One effect of the COVID-19 pandemic is the renewed need for transportation providers to consider strengthening operating platforms by expanding into new markets, integrating new offerings or adjacent services, or growing the...more
11/10/2020
/ Acquisitions ,
Bureau of Industry and Security (BIS) ,
Compliance ,
Contract Terms ,
Coronavirus/COVID-19 ,
Country of Origin ,
Customs and Border Protection ,
Directorate of Defense Trade Controls (DDTC) ,
Federal Trade Commission (FTC) ,
Made in the USA ,
Mergers ,
Office of Foreign Assets Control (OFAC) ,
Self-Disclosure Requirements ,
Transportation Industry ,
Voluntary Disclosure
U.S. Customs and Border Protection (CBP) modernization has arrived with a proposed list of changes that restructure certain fundamentals of the business. CBP issued its Notice of Proposed Rulemaking on June 5, 2020....more
July 1, 2020, will mark the official start of the long-heralded United State Mexico-Canada Agreement (USMCA) as it replaces the 1994 North American Free Trade Agreement (NAFTA). The USMCA will modernize free trade between...more
Benesch advised on March 21 that U.S. Customs and Border Protection (“CBP”) was examining emergency measures to allow for the deferral of customs duty payments in response to the COVID-19 pandemic. On April 19 the White House...more
U.S. Customs and Border Protection (“CBP”) issued bulletin CSMS #42097586 on March 20, 2020, advising that payment of import duties may be deferred under certain circumstances due to the COVID-19 outbreak. Specifically,...more
Customs duty drawback has long been recognized as a lawful means by which importers may reduce the realized impact of tariff duties on imported items. United States Customs and Border Protection (“CBP”) published a highly...more
Regulatory changes are coming to in-bond transportation that will impact the operations of bonded carriers in the United States. The practice of in-bond transportation permits motor carriers to lawfully transport freight from...more
Companies impacted by the operational burden of customs procedures and compliance now have the opportunity to identify areas for regulatory reform. For a limited time, U.S. Customs and Border Protection (“CBP”) is actively...more