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Lost & Found: Unclaimed Property Insights & Opportunities

What is Unclaimed Property? Unclaimed Property is money or tangible assets that belong to you but are viewed as “abandoned” because there’s been no activity or contact with you for one year or more. Every U.S. state, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, several Canadian provinces,…

Allyn International Re-Opens New Office in Greenville, South Carolina

FORT MYERS, Fla. (September 20, 2023) – Allyn International will be hosting the grand re-opening of their new office in Greenville, South Carolina on October 26, 2023 at 4:30 PM at the new location (9 Hawthorne Park Ct.). This expansion exemplifies one of Allyn’s corporate values: focused growth, allowing room…

October 2023 Merchandise Processing Fee Update

US Customs and Border Protection (CBP) will be adjusting certain user fees on October 1, 2023. The minimum merchandise processing fee (MPF) will be increased to $31.67 from $29.66 and the maximum will be raised to $614.35 from $575.35. MPF is assessed by CPB for most imports into the US…

Forced Labor from the Xinjiang Province of China, U.S. Customs’ Response, and the Effects on Importers

Currently, forced labor in China is a heated topic of discussion, review, and high visibility, especially as it concerns imports into the United States of America. The most recent focus on forced labor in China centralizes around textiles produced in the Xinjiang province of China, an autonomous region in the…

Section 301 China Tariff Exclusions Extended

Earlier this month, on September 6, 2023, the United States Trade Representative (“USTR”) announced to the world that it will be extending 352 reinstated exclusions and 77 COVID-19 related exclusions to duties imposed on goods from China pursuant to Section 301 of the Trade Act of 1974. The USTR imposed…

What is CARM?

At a quick glance, this project signifies a transformative journey spanning multiple years. It’s a relentless dedication to enhancing and streamlining trade processes, all while championing the twin pillars of efficiency and unwavering adherence to regulations. It’s a reflection of the commitment to making a resounding positive impact on dynamic…

Panama Canal Operations Disrupted By Severe Drought

Warmer waters and drought are severely affecting the Panama Canal, a system that depends on an abundance of freshwater to move ships around the tip of South America. The Panama Canal is a major system that connects the Atlantic and Pacific oceans, contributing significantly to the movement of global cargo.…

Mark Your Calendars for Upcoming Tax Holidays

A sales tax holiday is a temporary period during which certain goods or services are exempt from sales taxes. It is a policy measure implemented by some governments to encourage consumer spending and boost the economy. During a sales tax holiday, specific items are eligible for tax exemption. These items…

Continuing Your Trade Compliance Education

As of June 22, 2023 Customs and Border Protection (CBP) published their final ruling on requiring continuing education for all individual licensed customs brokers. CBP will now require 36 continuing education credits to be completed during the three years of a triennial period. Brokers must show completion of 36 continuing…

Understanding the OSRA Act of 2022

Ocean Shipping Reform Act of 2022 (Public Law No: 117-146) was passed by US Congress and put into law by USA President Joe Biden in June of last year. This act may help many different parties and could help alleviate some of the stress and issues occurring with ocean freight…

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