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On June 24, 2024, the Assistant Secretary of Commerce, Matthew S. Axelrod signed a settlement agreement with an exporter for violations of EAR. The violations occurred because of forty-two different shipments over the course of 4 years which were classified under ECCNs 1C353. These instances were subject to export licenses, but no licenses were obtained prior to exportation.
The exporter has a compliance team and upon recognition of the issue, submitted a voluntary self-disclosure. To read more details, check out the link below.
Indira Coomar from our JAS Forwarding (USA) Inc. Norfolk branch has been with JAS for 14 years in September. She likes to run each morning. During her runs, she takes some very beautiful photos of the sunrise over the beach and shares them with an inspirational quote to start many days. One of her recent quotes was “the secret to getting ahead is getting started!” We appreciate Indira’s motivation, and this attitude perfectly reflects that People Make the Difference.
July 2024, JAS Forwarding (USA) Inc.’s Laurie Arnold (VP Compliance) and Scott Cassell (Corporate Compliance Project Manager) facilitated a client seminar covering Foreign Trade Zone, Forced Labor and Duty Drawback. The event was hosted by our JAS Forwarding (USA)Inc. Charlotte Branch!
CBP publishes monthly trade statistics that provide a snapshot of the volume of shipments being processed. In May2024, CBP processed more than 2.9 million entry summaries. This includes numerous modes of transport from all over the world.
CBP’s monthly trade stats show duties paid, seizures, WRO data and much more.
To read the full article, check out the link below.
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