What the heck is cargo insurance and who needs it? Last year, TRG helped us understand more about customs bonds. This year they’re back by popular request to talk with us about cargo insurance! Cargo insurance plays a vital role in protecting your goods during transit, yet many businesses overlook its importance or misunderstand its application. In this webinar, TRG will provide a high-level overview of cargo insurance, focusing on the different types of coverage, key considerations, and the process of selecting the right policy for your needs. We’ll also delve into the intricacies of claims and how to ensure that your shipments are adequately protected from potential risks.
Trade News
BIS: Bureau of Industry and Security Amended the EAR
Bureau of Industry and Security amended the EAR to create another way to renew Temporary Denial Orders (TDOs). The new option allows BIS to request that the Export Enforcement Assistant Secretary renew an existing TDO for a year, instead of…
DOJ: Department of Justice Lawsuit Against SpaceX
The Department of Justice filed a lawsuit 8/24 against SpaceX for discriminating against asylees and refugees in hiring practices. The lawsuit alleges that, from at least September 2018 to May 2022, SpaceX routinely discouraged asylees and refugees from applying and…
CSMS: ACE Technical Forum
CBP is holding an ACE Technical Forum for software developers and self-programmers on September 14th. Read More
BIS: The Bureau of Industry & Security Issued a Temporary Denial Order
The Bureau of Industry & Security issued a Temporary Denial Order (TDO) suspending export privileges of three people who are part of a Russia-based procurement network supplying Russia’s military. The Disruptive Strike Force coordinated an operation with DOJ and Commerce,…
CSMS: Clarification on When Part 122 Subjugates to Part 18
Cargo and Conveyance Security posted a message to clarify when Part 122 (Air Commerce) defers to Part 18 (Air BOLs transferred to Truck/Rail Mode of Transport) and how to report. Read More
CSMS: New Instructional Video on Filing Claims in ACE
The Office of Trade, Trade Policy and Programs, has developed a brief instructional video for first-time drawback filers on how to file a claim in ACE. Read More
CSMS: There’s a new DDTC element in AES
This Department of State, Directorate of Defense Trade Controls (DDTC) new data element collection will help ensure that only commodities that have been determined to be controlled in USML Category XXI by the Director of DDTC’s Office of Defense Trade…
CSMS: Registration for the October 2023 License Exam opens August 14
Additionally, beginning with the October 25, 2023 exam, each CBLE question will have four possible answers. This is a change from prior exams where each CBLE question had five possible answers. Read More
CSMS: Customs User Fees are Changing
Pursuant to the General Notice (88 FR 48900) published July 28, 2023, adjustments to certain customs user fees and corresponding limitations, as codified in 19 U.S.C. § 58c, will take effect on October 1, 2023. Read More
OFAC: “Introduction to OFAC” Web Series
The “Introduction to OFAC” web series is a series of short videos created to provide viewers with a high-level introduction on the fundamentals of the Treasury Department’s Office of Foreign Assets Control (OFAC) and U.S. sanctions implementation. Read More
Federal Reserve: Announced Enforcement Actions
The Federal Reserve Board on Wednesday announced two enforcement actions against Deutsche Bank AG, its New York branch, and other U.S. affiliates. Read More
National Law Review: The U.S. Adopted a New Sanctions Strategy
Since the February 2022 Russian invasion of Ukraine, the U.S. has adopted a new, more aggressive sanctions strategy, increasingly going after parties who enable sanctioned businesses and individuals to conduct business and shield their wealth. Read More