All eyes are on the International Longshoremen’s Association due to the now very likely strike happening Midnight on October 1st. Per the Journal of Commerce, “this possible strike would tie up roughly 1.7% of global shipping capacity if it lasts an entire week, which could have a similar ripple effect on supply of equipment and… Read more »
Monthly Archives: September 2024
Potential US East Coast Port Strike
Please be alert to the potential for a labor action by the International Longshoreman Association (ILA) impacting US East Coast and Gulf Coast ports. The current master contract ends September 30th. Currently the ILA and the United States Maritime Alliance, Ltd. (USMX) do not appear to be close to an agreement. We are monitoring the… Read more »
CUSTOMS USER FEES INCREASE – MERCHANDISE PROCESSING FEE INCREASE
Please be informed that the Merchandise Processing Fee (MPF) will be increased effective with entries dated October 1, 2024 and forward. The ad valorem rate of 0.3464% will NOT change. The MPF minimum and maximum for formal entries (class code 499) will change as follows: Quotes for cargo arriving on or after October 1st, should… Read more »
