Miscellaneous International Trade Notices
The Wall Street Journal (WSJ) reports that the European Union (EU) is poised to impose trade sanctions on billions of dollars of U.S. goods starting in March 2004, as congressional leaders signaled their inability to reach agreement on repeal of the U.S. Foreign Sales Corp./Extraterritorial Income Exclusion Act (FSC/ETI) tax regime. The World Trade Organization (WTO) has ruled this tax deduction illegal and given the EU permission to impose as much as $4 billion in sanctions a year. According to an EU official, if the law isn't repealed, the EU is certain to retaliate starting March 1, 2004. (WSJ Pub, 01/26/04, www.wallstreetjournal.com)
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
1. Congress Signals Inability to Agree on Repeal of FSC/ETI Tax Regime
2. U.S.-Australia FTA Negotiations Deadlocked Over Sugar, Beef, Dairy
The Washington Trade Daily (WTD) has reported that Australia's prime minister has downgraded hopes of reaching a free trade agreement (FTA) with the U.S. According to WTD, recent negotiations have failed to break deadlock over U.S. protection of its sugar, beef, and dairy industries. (WTD Pub 01/30/04, www.washingtontradedaily.com)
3. American Association of Exporters and Importers Names New President
Shipper's NewsWire reports that the American Association of Exporters and Importers (AAEI) named former board member Hallock Northcut as its new president. According to the report, Mr. Northcut served on the AAEI board from 1984 to 1996. (Shipper's NewsWire, dated 02/02/04, www.americanshipper.com)
4. ICPA to Hold 1st Annual Conference in March 2004 in San Diego, CA
The International Compliance Professionals Association (ICPA) has announced that it will hold its first annual conference on March 10-14, 2004 in San Diego, CA. The conference will cover such topics as how to write a compliance manual, managing brokers, the North American Free Trade Agreement (NAFTA), Importer Self-Assessment, the Customs-Trade Partnership Against Terrorism (C-TPAT), and gaining corporate support for compliance issues. Further details available at http://www.icpainc.org.
5. DHS Publishes Federal Register Notice on February 6, 2004 COAC Meeting
The Department of Homeland Security (DHS) has published in the February 2, 2004 Federal Register its notice announcing the February 6, 2004 meeting of the Departmental Advisory Committee on Commercial Operations of the Bureau of Customs and Border Protection (COAC). (See ITT's Online Archives or 01/30/04 news, 04013005, for previous BP summary.) (DHS notice, FR Pub 02/02/04, available at http://a257.g.akamaitech.net/7/257/2422/14mar20010800/edocket.access.gpo.gov/2004/pdf/04-2120.pdf.)
6. FMC Lists Applicants for OTI Licenses
The Federal Maritime Commission (FMC) has issued a notice that the following companies have filed applications for licenses as non-vessel-operating common carrier (NVOCC), ocean freight forwarder (FF) or NVOCC/FF ocean transportation intermediaries (OTIs):
NVOCC OTIs
Ramses Logistics USA, Inc. (CA)
JT Worldwide Corporation (IL)
J Eastern Transport International, Inc., Eastern Transport International (CA)
Nara Express Incorporated (CA)
ACGroup Worldwide Logistics Inc. (CA)
Eagle Maritime, Inc. (NJ)
Standard Caribbean Shipping, Inc. (NY)
International Freight & Logistics, Inc. (KS)
FF-OTIsFalcon Logistics, Inc. (TX)
NVOCC/FF-OTIsAqual Maritime Services (TX)
Sea Central Shipping Corp. (FL)
KLS Air Express, Inc. dba FSP Maritime, dba Freight Solution Providers (CA)
NK America, Inc. (OH)
Argonaut-Kennedy LLC. dba AMK Lines (MI)
Berr International, Inc. (FL)
Elal Moving Corp. dba Global Express (NY)
(FMC notice (FR Pub 01/28/04) available at: http://a257.g.akamaitech.net/7/257/2422/14mar20010800/edocket.access.gpo.gov/2004/pdf/04-1809.pdf)
7. FMC Revokes OTI Licenses
The Federal Maritime Commission (FMC) has announced that it has revoked the following ocean transportation intermediary (OTI) licenses, effective on the corresponding dates below:
License | Company | Date Revoked |
2073F | Aero Sea Shipping Co., Inc. (NJ) | 12/12/03 |
16914NF | Air Sea Cargo Network, Inc. (CA) | 01/01/04 |
16254N | China United Transport, Inc. (CA) | 01/14/04 |
18140N | Commonwealth Custom Broker, Inc. dba C.C.B. Logistics dba C.C.B. Terminal (FL) | 01/13/04 |
15871N | Continental Shipping Line, Inc. (FL) | 12/31/03 |
17642F | Direct Shipping Corp. dba Direct Shipping Line (CA) | 11/05/03 |
17305N | Distribution Support Systems, Inc. (NY) | 01/14/04 |
13882N | East-West Consolidation Service, Inc. (NJ) | 01/17/04 |
3134F | Enterprise Forwarders, Inc. (FL) | 12/12/03 |
16597N | First Forward International Services, Inc. dba First Forward Container Line (CA) | 01/11/04 |
3366F | International Consulting and Services, Inc. (WI) | 12/06/03 |
17064N | International Transport Solutions, Inc. (NY) | 12/08/03 |
17310N | J.M.C. Transport Corporation (CA) | 12/04/03 |
17177F | Kito Electronics Limited Company dba Kito Cargo (FL) | 12/28/03 |
829F | Leyden Shipping Corporation (NY) | 12/23/03 |
4478F | Marina Ocean Air International, LLC (CA) | 10/15/03 |
18026N | Mirsonia, Inc. (CA) | 12/14/03 |
512F | Nordstrom Freighting Corporation (CT) | 12/04/03 |
16561N | Palumbo USA Inc. (NJ) | 12/31/03 |
3762NF | Savino Del Bene, Inc. (NY) | 12/10/03 |
17053F | Top Container Line Inc. (CA) | 11/08/03 |
16772N | Trans Pacific Inc. (Tokyo, Japan) | 10/21/03 |
15097N | United Globe Cargo, Inc. (FL) | 12/14/03 |
(FMC notice (FR Pub 01/28/04) available at: http://a257.g.akamaitech.net/7/257/2422/14mar20010800/edocket.access.gpo.gov/2004/pdf/04-1806.pdf)
8. FMC Reissues OTI Licenses
The Federal Maritime Commission (FMC) has announced that it has reissued the following ocean transportation intermediary (OTI) licenses:
License | Company | Date Reissued |
17305F | Distribution Support Systems, Inc. (NY) | 01/15/04 |
17053N | Top Container Line Inc. (CA) | 11/08/03 |
(FMC notice (FR Pub 01/28/04) available at: http://a257.g.akamaitech.net/7/257/2422/14mar20010800/edocket.access.gpo.gov/2004/pdf/04-1805.pdf)