M.E. Dey Newsletter

August 2010

CUSTOMS/SECURITY

Korea, U.S. Sign Mutual Recognition Arrangement at World Customs Organization

Commissioner Shares Trade Vision at CBP Conference
06/22/2010

The message was resoundingly clear when U.S. Customs and Border Protection Commissioner Alan Bersin greeted attendees at the opening of CBP’s fourth, national Trade Conference in Arlington, Va., today. Trade is an integral part of CBP’s mission of keeping America safe and strong. more...

IMPORT/EXPORT

Supreme Court Rules on Liability for Inland Portion of Intermodal Shipments

The Supreme Court issued a ruling June 21 that reversed two Ninth Circuit Court of Appeals decisions concerning through bills of lading, which allow cargo owners to contract for transportation across oceans and to inland destinations in a single transaction. more...

IS TRANS-PACIFIC CAPACITY STILL AN ISSUE?

The short answer is, yes!

Even though additional capacity has been added with new larger vessels and the restoration of suspended services, a multitude of factors continue to contribute to equipment and space shortages.

The next three articles provide a glimpse at some of these factors and one steamship line’s perspective on why they can command higher rates and additional surcharges.

M.E. Dey is monitoring this fluid situation on a daily basis to obtain space and competitive pricing to meet our customers’ needs. Please contact our Logistics Division for additional information and the best service options for your shipments.

Companies Face Large Fines for Illegal Exports

SHORTAGE of OCEAN CONTAINERS

Maersk Expects Peak Season Container Shortage in Asia

Maersk, CMA CGM, MSC Restore Trans-Pacific Container Service

PROTECT YOUR INTERESTS WITH MARINE CARGO INSURANCE

TRANSPORTATION

FMC Extends Capacity Fact Finding For Three Months

Oberstar Calls for Broad Ocean Shipping Reform

COMPLIANCE

NCBFAA Works With Environmental Groups to Revise Lacey Act

FDA to Extend Information Collections on Cosmetics, Prior Notice, Facility Registration

10+2 Adds Up
Compliance with Customs’ ISF program runs smoothly, but penalties are coming for shippers lagging behind

CPSC to Begin Issuing Detention Notices

How to Avoid Bamboozling Your Customers

Marketers looking to provide more environmentally friendly choices to consumers may have heard about bamboo, which has been recognized for its ability to grow quickly with little or no need for pesticides. But when it comes to textile products made from bamboo, that’s not the whole story. more...

EVENTS/SEMINARS

Green ICT & Energy Efficiency Trade Mission
September 27-29, 2010 Mexico City, Mexico ... read more

Trade Mission to Iraq
October 2010 Baghdad, Iraq ... read more

"Better for You" Foods Trade Mission to Korea and Japan
October 18-20, 2010 Seoul, Korea October 21-23, 2010 Tokyo, Japan ... read more

Eco Expo Asia
November 3-6, 2010 Hong Kong... read more

Click here for a more complete list of events in Wisconsin and abroad.

WISCONSIN CREDIT ASSOCIATION & Co-Sponsors
International Chamber of Commerce (ICC) &
United States Council for International Business (USCIB)

Present a full -day seminar on

Featuring FRANK REYNOLDS
U.S. Representative to the ICC Incoterms Revision Committee

SEPTEMBER 23, 2010

Midway Hotel Brookfield WI 1005 S Moorland Road – Brookfield WI

Space is limited and based on a first come, first-served basis

Click for more information

Are You Facing Barriers Exporting To The CAFTA-DR Region?
The trade compliance attaché for the CAFTA-DR region is at the forefront of U.S. Commerce Department efforts to implement the Trade Agreements Compliance Program. The program endeavors to reduce or eliminate foreign government trade barriers that adversely affect trade opportunities for U.S. goods, services and investment. If you do business in the CAFTA-DR region and need help addressing a foreign government trade or investment barrier, use the following link provided for the Report a Trade Barrier at: http://tcc.export.gov/Report_a_Barrier/index.asp.
We will evaluate the issue and respond to you as soon as possible

Export Promotion Magazine Announces Special Offers for U.S. Exporters
Learn more: http://www.thinkglobal.us
The U.S. Commercial Service - Your Global Business Partner. With offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce's International Trade Administration uses its global Network and international resources to connect U.S companies with international buyers worldwide. If you have any questions about these initiatives, please contact your local U.S. Commercial Service trade specialist. To find the trade specialist nearest you please visit http://www.buyusa.gov/home/us.html .

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The DeyTimes Newsletter is an online international trade information service, published electronically by M.E. Dey & Co., Inc. (publisher) The publisher has taken all reasonable steps to verify the accuracy of the content of this site. The publisher does not and will not at any time accept any responsibility or otherwise be liable for any loss or damage whatsoever that you may suffer as a result information contained in this newsletter. Links are provided for your convenience only. Accessing links to third party Web sites and use of or reliance upon third party material is solely at your own risk.

NOTE: Information contained herein is of necessity a summary of complicated and fact-specific issues. It is not intended to convey legal advice, and receipt of it does not constitute or create an attorney-client relationship. Before you act on any information provided in this document, you should seek professional advice regarding its applicability to your specific circumstances.