Global Trade Management — August, 2008

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WTO Director-General Calls for Continued Efforts in Wake of Collapse of Doha Round of Global Trade Talks
Pascal Lamy, director-general of the World Trade Organization, urged members not to abandon efforts to achieve trade liberalization, following the collapse of the Doha Round of global trade negotiations in late July. The talks broke down over the issue of a "special safeguard mechanism" (SSM) for developing countries, which would allow them temporarily to raise tariffs in the event of import surges or price falls. Specifically, the dispute centered on...
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Management Dynamics Releases New Product to Automate Logistics for Air-Freight Shipments
Management Dynamics, Inc. has released the Air Rate Manager, an on-demand service that automates the logistics process for airfreight. According to the vendor, the tool allows shippers and logistics providers to make better routing and carrier selections, expedite the audit of air waybills and control international transportation spend. A module within Management Dynamics' International Transportation Management software suite, Air Rate Manager is delivered over the internet as an on-demand application. It provides access to...
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International Trade Lawyer Offers Tips on How Companies Can Discover "Hidden Profits" in Customs Data
Many global traders aren't taking full advantage of techniques that could save them "substantial amounts of money," according to attorney Tom Travis of Miami, Fla.-based Sandler & Travis Trade Advisory Services, Inc. Mistakes, he said, fall into two categories:...
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Customs Brokers and Forwarders' Group Urges FMC to Exempt NVOs From Tariff-Filing Requirements
The National Customs Brokers and Forwarders Association of America, Inc. has asked the Federal Maritime Commission to exempt non-vessel operating common carriers (NVOs) from the agency's tariff-filing requirement. In a petition filed this summer with the FMC, NCBFAA backed a proposal to eliminate...
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Customs Backs Off Proposal to Alter "First-Sale" Rule for Figuring Duty Assessment--For Now
U.S. Customs and Border Protection has backed away from its proposal to eliminate the "first-sale" method of determining the value of import transactions. Under the plan, Customs would no longer have allowed an importer to calculate the duty it owed...
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New Farm Bill Tightens Up on Information Requirements for Imported Plants and Plant Products
The recently passed Farm Bill, H.R. 2419, imposes a new reporting requirement on importers of plants and products made from plants. Applying to goods arriving in the U.S. on or after Nov. 24, 2008, it mandates that all importers of such products file a declaration containing three pieces of information:...
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"First-Sale" Rule Stands, But Importers Must Now Declare All Such Transactions on Customs Entries
U.S. Customs and Border Protection may have decided not to eliminate the "first-sale" rule for figuring duty rates, but importers still must comply with a new reporting rule, according to the Deringer Logistics Consulting Group. The recently enacted Farm Bill, known officially as the Food, Conservation and Energy Act of 2008, requires that...
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Ask The GTM Expert: This month, James Preuninger, CEO of Management Dynamics, is available to answer your GTM questions.

Past Global Trade Management Issues:
May, 2008
February, 2008
November, 2007
September, 2007
July, 2007
March, 2007


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