News

Current information from American Lamprecht Transport Inc.

FURNITURE RETAILERS START TO FEEL TARIFF PAIN MORE ACUTELY

Date: Saturday, November 30th, 2019 Source:  Wall Street Journal HIGH POINT, N.C.—Amid seemingly endless displays of chairs and dining-room sets, the furniture industry’s fall trade show here featured a few signs of the times: placards atop non-Chinese goods proclaiming “No Tariffs!” “People…

Show More

IT’S MAKE OR BREAK WITH IMO 2020

Date: Saturday, November 30th, 2019 Source:  American Journal of Transportation Ocean carriers must recover most of their additional fuel costs or the industry will take a turn from bad to worse. On September 1st Zeamarine, one of the largest breakbulk operators in…

Show More

Deere outlook disappoints as trade war keeps farmers frugal

Date: Saturday, November 30th, 2019 Source:  AJOT Deere & Co. delivered a more cautious outlook than expected for the year ahead as simmering U.S.-China trade tensions and difficult growing conditions keep North American farmers from replacing large equipment, the company’s top moneymaker….

Show More

US importer pays CBP $3.3 million for entry violations

Date: Saturday, November 30th, 2019 Source:  Freight Waves U.S. Customs and Border Protection said optical lenses manufacturer Satisloh used false descriptions, tariff classifications and duty rates on its import entries for certain machinery and parts. U.S. Customs and Border Protection (CBP) on…

Show More

FASHION FOOTWEAR FACING DOUBLED DUTIES IF CBP HAS ITS WAY

Date: Saturday, November 30th, 2019 Source:  Sourcing Journal U.S. Customs and Border Protection wants to change the tariff code for fashion footwear, and the move would more than double the duty rate for importers. In a Customs Bulletin published last month, CBP proposed revoking…

Show More

Louisville CBP Seizes Over $95M in 88 Days

Date: Saturday, November 30th, 2019 Source:  CBP.GOV LOUISVILLE, Ky.– From September 1 to November 27, U.S. Customs and Border Protection officers in Louisville seized 164 shipments containing counterfeit goods worth more than $95 million, a 75% increase from this same time period last…

Show More