement.
Director-General Roberto Azevedo talked about the impacts of restrictive measures like tariffs on overall global trade and prospects for reforming the multilateral body.
U.S. export transactions with persons listed on the Unverified List may require a Commerce Department export license.
The president of Gennex Media conspired with others to fix prices on online sales of promotional items between 2014 and 2016.
U.S. Customs and Border Protection increasingly is using data to perform “predictive analytics” to more precisely target violations that may occur in the import entry process.
The Justice Department said the Illinois company imported 36 shipments of Chinese-origin saccharin that were transshipped through Taiwan to evade paying antidumping duties.
Between 2007 and 2011, Standard Chartered Bank facilitated $240 million worth of financial transactions that violated U.S. sanctions programs.
Labor, environment and affordable health care among the priorities laid out by Rep. Richard Neal in a letter to to U.S. Trade Representative Robert Lighthizer.
Drewry’s white paper predicts, if the tariffs are imposed, a rush of U.S. imports of finished vehicles and auto parts in 2019 before declines in 2020 and 2021.
The successful talks will re-establish Peru’s forestry and wildlife supervision agency as an independent entity.
The White House on Monday declared that an agreement to offer Cuban baseball players “a safe and legal path” to Major League Baseball teams is illegal.
Precision scheduled railroading (PSR) is the latest tactic railroads are using to improve their operations – and their images. Market voice Jim Blaze explores whether PSR is real or just marketing hype…
There is no word yet on whether the Trump administration might appeal the ruling.
The Iowa senator linked removal of steel and aluminum tariffs on Canada and Mexico to a favorable congressional process of the U.S.-Mexico-Canada Agreement.
The USTR has listed for retaliation about 315 items, including agricultural products, apparel, ceramics, metals and kitchen goods.
Monthly retail imports are expected to grow to nearly 2 million TEUs in August, which would be the most since October, according to the monthly Global Port Tracker.
Trips to Africa, Mexico and Austria are on the calendar this year.
The Office of Foreign Assets Control added sanctions against two shipping companies and their vessel for transporting crude oil from Venezuela to Cuba.
President Trump named Customs and Border Protection Commissioner Kevin McAleenan as acting DHS secretary following the resignation of Kirstjen Nielsen.
Mexican officials met with several House Democrats as their congress looks to OK labor reform legislation in line with provisions of the U.S.-Mexico-Canada Agreement.
President Trump walks back threat to close the southern border with Mexico, but CBP’s reallocation of officers to immigration duties continues to stymie cargo flows.
By sharing space and adding detection technologies at nine international mail facilities, the two agencies aim to stop more opioids and counterfeit drugs from entering the U.S.
Customs and Border Protection said, if authentic, the 450 baseball-style caps seized by its officers would have retailed for about $207,000.
The Commerce Department has now processed more than 45,000 of a total of roughly 80,000 exclusion requests, a BIS official told a Senate panel on Tuesday.
Even in a tough auto market, a bilateral trade agreement could provide opportunities for U.S. automakers to expand their market share in Japan, execs said at a trade panel.
“All southern ports are working the same,” the Laredo Licensed U.S. Customs Brokers Association said in regard to lane reductions for commercial traffic at ports of entry.
The confirmation of Jeffrey Kessler coincided with a Senate rule change to expedite consideration of nominations.
U.S. and European freight railroads are very different in many respects. Market analyst Jim Blaze gives insights about how the two systems differ.
Even if the border remains open to freight, shutting out the ~500k workers, students, shoppers, and tourists who legally cross each day would still have a major economic impact.
Air cargo volume is down year-to-date. Learn what air cargo companies are doing – and not doing – to generate greater volume and revenue.
White House official Peter Navarro said online marketplaces, payment processors and customs brokers believe they have “no liability and that simply has to stop.”
The large volume of shared exports and imports between the U.S. and Mexico reflects the “highly integrated” manufacturing supply chain, a Chamber of Commerce official said.
