WHAT DO I NEED TO KNOW ABOUT THE UPCOMING SEC REGULATIONS ON GHG EMISSIONS AND HOW MIGHT IT AFFECT MY COMPANY’S OPERATIONS? Earlier this year, the U.S. Securities and Exchange Commission (SEC) proposed a new rule designed to enhance how companies disclose potential climate-related impacts on their business. This [...]
OFFICE OF THE UNITED STATES TRADE REPRESENTATIVE OPENS STATUTORY SECTION 301 FOUR-YEAR REVIEW The Office of the United States Trade Representative (USTR) recently announced the next steps for the statutory Section 301 investigation of China’s Acts, Policies, and Practices Related to Technology Transfer, Intellectual Property, and Innovation. The USTR [...]
FEDERAL MARITIME COMMISSION NOTICE OF PROPOSED RULEMAKING Green Worldwide previously reported on the Federal Maritime Commission's (FMC) intention to propose new detention and demurrage rules as part of the Ocean Shipping Reform Act (OSRA). The FMC recently announced a Notice of Proposed Rulemaking (NPRM) for these new rules as [...]
OCEAN SHIPPING REFORM ACT DUTY & DEMURRAGE BILLING PRACTICES The Federal Maritime Commission (FMC) oversees the implementation and enforcement of the newly enacted Ocean Shipping Reform Act (OSRA). Duty and Demurrage billing practices outlined in the act require Vessel-Operating Common Carriers (VOCCs) to provide transparency in invoicing and shoulder the burden of proof in [...]
RENEWAL OF FDA FOOD FACILITY REGISTRATION BEGINS OCT 1 The U.S. Food and Drug Administration (FDA) will begin accepting food facility registration renewals from October 1 through December 31, 2022. All food facilities must submit renewals before the registration window closes. Failure to renew food facility registrations will result [...]
On July 2nd, the Animal and Plant Health Inspection Service (APHIS) of the United States Department of Agriculture announced that Phase Six of the Lacey Act enforcement program would now officially commence on October 1, 2021. Stakeholder concerns about operational and economic difficulties caused by the COVID-19 pandemic inevitably prompted [...]
The Canada Border Services Agency (CBSA) Assessment and Revenue Management project, or CARM, is a business transformation effort which is being implemented over 2021 & 2022. Its aim is to ease trade compliance and improve the use of data analytics to optimize business processes between the Canada [...]
Effective June 28, 2021, all imports of certain aluminum products will need an entry-specific license to complete the Customs and Border Protection (CBP) entry summary in accordance with 19 CFR part 361. The new requirement applies to a specific set of HTS numbers for aluminum and aluminum products: 7601 7604 [...]
First, let us discuss the term, Bill of Lading (BL). This is a document that establishes the terms of a contract between a shipper and a transportation company. It can serve as a document of title, a contract of carriage, and a receipt for goods. Different types of BL [...]
Duty drawback is an international compliance program that allows for the refund of Customs duties paid on imported merchandise when the products have been subsequently exported or destroyed. This program was established in 1789 to promote exports by means of offering duty refund when imported merchandise [...]
