Trade Updates | Member Contribution

The following is provided by AIV member A.N. Deringer: ACE Reports Application: Upgrade to SAP Business Objects The ACE Reports application, currently operated by U.S. Customs and Border Protection (CBP), is scheduled for an upgrade to SAP Business Objects (BO) 4.3 on January 27, 2024. This upgrade will bring about modifications to the user interface […]

Trade Updates | Member Contribution

The following is provided by AIV member A.N Deringer Panama and Suez Canals Update: Hardships predicted in the upcoming New Year We have received more updates regarding the conditions in the Panama and Suez Canals. Additional carriers have announced a temporary halt of services in the Red Sea and Suez Canal. Furthermore, the ongoing challenges […]

Trade Updates | Member Contribution

The following is provided by AIV member A.N Deringer Conditions in the Panama and Suez Canals: May drive more US-bound cargo ships from Asia to West Coast ports The Panama Canal is currently under drought restriction, which has caused an implementation of surcharges which has increased pricing on Asia–US East Coast routings by several hundred […]

Trade Updates and Webinars | Member Contribution

The following updates and webinars are provided by AIV member A.N. Deringer: TMF at Ports of LA and Long Beach to Increase 4% Beginning November 1, the TMF will be $35.57 per TEU (twenty-foot equivalent unit) or $71.14 per forty-foot container. The TMF is charged on non-exempt containers. Containers exempt from the TMF include empty […]

Trade and Transportation Update | Member Contribution

The following is provided by AIV member A.N. Deringer Update on the ongoing ILWU strike New Tentative Labor Deal Reached in Canadian Port Negotiations On Sunday, July 30th, the International Longshore and Warehouse Union of Canada (ILWU) and the British Columbia Maritime Employers Association (BCMEA) announced a tentative labor agreement through the assistance of the […]

Registration Open for HTS/Schedule B Classification Training for Exporters

Businesses seeking to better understand how to use the Harmonized Tarriff System (HTS) for imports and the Schedule B listing for exports won’t want to miss the next export training webinar on Tuesday, February 7, 10:00 am to 12:00 pm. Trainer Mike Allocca of Allocca Enterprises (click here) will explain the General Rules of Interpretation […]

Agricultural and Forestry Trade Show Assistance | January 31 Deadlines

Trade Show Assistance Grants  Agricultural and forestry businesses may apply for up to $5,000 to help mitigate the financial risks associated with exhibiting at trade shows and network with wholesale buyers. Funds may reimburse up to 50% of costs related to exhibiting and selling products at out-of-state trade shows or virtual shows targeting out-of-state buyers that […]

Trade Updates from A.N. Deringer | Member Contribution

The following is provided by AIV member A.N. Deringer: Rail Congestion in Canada’s Supply Chain Rail hubs and local warehouses in Toronto and Montreal are suffering congestion problems due to a shortage of drayage capacity for receiving cargo from Prince Rupert and Vancouver. As a result, West Coast ports are feeling the pressure, with rail […]

Enforcement of the Uyghur Forced Labor Prevention Act (UFLPA)

The Uyghur Forced Labor Prevention Act (UFLPA), which bans any articles made wholly or in part in the Xinjiang Uyghur Autonomous Region (XUAR), went into effect June 21.  U.S. Customs and Border Protection (CBP) recently released its enforcement strategy for the UFLPA. Click here. Among other strategies, CBP will utilize the Department of Labor’s List […]

Export Grants Available to Increase International Sales and Marketing | State Trade Expansion Program

ACCD grant funding is available to help small businesses increase export sales by reaching international customers. Watch a video (click here) to learn how four Vermont companies have used the State Trade Expansion Program (STEP) to support their sales and marketing activities. Vermont exporters and potential exporters can benefit from leveraging activities such as participating in […]