A state pork producers association board member told a House subcommittee that Mexican and Chinese retaliatory tariffs have had a huge negative impact on U.S. pork exports.
A Chinese trade delegation led by Vice Premier Liu He is in Washington, D.C., and tariffs and enforcement are expected to be major topics of this week’s meetings.
“We will immediately redeploy hundreds of CBP personnel to the border to respond to this emergency,” Homeland Security Secretary Nielsen said.
A common thread has emerged among recent OFAC violations: U.S. trade compliance breaks down in overseas affiliates and subsidiaries.
Indictment states California businessmen committed wire fraud and failed to report to the Consumer Product Safety Commission the fire-prone dehumidifiers.
CBP’s deployment of 750 officers to assist with the the immigration crisis has customs brokers along the Southwest border worried about backlogs of trucked imports.
The regulatory summary that clarifies the quarterly reporting requirement is in addition to the separate NRC annual reporting reporting requirements.
Prime Minister May now has until April 12 to seek a longer extension to the negotiation process to avoid a “no deal” Brexit.
The Appellate Body upheld WTO panel findings that the U.S. provided unfair state tax breaks to Boeing and that rejected EU claims of U.S. subsidies unfairly impacting Airbus aircraft sales.
Section 301 tariffs on goods from China are hurting some U.S. businesses downstream in the industrial supply chain, after the U.S. started imposing the measures last summer to generate changes […]
The Office of Foreign Assets Control said Stanley Black & Decker failed to effectively stop a Chinese subsidiary’s illicit exports to Iran following acquisition.
The Senate Finance Committee said in “coming weeks” the panel’s chairman will introduce a bill allowing Congress to stop Section 232 duties after they are imposed.
Petitions from the American Kitchen Cabinet Alliance allege that wooden cabinets and vanities from China are unfairly subsidized and dumped on the U.S. market.
Representatives of organized labor told a House subcommittee on Tuesday that the U.S., Canada and Mexico should get back to the negotiation table.
The European Commission said the restrictions on traders of football merchandise across the continent violated antitrust regulations.
U.S. maritime’s economic contributions may be at risk if Chinese tariffs remain in place.
Sen. Wicker and Rep. Garamendi plan to reintroduce a bill to guarantee fixed percentages of all LNG and crude oil travel on U.S.-built, crewed and flagged vessels.
Efforts to end-run U.S. sanctions against the Assad regime continue through elaborate petroleum transport schemes by vessel with Iran.
John Garamendi (D-CA) asserted energy exports are tied to US shipbuilding and national security.
President Trump’s tweet on Friday calling for no new North Korean sanctions was enough to make any corporate compliance officer’s head spin.
Style Pantry LLC of California is claiming intellectual property law violations have been committed with the importation and sale of women’s clothing.
The exclusions will extend through March 25, 2020, and are retroactive to July 6, when 25 percent tariffs across $34 billion worth of goods from China began.
The agency also posted 2018 import statistics related to the Generalized System of Preferences on its website.
The Labor Department has determined that significant reductions in forced labor in Uzbekistan’s cotton sector have recently occurred.
Treasury continues to expose ways that shipping companies evade U.S. and U.N. sanctions to handle exports and imports for the North Korean government’s financial benefit.
Valery Kosmachov is charged with facilitating illegal U.S. exports to Russia; Australian company manager David Levik will spend two years in jail for illegal exports to Iran.
The Office of the U.S. Trade Representative on Wednesday released a notice announcing Section 301 tariff exclusions for 33 additional product types.
President Donald Trump on Dec. 21 ordered the regulatory changes, which will take effect April 1.
U.S. exporters should become aware of the potential far-reaching impacts of the latest OFAC sanctions against Russian shipyards.
Budget includes $1 trillion in DOT capital infrastructure improvements and hikes for trade enforcement operations and overall funding for the Office of the USTR.
The Treasury Department agency has added four Russian individuals and six companies for their alleged involvement supporting attacks against Ukraine’s navy.
