On Tuesday, November 17, 2020, U.S. Customs and Border Protection (CBP) released in Cargo System Messaging Service (CSMS) Message 44890398 updated information regarding the processing of Post Summary Corrections (PSCs). In the notice, CBP notes that they aim to prioritize
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Containerized imports into the USA reached an all-time high this summer on the back of retail sales rebounding post the pandemic shutdowns, merchant inventory replenishment, and early stock up for the holiday season. After largely staying at home this spring
Numerous changes to the Generalized System of Preferences (GSP) were made in an October 30 presidential proclamation following the beneficiary developing country assessments, product reviews and eligibility review.
Source: National Retail Federation Press Release – November 9, 2020 Imports likely saw their busiest “peak season” on record this summer and fall as retailers replenished inventories and stocked up for the holiday season, according to the monthly Global Port
Source: Institute for Supply Management – November 2, 2020
Economic activity in the manufacturing sector grew in October, with the overall economy notching a sixth consecutive month of growth, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®.
Effective October 1, 2020, U.S. Customs and Border Protection (CBP) adjusted certain customs user fees pursuant to the Consolidated Omnibus Budget Reconciliation Act (COBRA) for fiscal year 2021 in accordance with the Fixing American’s Surface Transportation Act (FAST Act) as
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