Industry Insights
Hanjin Shipping Officially Sunk, Declared Bankrupt February 16, 2017 A South Korean court on Friday pulled the plug on Hanjin Shipping Co., declaring it bankrupt and ordering the liquidation of a company that has led the country’s shipping industry for the past four decades. The bankruptcy comes five months after the company, which was once […]
The Zika virus, primarily transmitted by a yellow fever mosquito, was first discovered in 1947 in the Zika forest in Uganda, but it didn’t make headline news until last year when a mysterious rash-causing illness began spreading across northeastern states in Brazil. Within months there was a sudden surge in microcephaly in infants in Brazil […]
The National Oceanic and Atmospheric Administration (NOAA) recently updated its 2016 Atlantic Hurricane Season Outlook, calling for a higher likelihood of a near-normal or above-normal season. In fact, the season, which runs from June through the end of November, is expected to be the most active since 2012. According to NOAA forecasters, we should expect […]
Earlier this year reports of international rings targeting California’s booming agriculture industry and increasingly stealing truckloads of high-value nuts made front-page news. In fact, in 2015 California nut shipment thefts totaled losses of $4.6 million with 31 cases reported. Indeed food and beverages have replaced electronics as the most-stolen goods in the U.S., with losses […]
July 23, 2016 July 23 is next in CBP’s series of deadlines for filing cargo release and entry summary information in ACE. On that date, CBP will require entry types 02, 07, 12, 21, 22, 31, 32, 34 and 38 filings to be made in ACE. While some PGA data sets are not ready for […]
The “interim final” rule that became effective on January, 26, 2009 has now – for practical purposes – become the final rule as to a great many ISF filings. However, for some time CBP and the trade have been discussing an urgent need for limited changes to Part 149 of the Customs Regulations, primarily to […]