Please be advised that U.S. Customs and Border Protection (CBP) announced an increase in the Merchandise Processing Fee (MPF), which will commence on October 1, 2024.
The MPF is a user fee that the CBP charges in addition to U.S. Customs Duty. MPF for formal entries is an ad valorem fee of 0.3464%. The fee is based on the value of the merchandise being imported, not including duty, freight, and insurance charges.
Current minimum MPF: $31.67
New minimum MPF: $32.71
Current maximum MPF: $614.35
New maximum MPF: $634.62
MPF for informal entries is a set fee assessed on goods transported to the U.S. via air, ship, or international mail.
Current informal entry fee: $2.53
New informal entry fee: $2.62
Formal and informal entries are subject to a manufacturing processing fee. The Code of Federal Regulations 19 CFR 21.23(b)(1) requires the importer of record to pay the fee to CBP at the time of presenting the entry summary. Formal entries are required for imports of commercial goods valued at $2,500 or more.
Informal entries generally do not require a CBP bond and are usually for personal use imports or commercial imports valued at less than $2,500 (only if the Port Director requests based on importation).
Logistics Plus would like to inform you of an upcoming change to our Pier Pass Fee due to a change in charges regulated by the marine container terminals at the Port of Long Beach and Los Angeles.
The West Coast MTO Agreement (WCMTOA) announced on August 1st, 2024, that on September 1, 2024, the Traffic Mitigation Fee (TMF) at the Ports of Los Angeles and Long Beach will increase by 6%. The adjustment matches the combined 6% increase in longshore wage and assessment rates recently ratified in the coastwide contract between the International Longshore and Warehouse Union and the Pacific Maritime Association.
Beginning September 1, 2024, the TMF will be $37.71 per TEU (twenty-foot equivalent unit) or $75.42 per forty-foot container. The TMF is charged on non-exempt containers. Containers exempt from the TMF include empty containers; import cargo or export cargo that transits the Alameda Corridor in a container and is subject to a fee imposed by the Alameda Corridor Transportation Authority; and transshipment cargo. Empty chassis and bobtail trucks are also exempt.
We would like to take this opportunity to say thank you for doing business with us. Please contact your local sales or customer service representative if you have any questions.
Francisco Tijerina, Director of Logistics Plus Mexico, was featured in the July 2024 Voice of the Independent newsletter. On page 6 of the publication, Francisco discussed the challenges for Latin America’s small-to-medium-sized enterprises in the post-COVID era.
Francisco commented on how the current global trading situation has proved beneficial to Latin America. “For years, countries in the region have been working to get a more open market system, negotiating Free Trade Agreements among the close-by nations, as well as participating in negotiations with the strongest countries in every continent.” Francisco added, “These initiatives have put them in an ideal situation to mediate commercially between China and the United States.”
To read the full newsletter or Francisco’s feature on page 6, please click the image below.
(Click to read the newsletter)
About Voice of the Independent
Established in June 2011, Voice of the Independent not only has the most comprehensive worldwide circulation of any logistics industry periodical, but also has the lowest advertising rate of any publication (in terms of cost per thousand). It is now firmly established as a premier information and marketing source for all independent logistics providers and shippers.
Logistics Plus Founder and CEO Jim Berlin was featured on a recent ‘Growth Think Tank’ podcast episode #1111 hosted by Gene Hammett. The episode is titled Hiring for Entrepreneurial Spirit to Drive Predictable Growth. Watch the full interview below, or visit the following website to listen to the audio podcast:
In this episode, Jim and Gene explore the concept of “Hiring for Entrepreneurial Spirit.” Jim shares his insights on how hiring individuals with an entrepreneurial spirit can drive predictable growth and innovation within an organization. Discover the strategies he uses at Logistics Plus to identify and attract these unique talents. Learn how fostering an entrepreneurial mindset among employees can increase adaptability and success. Tune in to gain valuable tips on Hiring for Entrepreneurial Spirit and how it can transform your business, emphasizing the critical role of Hiring for Entrepreneurial Spirit in achieving long-term success.
The group got to chat with the staff of the leader of the Congressional Foreign Affairs Committee, Michael McCaul. I think both sides have found these interesting and engaging. The students get to hear “from the horse’s mouth,” and the US leaders get to see these kids and how much this struggle means to them, their families, and their country. And ALL agree how much the success of this war means for the entire world.
Our friend, Dan Rice, the President of the American University of Kyiv, and Major General Borys Kremenetskyi at the Ukraine Embassy. General Kremenetskyi works intimately with the US Dept of Defense and gave us a good history of the war as well as an update on the latest developments.
Sponsors of the AUK internship program got to meet with the Principal Deputy, Assistant Secretary of the Army for Acquisitions, Logistics and Technology, Young Bang.
Young was a classmate of Dan’s at West Point. They started there together 40 years ago—getting older, guys 🙂
Much of the support that gets sent to Ukraine from the US goes through his office. He, like everyone we met, was warm and welcoming.
Another former classmate of Dan’s, Lt. General Ron Clark, has just been nominated by Secretary of Defense Lloyd Austin as Commanding General of the US Army/Pacific.
