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May this year of Pig bring new happiness, new goals, new achievements and new inspirations. OEC Group wish you a year fully loaded with happiness.

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10/21/2019

November 1, 2019 General Rate Increase (GRI)

Dear Valued Customer,   Effective November 1, 2019 General Rate Increase (GRI) has been filed for all cargo imported from Asia ports of loading, to U.S.A., Canada, and Mexico ports/ramps of discharge.   The proposed increases are as follows:   General Rate Increase - November 1, 2019 USD         900 / 20' USD      1,000 / 40' USD      1,125 / 40' HQ USD      1,125 / 40' Reefer USD      1,266 / 45' USD      1,600 / 53'   As it is not possible to predict the future market based on the current trade conditions, OEC Group will continue to monitor the situation as it develops.   Should you have any questions regarding this update, please contact your Sales or Customer Service representative.     Sincerely yours,   OEC Group        The information contained herein is provided as a public service with the understanding that OEC Group makes no warranties, either expressed or implied, concerning the accuracy, completeness, reliability, and suitability of the information. Nor does OEC Group warrant that the use of this information is free of any claims of copyright infringement. http://www.oecgroup.com             

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09/26/2019

Update: Section 301 Exclusions on Lists 1, 2, & 3

Dear Valued Customer,    The Office of the United States Trade Representative (USTR) released additional exclusions to Section 301 Lists 1, 2, and 3. Based on this, importers may be eligible for a refund for certain duties previously collected by US Customs and Border Protection (CBP).   For a product to be eligible as an exclusion, the Harmonized Tariff Code (HTS) and product description must match those listed by the USTR. If you determine you're paying duty on a product where both HTS Codes and product descriptions match, please contact your customs brokerage representative to see if you are eligible for a refund from US CBP.   Please review the USTR publications below:   List 1 Exclusions Granted September 20, 2019 List 2 Exclusions Granted September 20, 2019 List 3 Exclusions Granted September 20, 2019   OEC Group is committed to keeping our customers informed on current market conditions and will continue to monitor the situation as it develops.   Should you have any questions regarding this update, please contact your OEC Group Brokerage Representative.     Sincerely yours,   OEC Group   The information contained herein is provided as a public service with the understanding that OEC Group makes no warranties, either expressed or implied, concerning the accuracy, completeness, reliability, and suitability of the information. Nor does OEC Group warrant that the use of this information is free of any claims of copyright infringement. http://www.oecgroup.com              

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