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.
DOJ: Federal Register Notice Outlines DOGE Workforce Cuts, Hiring Limits, and Potential Slowdowns
DOJ: Federal Register Notice Outlines DOGE Workforce Cuts, Hiring Limits, and Potential Slowdowns
February 21, 2025/
Here's the Federal Register notice about how the DOGE Workforce Optimization Initiative is supposed to be initiated. I expect that most functions we work with will slow down.
- Each agency is allowed to hire no more than one person per four that depart (unless they're public safety, immigration, enforcement, or law enforcement; there will be argument determining which of the agencies we interact with are that)
- Agency heads are supposed to initiate large reductions in force (RIF); this again doesn't apply to public safety, immigration, enforcement, or law enforcement.
Related Posts
CBP: Section 321 Enforcement Update in ACE to Block Ineligible De Minimis Shipments
CBP is enhancing Section 321 enforcement within ACE to ensure compliance with the $800 de minimis threshold. Starting June 26, the update will be deployed to the CERT environment. This enhancement will prevent the release of shipments claiming de minimis entry when the $800 per person per day limit has already been exceeded, helping to…
OFAC: GVA Capital Fined $216M for Russia Sanctions Violations
The Office of Foreign Assets Control issued a penalty notice for almost $216M on GVA Capital Ltd. They’re a venture capital firm in California. This is for violating the Russia sanctions and failing to comply with a subpoena. Read More
Justice: DOJ Declines to Prosecute PE Firm After Voluntary Disclosure of Export Violations
The United States Department of Justice declined to prosecute a private equity firm after they discovered criminal violations of export laws that one of their acquired companies had committed and disclosed them voluntarily. Read More
DOJ: Crypto Exec Indicted for Laundering Millions Through U.S. Banks
The United States Department of Justice unsealed an indictment against Iurii Gugnin, owner of cryptocurrency company Evita, for funneling > $500 million of payments through US banks / crypto exchanges while hiding the source and purpose of the transactions. Read More