Section 301, List 3 Published

Here we go again, List 3 has been finalized and it covers 5,745 HTS codes that affect many different industries. Effective September 24th items on List 3 will have a 10% additional duty. Starting January 1, 2019, the additional duty will increase to 25%.  The major issue has been that this list hit closer to home for… Read more »

ILA Master Contract Extended

The ILA Locals have unanimously approved a new six-year master contract. This means peace at the East & Gulf Coast ports thru September 30th, 2024. The agreement is really an extension of the current contract which negates the need for a new contract. The deal is similar to the labor deal agreed to on the West… Read more »

MPF Increase

On October 1, 2018 Customs & Border Protection will increase the minimum and maximum formal entry fee to $26.22 and $508.70 respectively.  The informal fee for electronically submitted entries will increase to $2.10 and if submitted manually it will increase to $6.29.  The assessed rate will stay 0.3464 percent, there is only a change to… Read more »

Section 301 – List 2 Published

Section 301, List 2 was finalized yesterday and make up $16 billion worth of imports from China.  There are 279 tariff numbers which will be subject to an additional 25% duty beginning August 23, 2018.  For those of you who ask, this means that all imports that arrive on or after August 23rd – regardless… Read more »

ILA Contract – East Coast

Earlier this week the International Longshoreman’s Union (ILA) and the Port of New York and New Jersey employers group reached a possible six-year agreement for the port.  This deal covers the US East Coast and Gulf Coast ports.  With the agreement in place it will not go to the rank and file members for a… Read more »

Section 301 Lists

Here are links to the 3 lists of the Section 301 tariffs released by the United States Trade Representative (USTR).  As of July 6th, List 1 has been implemented and subject to an additional 25% duty. This list contains 818 HTS codes.  List 2, covers 284 HTS codes and will also be subject to additional… Read more »

PierPass Changes Ahead

The very successful PierPass program will be making changes that are expected to take place in the fourth quarter of this year. It is informally known as PierPass 2.0, and the change will replace the current congestion pricing model with an appointment-based system.  They will use a single TEU (twenty foot equivalent)-based flat fee on… Read more »

Section 301 Tariffs published

The FIRST Section 301 Tariff List has been published.  The USTR has broken the original list of approximately 1300 HTS codes into 2 separate lists.  The first list is 818 HTS codes that represent 34 billion dollars worth of trade with China.  The additional duty rate is 25% and the effective date is for goods arriving… Read more »

Section 301 China Tariffs

The comment period and testimony related to President Trumps Section 301 China Tariffs investigation have finished. The basic outcome is that there will not be any additional tariffs at this time. The President stated that China has agreed to purchase more US goods and services as well as more American farm products which will help… Read more »

NOR’EASTER QUINN SHUTS NJ PORTS

We just received word that due to rapidly increasing winds as well as expected snowfall the New Jersey ports are closing immediately. They have also issued notice that they will be closed tomorrow. Between the Pennsylvania interstates being closed to commercial traffic as of 8am this morning and the NJ ports being closed from now… Read more »