July 2013       

Goal welcomes two new partners

LoadLine in Morocco & iForwarding in Belgium

CUSTOMS/SECURITY

Customs and Border Protection avoids sequester furloughs

Congress has approved a plan to avoid furloughs for U.S. Customs and Border Protection employees in fiscal 2013, according to a statement Wednesday by Homeland Security Secretary Janet Napolitano.


Reminder: Full Enforcement of Importer Security Filing
Began July 9


The Entry Process:  Liquidation

Importers are often confused when the term liquidation is used in reference to a Customs entry, since many of us are accustomed to its usage in regard to the dissolution of businesses and the corresponding sale and distribution of assets.  However, when you are informed that an entry has liquidated, this essentially means that the entry review by U.S. Customs & Border Protection (CBP) has concluded with the final computation of duties.  The entry process consists of a number of steps leading up to the liquidation of the entry:

IMPORT/EXPORT

Economists: US Container Trade Balance Is Possible

SAN FRANCISCO — U.S. containerized exports could exceed imports during certain months as soon as 2016 and on an annual basis by 2020, Walter Kemmsies, chief economist at Moffatt & Nichol, told the annual meeting of the Agriculture Transportation Coalition.


Export FAQ

What countries do I need to worry about in terms of U.S. sanctions?

SHIPPING/TRANSPORTATION

Rate Pressure Spreading Beyond Asia-Europe, Hanjin Chief Says

Ocean carriers deploying new mega-ships are undermining freight rates on the Asia-Europe trade, and the cascading of vessels is putting pressure on other lanes, according to Hanjin Shipping’s top container shipping executive.


Coming (Back) to America?

The most interesting thing about Motorola’s new flagship smartphone arguably won’t be that it will sense when its user is driving a car or strolling down the block. What’s far more intriguing from a supply chain standpoint is that the Moto X, set to hit U.S. shelves in October, will be the first smartphone made in the U.S.

 

 

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