BIS and Census penalties increase

The Bureau of Industry and Security and Census Bureau have raised their civil penalty amounts for various export control and trade statistics violations.

BIS and Census penalties increase

The Bureau of Industry and Security and Census Bureau have raised their civil penalty amounts for various export control and trade statistics violations.

BIS and Census penalties increase

The Bureau of Industry and Security and Census Bureau have raised their civil penalty amounts for various export control and trade statistics violations.

 
The U.S. Commerce Department’s Bureau of Industry and Security and Census Bureau have raised their civil penalty amounts for various export control and trade statistics violations.
    The agencies have authority to adjust their civil penalty amounts according to inflation under the 2015 Federal Civil Penalties Inflation Adjustment Act Improvements Act.
    The new penalty amounts, which will be applied per violation, take effect March 1.
    BIS has increased its civil penalty amounts for the following violations:
    • International Emergency Economic Powers Act, from $295,141 to $302,584 (per charge, per export violation).
   • Chemical Weapons Convention Implementation Act, from $37,601 to $38,549.
    Census has increased its civil penalty amounts for the following violations:
    •Collection of Foreign Trade Statistics, each days delinquency of a violation, from $1,360 to $1,394, with a maximum per violation from $13,605 to $13,948.

The driver market continues to be tight, but not quite as much as the middle of 2018. The overall trend late last year was that turnover is slowing.

Spot container rates from Shanghai to the U.S. West Coast totaled $1,345 per FEU as of March 15, while rates from Shanghai to the U.S. East Coast stood at $2,357 per FEU, with rates on both trades falling each week since the Jan. 18 reading, according to data from the Shanghai Containerized Freight Index.

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BIS and Census penalties increase

The Bureau of Industry and Security and Census Bureau have raised their civil penalty amounts for various export control and trade statistics violations.

Feb 07, 2019 on Dec 27, 2018AmericanShipper.com

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BIS and Census penalties increase

The Bureau of Industry and Security and Census Bureau have raised their civil penalty amounts for various export control and trade statistics violations.

Feb 07, 2019 on Dec 27, 2018AmericanShipper.com