MOL REPORTS NEAR 100% COMPLIANCE WITH 24-HOUR RULE FROM SHIPPERS
MOL (America) Inc., the U.S. arm of Japanese container carrier MOL, reported that “nearly 100 percent” of its customers shipping cargo onboard U.S.-bound vessels are in full compliance with U.S. Customs’ new advance manifest rule.
The rule, which was enforced for all containerized shipments to the U.S. on Feb. 2, requires detailed manifest information to be filed with U.S. Customs at least 24 hours before goods are loaded on vessels bound for the U.S.
“The new 24-hour rule provides our industry with an important security shield, which, with due diligence, allows us to deliver shipments to our customers on time,” said James Galligan, vice president trade and marketing and security officer at MOL (America).
MOL said that complying with the new rule is essential to avoid facing monetary penalties and missed vessels.