Compliance with the Uyghur Forced Labor Prevention Act has "significantly impacted" U.S. fashion companies' "sourcing practices," and many importers are diversifying away from China and other countries in Asia to mitigate supply chain risks, the U.S. Fashion Industry Association said in its annual survey of industry executives released July 31. Nearly 80% percent of survey respondents said they plan to reduce apparel sourcing from China over the next two years, with a record high 15% planning to “strongly decrease” sourcing from the country.
Rebecca Dye of the Federal Maritime Commission proposed new sets of best practices for ocean carriers and marine terminal operators at the Ports of Los Angeles and Long Beach and the Port of New York and New Jersey, covering activities surrounding container returns, earliest return dates and container pickups.
CBP issued the following releases on commercial trade and related matters:
CBP issued the following releases on commercial trade and related matters:
CBP will increase Consolidated Omnibus Budget Reconciliation Act (COBRA) fees by 26.67% to adjust for inflation in FY 2024 (by comparing the current year to the base year, FY 2014), the agency said in a notice. Affected fees include the merchandise processing fee, vessel and truck arrival fees and the customs broker permit user fee. For example, the Commercial Vessel Arrival Fee for FY 2023 was set at $518.41 last year (see 2207290026). This year, it is being set at $553.55 for FY 2024. The Customs Broker Permit User Fee is going from the current $163.71 to $174.80 in FY 2024. The year-over-year increase is about 6.79%, according to the notice. The fees are effective Oct. 1, the start of FY 2024.
CBP issued the following releases on commercial trade and related matters:
CBP has released its July 26 Customs Bulletin (Vol. 57, No. 29). While it contains recent court decisions, no customs rulings are included.
UPS and the Teamsters union, which represents UPS employees, reached a tentative five-year collective bargaining agreement, the two sides announced July 25, ending the possibility of a strike at the beginning of next month. The agreement covers union employees in "small-package roles," UPS said, and will need to be approved and rarified by union members. The Teamsters said voting will take place from Aug. 3 to Aug. 22.
CBP issued the following releases on commercial trade and related matters:
CBP issued the following releases on commercial trade and related matters: