President Signs Retroactive GSP Renewal

On June 29, 2015, President Obama signed the Trade Preferences Extension Act of 2015, reinstating the Generalized System of Preferences (GSP). The newly signed legislation will extend the GSP, retroactively applying benefits to eligible commodities, through December 31, 2017. The

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Congress Passes Final Legislation to Renew GSP

GSP renewal legislation has finally passed in both the House and the Senate. The legislation will now go to the President for his signature. The proposed legislation will reinstate the General System of Preference (GSP), retroactively applying benefits to eligible

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House of Representatives Passes GSP Renewal Under Trade Preferences Extension Act of 2015 Legislation

On June 11, the House of Representatives passed the Trade Preferences Extension Act of 2015 bill moving it along to the Senate for Congressional approval. If the bill receives senatorial support, the final step would be for President Obama to

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Shapiro’s Baltimore Headquarters Is on the Move!

Shapiro is excited to announce that our Baltimore Headquarters office will be relocating to the Locust Point neighborhood in Baltimore, on Friday, June 12, 2015. The office will remain open for standard business hours on June 12th and will close promptly

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ILWU Ratifies Five-Year Contract Agreement with PMA

International Longshore and Warehouse Union (ILWU) have ratified the five-year contract agreement with the Pacific Maritime Association (PMA).  The contract was confirmed on Friday, May 22, 2015, more than a year since negotiations began, and will be retroactive to the

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GSP Renewal Legislation Introduced

Legislation to renew GSP was introduced on April 16th by Senate Finance Committee Chairman Orrin Hatch (R-UT) and Ranking Member Ron Wyden (D-OR), and House Ways and Means Committee Chairman Paul Ryan (R-WI) and Ranking Member Sander Levin (D-MI). The

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Importer Security Filings (ISF) Enforcement Update

Starting July 9, 2013, U.S. Customs and Border Protection (CBP) instituted a policy that every liquidated damages enforcement action for Importer Security Filings (ISF) would be reviewed by CBP headquarters for a period of at least one year. On May

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Houston Ship Channel Partially Closed After Vessel Collision

The Houston shipping channel remains partially closed after a chemical tanker, the Carla Maersk, collided with a bulk carrier, the Condi Peridot, at 12:41 p.m. Monday, March 9th.  The U.S. Coast Guard began clean-up of the methyl tetr-butyl ether (MTBE) spill creating a 4-8 mile

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Brazilian Truck Drivers Protest Fuel Tax

As reported in the Wall Street Journal and Reuters, protests against a 15-centavo-per-liter ($0.20/gallon) fuel tax hike in Brazil have entered their seventh day and are spreading across the country. What originally started as an isolated protest in Mato Grosso,

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ILWU/PMA Sign Tentative Coastwide Agreement while Canada Bottlenecks

On February 20, 2015, negotiators for the International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) announced a tentative five-year coastwide contract agreement.  Details of the contract are not yet available since membership of both groups must

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