U.S. tariff levels on China apparently will depend on how far China is willing to go in agreeing to Trump administration requests for trade enforcement and other priorities.
CBP will begin accessing liquidated damages against non-vessel-operating common carriers that fail to timely and completely file their Importer Security Filings.
Customs and Border Protection puts 28-year agency veteran Donald Kusser in charge of the nation’s second-largest airport.
The government watchdog agency found that U.S. Customs and Border Protection expanded its reimbursable services and donations acceptance programs over the last year.
The bills introduced by Rep. Xochitl Torres Small, D-N.M., and Rep. Clay Higgins, R-La., focus on bolstering CBP staffing.
Corporate compliance programs must protect against costly violations of the Foreign Corrupt Practices Act.
Task force agents conducted a weeklong enforcement blitz and found counterfeit Xanax pills, botox, transceiver network modules, e-cigarettes, Rolex watches and iPhones.
The Government Accountability Office said the Small Business Administration can take steps to improve oversight of its State Trade Expansion Program grants to states.
U.S. Trade Representative Robert Lighthizer testified before the Senate Finance Committee Tuesday during a hearing on World Trade Organization reform.
Half a million dollars in fines assessed to importers for more than 10,000 engine imports that failed to meet federal emissions standards.
Virginia-based flooring supplier haunted by 2015 missteps from investigation of defective, formaldehyde-tainted flooring imports from China.
The Bureau of Industry and Security is looking at export controls of technologies expected to facilitate development of the country’s future space policy.
The agency has extended the comment period for its “21st Century Customs Framework” initiative through April 11.
The FinEst Bay Area has secured a $17 billion financing for the world’s longest undersea tunnel between Finland and Estonia from a large Chinese private equity firm. This is yet another example of the Chinese interest in European infrastructure, a possible extension to their grand OBOR initiative.
People involved in negotiations gave a ringing endorsement of the pact’s labor and environmental provisions, a hot topic as Congress expects to consider the deal soon.
Over the last several years, Columbus Rickenbacker airport has emerged as a key and growing alternative U.S. gateway for international air cargo.
The NCBFAA responded with alarm to Customs and Border Protection’s March 16 mandate to use the new “create/update importer identity form.”
There are worries that the U.S. may be seen as an unreliable source of commodities such as soybeans.
The time to hire for the agency currently takes about 300 days, with less than 3 percent of applicants successfully completing the hiring process.
Members of the trade community presented several ideas on Thursday for reforming the World Trade Organization as the U.S. continues to work with the EU and Japan on ways to […]
The Senate Subcommittee on Economics and Security’s inaugural hearing Thursday focused on the impact of China’s economic practices on intellectual property and standards setting.
Association representing the kitchen cabinet industry says it’s one of the “largest trade cases” filed against China.
Ministers from three member states of the Comprehensive and Progressive Trans-Pacific Partnership expressed support for the possibility of the U.S. rejoining the agreement.
The nation’s top food and drug regulator stepped up controls on e-cigarettes and unsafe medicines as well as advanced the Food Safety Modernization Act.
A National Association of Manufacturers survey, which coincided with a speech by Vice President Mike Pence, found concerns remain about infrastructure.
Nazak Nikakhtaris, assistant secretary for industry and analysis, also will perform “nonexclusive duties” of the agency’s undersecretary for industry and security post.
The Section 232 investigation begun Monday is in response to a petition filed in September by domestic producer Titanium Metals Corporation.
Trump administration says India failed to meet certain conditions to stay in program, while Turkey no longer needs preferential trade access to the U.S. market.
Columbia Transport, based in Italy, joins the Blockchain in Transport Alliance.
Asparagus from Mexico and California moves around the world as air cargo from Los Angeles International Airport.
E-commerce platforms and rapidly changing IT are challenging the agency’s regulatory oversight and systems to keep pace.
The State and Commerce departments work to release final rules to shift some firearms and related items from the U.S. Munitions List to the Commerce Control List.
