CBP posted a Dec. 12 version of its CF 1400 (Record of Vessel in Foreign Trade Entrances) electronic query report of the Vessel Management System (VMS), in accordance with 19 CFR 4.95, organized by entrances. CBP also posted a version of its CF 1401 (Record of Vessel in Foreign Trade Clearances) electronic query report of the VMS, in accordance with 19 CFR 4.95, organized by clearances.
CBP's cargo release pilot program now has 20 filer participants and about 194,000 Automated Commercial Environment (ACE) cargo release entries have been filed since the pilot began in May last year (see 12060516), said CBP in a Cargo Release Fact sheet (here). CBP also provided a separate broad overview on its work on ACE (here).
Starting tomorrow, your daily email headlines for International Trade Today by Broker Power will include a PDF attachment containing the day’s full content.
Send event information for inclusion in the International Trade Today Calendar toITTNews@warren-news.com.
CBP extended the comment period to Jan. 16 for an existing information collection on forms for manifest and transportation entry for cargo moving under bond. CBP proposes to extend the expiration date of this information collection with no change to the burden hours.
CBP is extending the comment period to Jan. 16 for an existing information collection on forms for manifest for the entry of merchandise free of duty. CBP proposes to extend the expiration date of this information collection with no change to the burden hours.
An ongoing effort by CBP toward centralization of single transaction bond (STB) processing would eventually mean CBP ports would no longer be responsible for the manual review and approval of STBs, said Bruce Ingalls, director of the Revenue Divisions in the CBP Office of Administration. Ingalls and others discussed the planned changes during a National Customs Brokers and Forwarders Association of America Webinar on Dec. 12. The update would allow the agency to better protect revenue through improved enforcement of STB requirements before cargo release, he said. The new system will allow STBs to be electronically transmitted to CBP as part of the entry process through the Automated Commercial Environment (ACE), the agency previously said in June while outlining the idea at the Port of Boston (see 13070120).
The chemical industry would be one of the biggest beneficiaries of completed free trade agreements currently being negotiated and work on the FTAs will be among the top goals for the Society of Chemical Manufacturers and Affiliates in 2014, said SOCMA Vice President of Government Relations Bill Allmond in a press release. "It's important for members of our organization to work collaboratively with the government to seek new global markets and remove any regulatory barriers that would hinder industry expansion," Allmond said. "Major growth areas in the specialty chemicals industry are in the emerging regions such as Asia due to an increase in manufacturing in those regions. So our [SOCMA and the government] collaboration has got to continue into next year."
The Senate Finance Committee plans to vote on Rhonda Schmidtlein's nomination as a member of the International Trade Commission on Dec. 13, said Chairman Max Baucus, D-Mont., in a press release. The Committee held a hearing on Schmidtlein's nomination in November (see 13112112).
CBP issued the following releases on commercial trade and related issues: