Transpacific Carriers Announce August 1 GRI

Ocean carriers on the Transpacific trade are adding more cost to the pain they are already seeming to inflict on importers this summer. They have announced a General Rate Increase (GRI) for August 1 at: 20’- $480 40’ - $600 40’HC - $ 675 While this kind of announcement has been made with regularity in…

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Who’s on the Hook for Routed Export Violations?

U.S. exporters can be held criminally responsible for export control violations stemming from routed export transactions, according to U.S. government officials at a recent export enforcement panel in Washington D.C. When a foreign entity controls the transportation of U.S. exported goods, the U.S. government considers the shipment to be a routed export transaction. Exporters engaging…

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