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The President recently signed Trade Legislation H.R. 2832. Among other things, it raised the Merchandise Processing Fee (MPF) on formal entries, type 01, from 0.21% to 0.3464%. The time frame for enactment is for 9 years, from October 2011 to June 2021.
CBP Will Implement a New Approach to 10+2 Enforcement
U.S. Customs and Border Protection unveiled details for an updated approach it will take on ISF (Importer Security Filing) enforcement that will begin on January 26, 2010. CBP terms this approach "Graduated Escalated" enforcement under the ISF filings. CBP will review the program on a quarterly basis throughout 2010.
Carrier members of the Transpacific Stabilization Agreement (TSA), FMC Agreement No. 011223, serving the East Asia/USA trade lane will increase several surcharges and terminal related charges effective April 1, 2011.
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