JAS USA COMPLIANCE

News & Insights from JAS Worldwide Compliance

JAS Forwarding (USA), Inc.

6165 Barfield Road
Atlanta GA, 30328
United States
Tel: +1 (770)688-1206
Fax: +1 (770)688-1229

Incoterms 2020

August 5, 2019

Did you know that there is an update to Incoterms that will be effective January 1, 2020?  There will be a few changes!  Some of the announced changes include a new incoterm CNI (Cost and Insurance).  This term will cover a gap between FCA and CFR.

Unlike FCA, which would include the cost of international insurance on account of the seller-exporter, and as opposed to CFR/CIF. CNI would not include freight. As in the other Incoterms in “C,” this new Incoterm would be an “arrival Incoterm,” i.e., the risk of transport would be transmitted from the seller to the buyer at the port of departure.

​Stay tuned over the next several months for more updates on Incoterms 2020!

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Latest News

December Spotlight

For December, we are highlighting Jeffrey Bispham on the West Coast!  Jeff has been in the industry for 26 years and remembers using a typewriter to prepare 7512's.  He has always worked in the import/customs brokerage side of logistics.  Jeff was adopted as part of the JAS Family when JAS acquired Tigers back in 2021 where Jeff had long tenure.

In October 2023, the JAS Forwarding (USA) Tacoma Foreign Trade Zone became an active FTZ in the JAS USA Network.  Jeff became the FTZ administrator of that site and has been instrumental in building the compliance for our FTZ site on the West Coast.

Jeff enjoys all sports, although he would tell all that he has become more of a spectator than a player as the years have passed.  Jeff enjoys being outdoors.  But most of all, he enjoys spending time with his family.  That time can often occur at the beach, or a Seattle sporting event (Mariners, Seahawks and Kraken).

Jeff is yet another great example that People Make the Difference!

Import Training

In November, JAS USA Corporate Compliance team members teamed up with JAS Atlanta Branch team members to facilitate client compliance training. From left to right, Calvin Oh (Corporate Compliance), Scott Cassell (Corporate Compliance), Carlo Rebuffi (Manager of Live Animals Division-ATL), Laurie Arnold (VP Corporate Compliance), and Rishma Patel (CHB Manager-ATL). The team was able to facilitate learning on the topic of import compliance.

OFAC Penalty

OFAC (Office of Foreign Assets Control), part of the Department of Treasury, has imposed a $1.1 Million penalty on a US individual. The panlty was issued for 75 violations of OFAC Iran sanctions.

To read the full details check out the link below:

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