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NEWS

Go beyond logistics, make the revolution business.

Chinese Tariff Update

With the U.S. China Trade War escalating, increased tariffs on imports and exports are affecting much more than just petroleum and steel. After determining that China was not fulfilling their end of the initial Section 301 agreement and using unfair trade practices, President Trump has increased tariffs for List III Chinese products from 10% to […]

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Utilizing Blockchain Technology in Drawback for Sustainable Supply Chain Management

Well before the implementation of the Trade Facilitation and Trade Enforcement Act of 2015, also known as TFTEA, Charter Brokerage has earned the reputation for establishing efficient duty drawback programsto maximize refunds. Utilizing the latest digital tools in combination with time-tested experience and expertise, Charter has been on the forefront of technological advances in the […]

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CBP has initiated a review

Customs and Border Protection (“CBP”) has recently initiated a review, via CF 28 Requests for Information (“Requests”) to Charter clients, in connection with entries for crude oil imported via pipeline and aimed specifically at evaluating the MPF calculation appropriate for these entries.  This CBP initiative is indicative of a new position regarding certain (primarily continuous […]

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Compliance with CBP

Recently, Customs and Border Protection (“CBP”) has started sending Informed Compliance letters to large importers.  These letters are being issued by the Office of Regulatory Audit (“Reg Audit”).  The letters provide information on selected CBP informed compliance publications to assist the importers in evaluating their compliance with CBP’s laws and regulations.  Through these letters, CBP […]

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The Reconciliation Prototype

As part of Customs and Border Protection’s (“CBP”) transition from the Automated Commercial System (ACS) to the Automated Commercial Environment (ACE), there will be significant changes to post summary transactions. The Reconciliation Prototype will transition from ACS to ACE on October 1.  Changes to the program include: Simplified application – Only a reconciliation rider to the […]

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