An Importer of Record (IOR) ensures that imported goods comply with all customs and legal requirements of the country of import. This is usually the owner of the goods but may also be a designated individual or customs broker. Importer of Record (IOR) services are provided by companies like Logistics Plus, specializing in international trade…. Read more »
Alert Message: The Office of the United States Trade Representative confirmed that representatives of domestic industries benefiting from the tariff actions in the Section 301 investigation of China’s Acts, Policies, and Practices Related to Technology Transfer, Intellectual Property, and Innovation have requested a continuation of the tariffs. The next steps in the four-year review process… Read more »
Here is a quick recap of some interesting and noteworthy Global Trade updates identified by the Logistics Plus Customs & Compliance Team. FMC wants ocean carriers to pay for container storage. Read More. Felixstowe strike. Read More Port of New York and New Jersey sets container fee, mandatory export levels. Read More Mexico Is Seen… Read more »
Alert Message: As announced by the United States International Trade Commission, Effective January 27th, 2022, the Harmonized Tariff Schedule of the U.S. (HTSUS) underwent many revisions to HTS codes. Some HTS codes are no longer valid and have been replaced with newly revised codes. There were also revisions to many sections and chapter notes throughout… Read more »
FOR IMMEDIATE RELEASE Logistics Plus Receives CTPAT Partnership Renewal for 2021 This is the 13th straight year that Logistics Plus has been CTPAT approved by CBP. ERIE, PA (January 6, 2021) – Logistics Plus Inc. (LP), a leading worldwide provider of transportation, logistics, and supply chain solutions, is pleased to share that the U.S. Customs… Read more »
By definition, an importer of record (IOR) refers to an importer (an entity or an individual) who is responsible for ensuring that legal goods are imported following the laws and regulations of the importing country. The importer of record is responsible for filing legally required documents and paying the assessed import duties and other taxes… Read more »
Logistics Plus Expands Importer of Record Services to over 190 Countries Services cater to manufacturers, network security firms, cloud service providers, and value-added resellers across many industries. ERIE, PA (November 19, 2020) – Logistics Plus Inc., a leading worldwide provider of transportation, logistics, and supply chain solutions, has announced an expansion of its Importer of… Read more »
The United States-Mexico-Canada Agreement (USMCA) replaced the North American Free Trade Agreement (NAFTA) on July 1, 2020. Parties wishing to import “originating goods” duty-free into the United States, Mexico, and Canada utilizing the preferential benefits of the USMCA free trade agreement must have a valid certificate of origin on file at the time of claim,… Read more »
Adam Mook, Compliance Department Manager for Logistics Plus, recently completed an Introduction to Incoterms® 2020 Webinar. Approximately every 10 years, the International Chamber of Commerce (ICC) releases an updated version of Incoterms®. This year, the new Incoterms® 2020 rules went into effect on January 1, 2020. You can watch the entire webinar on the Logistics… Read more »
Global Trade Alert Message: On July 10th, 2018 the Trump Administration announced a list of tariffs on $200 billion worth of Chinese goods. Before these tariffs may go into effect, they must first undergo a two-month review process. (CNBC) To view the latest list of proposed tariff increases, click here.
