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

Infrastructure Improvement = Trade Opportunities

December 8, 2016

On December 8, 2016, the Water Infrastructure Improvements for the Nation Act or WIIN passed the House of Representatives.  There was strong bipartisan support with the final vote 360 yes and 61 no.  Following the House vote, the Senate passed the bill on December 10, 2016

WIIN has been created with the goal of building and improving infrastructure related to trade and water resources.  Also included in this act is the Water Resources Development Act of 2016 which passed the House of Representatives in September.  Among other things, these acts address American harbors, dams, locks and flood control systems which are vital to US economic and trade growth.

Harbor maintenance programs are of particular interest with regards to trade.  In recent years, barely half of the funds available in the “harbor maintenance trust” fund was being utilized in ports.  The surplus was unfortunately being used in other federal programs leading to shortfalls in maintenance of US ports.  The WIIN Act provides a path to work towards eliminating the surplus and ensuring that full funding is diverted back to its intended use by 2025.

Harbor projects are paramount to the continued competitiveness of the US in trading with the rest of the world.  Improved harbors will allow larger ships to call US ports which will improve efficiencies of the supply chains and strengthen the trade community.  For questions contact JAS USA Inc. Compliance!

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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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