[Skip to Content]

Effective October 1, 2018, Merchandise Processing Fees to Increase for Fiscal Year 2019

Cash settlement. American currency with gavel. Law, legal, financial, savings.

In August, U.S. Customs and Border Protection (CBP) announced that the Consolidated Omnibus Budget Reconciliation Act (COBRA) will increase user fees effective October 1, 2018 by 4.886 percent to adjust for inflation for Fiscal Year 2019.

One fee affected by this increase is the “Minimum” and “Maximum” Processing Fees. Specifically, the “Minimum” and “Maximum” Merchandise Processing Fees (MPF) have increased. See below table of the current fees and the adjusted fees:

Minimum Merchandise Processing Fee

Current rate – $25.67

New MPF Minimum – $26.22

Maximum Merchandise Processing Fee

Current rate – $497.99

New MPF Maximum – $508.70

This fee relates back to Fixing America’s Surface Transportation Act (FAST). FAST was signed into law on December 4, 2015. Section 13031 of this act amended COBRA and requires certain COBRA fees and corresponding limitations to be adjusted by the Secretary of the Treasury to reflect increases in inflation.

For the full official agency notice, click here.

 By Yvonne Scott-Younis

Download PDF

FacebooktwitterlinkedinFacebooktwitterlinkedin

Twitter LinkedIn

Contact Us.

1-800-996-6429
info@mohawkglobalta.com

Our Team

Our staff of licensed advisors have the knowledge and experience to help you solve your toughest supply chain management, international logistics, and domestic transportation challenges.

Our Team

Our Services

Whether you're in international freight, customer service, supply management, distribution management, finance, legal, or other functions, we provide strategies and solutions to make your job easier and your team more effective.

Our Services

Twitter LinkedIn
Contact Us.
1.800.996.6429
info@mohawkglobalta.com
Twitter LinkedIn
Mohawk Global Trade Advisors, a division of Mohawk Global Logistics © 2016 | Privacy Policy | Entries (RSS) TwitterLinkedIn
Mohawk Global Trade Advisors, a division of Mohawk Global Logistics © 2016