Trade Publications

USMCA Does Not Allow for MPF Refunds

Posted on July 14, 2020. Category: Trade Publications

The new USMCA went into effect on July 1, 2020. The new agreement contains one departure from NAFTA that may directly impact importers’ savings. A significant difference between NAFTA and the new USMCA agreement is that, unlike NAFTA, USMCA will not allow for refunds of the Merchandise Processing Fee. While MPF can be excluded at the time of import, under USMCA, MPF cannot be refunded post entry.MPF is the Merchandise Processing Fee. Formal entries require payment of MPF at a rate of .3464% of the entered value (with a minimum of $26.79 and a maximum of $519.76).  In the past, importers could...

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NAFTA 2.0 - Provisions and Effects of the United States-Mexico-Canada Agreement

Posted on July 09, 2020. Category: Logistics Publications, Trade Publications

On July 1st, the new United States-Mexico-Canada Agreement (USMCA) went into effect. Also known as the Canada-United States-Mexico Agreement (CUSMA) and the Tratado entre México, Estados Unidos y Canadá (T-MEC) in Canada and Mexico respectively, this free trade agreement was designed to replace the 26-year-old NAFTA. Rather than completely restructuring the previous NAFTA, the USMCA is primarily a renegotiation of the original agreement intended to benefit each participating country. In addition to renegotiated terms, the USMCA also includes new stipulations on labor rights, environmental standards, intellectual property, and digital trade.Some of the significant provisions outlined in...

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Coronavirus: Impact on the Transportation and Logistics Industry

Posted on July 08, 2020. Category: Logistics Publications, Trade Publications, Coronavirus Updates

Bigstock-transport-engineer-man-wearing-367903708 (1) The transportation and logistics industry performs one of the most vital services of the modern globalized and interconnected world. Since the beginning of 2020, many countries worldwide shut down their borders and limited transportation and travel to contain the Coronavirus outbreak. This pandemic affects almost every dimension of economic activity and individuals globally; consequently, essential supply chains in the logistics and transportation industry are hampered, though differently across air, freight, and sea sectors. As of February 13, 2020, over 350,000 cancellations were registered in global container shipping traffic since the coronavirus outbreak's beginning became apparent in January 2020. Over 151,000 boxes were...

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USMCA Goes Live

Posted on June 29, 2020. Category: Logistics Publications, Trade Publications

The highly anticipated USMCA goes live on July 1, 2020. The North American Free Trade Agreement (NAFTA), which went into effect in 1994, is expiring at the end of June. Over the 25 plus years since implementation, trade among the three-member nations blossomed, import prices for key industries such as oil and food have remained relatively low, and economic growth has remained strong.USMCA should increase benefits for some vital US industries, namely the auto and dairy industries, while also addressing new present-day issues like digital trade and increased protections for intellectual property.  Shipments that have previously imported under the terms of NAFTA...

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New U.S. Export Control Requirements for China, Russia, and Venezuela

Posted on June 29, 2020. Category: Logistics Publications, Trade Publications

On Monday, June 29, 2020, new rules went into effect involving the export control of items to China, Russia, and Venezuela. These changes involve when Electronic Export Information (EEI) submission is required, and the elimination of the Civil End Users (CIV) license exception.AES filing requirements have been strengthened for exports, reexports, and transfers (in-country) for military end-use or military end-users in China, Russia, or Venezuela.Traditionally exports that are No License Required (NLR) and are under $2,500 USD, have not required EEI to be submitted via AES. This changes with these new rules put in place today. Now, all exports from the...

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How to Motivate Employees

Posted on June 29, 2020. Category: Logistics Publications, Tax Publications, Trade Publications

A motivated workforce makes a crucial difference when it comes to meeting any business objectives. Here are some tips on how to keep employees motivated.Ability to challenge and engageOne of the valuable skills that a company can hone is the ability to challenge and engage the people it employs. If you have to keep everyone motivated, you need to encourage the employees to participate. When the employees are respected for their skills and talents, it has a motivating effect on them.Let Them Know You Trust ThemIf you let them know you trust and depend on them,...

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Allyn Does their Part During COVID-19

Posted on June 18, 2020. Category: Logistics Publications, Tax Publications, Trade Publications, Coronavirus Updates

Allen and Julie Lynn, two former GE employees, founded Allyn International Services Inc with a vision to create a new kind of company focused on customer service, integrity, employee training, and development. Since 1992, Allyn has been committed to furthering the personal and professional development of its team members.When the pandemic swept across the globe, Allyn shifted their focus to what else they could do to help others. The logistics, trade compliance, and tax management powerhouse, with years of experience in the global marketplace, had been developing inhouse virtual eLearning training for quite some time. With a proven track record...

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The Impact of Policy and Economy on China

Posted on June 15, 2020. Category: Logistics Publications, Tax Publications, Trade Publications, Coronavirus Updates

The PolicyThe COVID-19 is spreading in all parts of the world. As we know, China did implement more severe restrictions when the pandemic first broke out.Currently, medical studies in China and abroad show that the virus can be well contained with effective quarantine, which is exactly what China has been doing for the past weeks. Individuals can also effectively protect themselves from infection by practicing good hygiene with disinfectant measures.The most common policy response has been a lockdown. In most cases, this is done to reduce the pool of people susceptible to infection, lowering the transmission rate,...

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U.S.-Brazil Trade Agreement Talks

Posted on June 01, 2020. Category: Trade Publications

In recent years, the United States and Brazil have been intentionally deepening their partnership towards building a bilateral economic relationship.In June of 2019, Brazil waived entry visa requirements for U.S. citizens. The main goal was to increase the number of tourists from North America to boost the Brazilian economy. Currently, Americans are the nationality with the second-highest volume of travelers to Brazil for tourism.  In March of 2020, this partnership moved from the political realm to the trade sphere. Presidents Donald Trump and Jair Bolsonaro met to discuss a trade agreement. According to the White House, “The two...

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PHMSA Continues Relief for Transportation of Hazardous Goods

Posted on May 18, 2020. Category: Logistics Publications, Trade Publications

Throughout the month of April, the Pipeline and Hazardous Materials Safety Administration (PHMSA) has worked to provide relief and streamline the movement of critical sanitation supplies by highway. While these policies do not provide full exemption to the 49CFR Hazardous materials regulations, they do in many instances, provide relief from packaging, training, labeling, and documentation.April 2: Temporary policy for the Transportation of certain Alcohol- Based Hand Sanitizer ProductsFor a period of three months from the date of issuance, Alcohol-based products, such as hand sanitizers, which are typically classified as a class 3, Flammable liquid having a flashpoint below 60 c...

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