There have been a rash of recent updates and actions taken by Customs and Border Protection (CBP) that the National Customs Brokers and Forwarders Association of America (NCBFAA) notes will have a direct impact on the everyday operations of the US Customs brokers. The NCBFAA Customs Committee urges that Customs brokers should go through their […]
At this time, the logistics industry is teetering on the brink of a complete transformation. Cutting-edge startups are emerging that are developing platform driven solutions that utilize IoT and blockchain technologies. Blockchain technology lets you create a ledge of impressive assets and transactions which are time-stamped and secure. Stakeholders can even communicate in real-time. In […]
In a Federal Register notice released August 24th, Customs and Border Protection (CBP) announced the names of hundreds of individuals that lost their customs broker licenses. This was due to them failing to file for their Triennial Status reports, which is required by law with the agency. Section 641 of the Tariff Act of 1930, […]
There is a misnomer that freight shipping is efficient. In fact, it is NOT efficient. Studies have shown that 96% of LTL shippers experienced one to four-day delays on shipments. 50% plus truckloads are also moving at less than max capacity. The landscape of shipping is changing. Flock Freight®, an innovative technology company has stepped […]
If you are a customs broker, and have not been receiving Customs and Border Protection (CBP) forms 28, 29, 4647 to your Automated Commercial Environment (ACE) Secure Data Portal Accounts, there is a good reason. CBP has stated that customs brokers have been reporting they’re not receiving these forms that are “Request for Information”, “Notice […]
Shipping stocks have never been viewed as ‘hot’ in the world of stocks but since the COVID-19 pandemic, the entire landscape has changed. Investors now see that shipping is crucial to the global economy. When the pandemic brought the supply chains grinding to a halt, deep sea cargo ships stranded outside of ports, and a […]
It’s been two years since the Covid-19 pandemic swept the world. The economy is now going through labor pains as it enters the next phase. The United States is sitting pretty with full employment but American consumers remain afraid and stressed over the current economy and their own personal finances. The supply chain and logistics […]
In 2015, former President Obama signed the Fixing America’s Surface Transportation Act (FAST Act) into law. The FAST Act was the first in over ten years to provide long-term funding for infrastructure projects, authorizing $305 billion over the course of 2016-2020. Looking to improve the infrastructure of “highway, highway and motor vehicle safety, public transportation, […]
The National Customs Brokers and Forwarders Association of America’s (NCBFAA) Transportation Committee’s Logistics Subcommittee is constantly collecting and updating information on supply disruptions that impact you and your business, but we could use your help to make it better. From reporting what you see at the docks, rails, and in the trucking industries, we can […]
Inflation is continuing to surge despite government efforts to curtail it. In fact, the Port of Los Angeles Executive Director Gene Seroka states the following, “While we’re all cost-minded and we feel it at the pump and at the grocery store, we’re going to continue to buy,” he predicted at a press conference Tuesday, pointing […]
