Reporting requirements for the Food Safety Modernization Act (FSMA) Foreign Supplier Verification Program (FSVP) became mandatory on May 30, 2017. Although the initial struggle to comply with the new program has greatly diminished, there is still room for improvement. The Food and Drug Administration (FDA) completed only a few FSVP audits in the U.S. Federal Fiscal Year (FY) 2017, so importers should expect that FY 2018 will bring with it the promise for a larger number of reviews.
CTPAT Conference 2017: Building on the Past - Innovating for the Future
Customs Trade Partnership Against Terrorism (CTPAT) is a voluntary public-private partnership program that was implemented as a cargo safety and enforcement strategy following the September 11th terror attacks. More than 11,400 certified companies in the trade community currently participate in the program, and that number continues to grow.
U.S. Customs and Border Protection (CBP) held the 2017 CTPAT conference in the Detroit Metropolitan Area at the end of August. The current Director of CTPAT, Elizabeth Schmelzinger, was among the speakers during the general session. In addition to rolling out the updated name and logo, CTPAT – Your Supply Chain’s Strongest Link, Ms. Schmelzinger was excited to offer insight into program changes and ways that the security profile is being modernized as we look to the future.
EAPA Sets the Stage for Antidumping and Countervailing Evasion
The Enforce and Protect Act (EAPA) is a section of the Trade Facilitation and Trade Enforcement Act (TFTEA) of 2015 that sets established rules, regulations, and procedures regarding antidumping (AD) and countervailing (CV) allegations. Any 'interested party' can submit an electronic allegation (e-allegation) and report the evasion violations via EAPA. However specific documentation requirements must be met, including:
- Meeting the definition of an interested party;
- A statutory description of covered merchandise and AD/CVD order;
- Demonstrate that AD/CVD evasion has occurred.
Topics: Customs Consulting, International Trade Compliance & Enforcement
Three Methods to Achieve Cost Savings for LCL vs. FCL Shipping
Businesses with large ocean container volumes are always looking to remove costs from their supply chain. Many organizations will issue request for quotations or seek competitive freight bids in an effort to save money. The results of such efforts are usually competitive pricing that is locked in for a period of time, thus lowering the cost of ocean freight. Awesome, right?
3 Factors to Consider When Choosing Air Freight vs. Ocean Freight
In today’s emerging marketplace, businesses strive to increase their profitability and simultaneously remain competitive in an unpredictable economy. While every organization is different with unique products and business strategies, transportation often represents one of the largest costs importers will face. Cutting the cost of transportation is often the first place executives look to improve the bottom line.
When choosing the most cost effective method of transportation for your supply chain needs, there are several factors that come into play…so, how do you decide whether your international shipments should be transported via air or ocean freight?