Leading Logistics Provider Automates Ocean Contract Management to Grow its International Business
Management Dynamics, a leading provider of global trade management solutions, today announced that Odyssey Logistics & Technology Corporation (OL&T), a global logistics and transportation service provider for the chemical and process industries, has expanded use of Management Dynamics’ Transportation Management solution to provide its customers with flexible and competitive routing and rate options for international shipments. This scalable web-based solution has enabled the OL&T logistics team to grow its international business and develop stronger customer relationships. Click here to read the full article.
Changes have been made to Import License requirements for selected products of rough marble blocks, furskins, and mobile handsets. The following HTS chapters are affected: 25, 43, and 85.
Import Prohibition on poultry products originating from Kentucky has been removed. The following HTS chapters are affected: 01, 02, and 16.
As per the United Nations Sanctions Act of 1946, changes have been made to export embargos, while previous updates to import embargos have been rolled over.
Import controls applying to meat and catheters have been added and repealed. The affected controls are inspection, prohibition, and license. The following HTS chapters are affected: 02 and 90.
Posted by Caroline
Categories: Regulatory Updates
| Tagged: export embargo
, HTS chapter 01
, HTS chapter 02
, HTS chapter 16
, HTS chapter 25
, HTS chapter 43
, HTS chapter 85
, HTS chapter 90
, Import Controls
, import embargo
, import license
, import prohibition
, UN Sanctions Act of 1946
Changes have been made to the European Union Tariff Rate Quota, specifically pertaining to high quality beef and sugar. The following HTS chapters are affected: 02 and 17.
All Swiss export embargoes and sanctions imposed against Uzbekistan have been removed.
HTS numbers have been added and deleted, while default duty rates have been changed in accordance with the 2009 Tariff Schedule. Various chapters across the tariff are affected, as well as the following products: polyesters, sodium, calcium, and valves.
HTS numbers have been added and deleted for edible parts of bovine animals. The following HTS chapters are affected: 02, 05.
Changes have been made to HTS descriptions, Duty, VAT, and Preferential duty rates, affecting various chapters across the tariff.
Improves Compliance with International Trade Regulations and Advisories
Management Dynamics, a leading provider of Global Trade Management solutions, today announced the release of Trade Wizards 10.0, a Web-based portal to trade content from 122 countries that facilitates the research of complex trade questions. The new release makes it easier for companies to classify products, calculate landed costs and perform document determination at the Harmonized Schedule (HS) level. In addition, a new user experience allows users to manage their searches and ultimately find information faster. Read the full article.
New import certificate requirements have been established for certain products. The following HTS chapters are affected: 28, 48, 51, 52, 54, 55, 60, 61, 62, 65, 84, and 87.
The Tariff Rate Quota has been updated. The following chapters are affected: 15, 29, 53, and 72.
The Tariff Rate Quota available for the second half of 2009 has been updated. This quota applies to the Dominican Republic, United States, Canada, Panama, Chile, and WTO member countries. Several products are affected, as well as the following HTS chapters: 02, 04, 07, 10, 11, 12, 15, 16, 17, 20, 21, 22, and 23.
The Export Administration Regulations (EAR) have been amended to reflect changes to the Missile Technology Control Regime (MTCR) Annex. These changes were accepted by MTCR member countries at the November 2008 Plenary in Canberra, Australia. This rule also clarifies certain EAR controls to properly reflect the intent of changes to items that were accepted by MTCR members at past Plenary meetings. The following ECN categories are affected: 1, 2, 6, and 7.
There has been a change in Customs Duty for petrol and diesel. The following HTS chapter is affected: 27.
The harmonized tariff schedule has been updated. Changes to import duty rates and preferential duty rates for various preferential agreements have been made across the tariff. The following HTS chapters are affected: 07, 10, 11, 15, 17, 18, and 23.
HTS numbers have been added and removed. Changes have also been made to HTS descriptions, General duty rates, Excise Tax, VAT, and Preferential duty rates for products classified under certain chapters across the tariff.
Posted by Caroline
Categories: Landed Cost Updates
| Tagged: customs duty
, excise tax
, general duty rates
, HTS chapter 10
, HTS chapter 11
, HTS chapter 15
, HTS chapter 17
, HTS chapter 18
, HTS chapter 23
, HTS chapter 27
, HTS chapter 7
, import duty rates
, preferential duty rates
, Sri Lanka
US and EU Issue Joint Trade and Climate Change Declaration, Annexes
The White House has posted the US-European Union Joint Declaration and Annexes from their recent summit. Both the US and the EU have agreed to promote an international climate change agreement in Copenhagen. Leading by example, they will fight protectionism by respecting the G-20 commitments to refrain from raising or imposing new barriers to trade and investments. Lastly, the US and EU will make determined efforts to seek the conclusion of a Doha Development Agenda agreement in 2010.
To improve transit times, the Mediterranean Shipping Company (MSC) has announced that it will make some changes to its Golden Gate Service (GGS USAEC/Far East). The route previously included the Cape of Good Hope, but will now travel via the Suez Canal. In addition, Jeddah will be added as a port of call. There, MSC’s dedicated feeder vessels will provide connections to all major ports in the Red Sea, Jebel Ali, and all other Gulf and Middle East ports.
The UK has updated its export controls, revoking OGEL Computers. The flags for OGEL LVS, OGEL Turkey, and OGEL Hong Kong have also been updated. The following categories are affected: 1, 3, 4, 5, 6, and 9.