Everglory News

30Jun, 2016

Customs and Border Protection on June 17th announced a change to how they are handling ISF penalties and it gives individual ports the authority to take action directly for violation of the agency’s Importer Security Filing (ISF) requirements. The ISF (or ’10 + 2′) filing requirements mandates that an importer provide Customs with ten data… Read more »

20Jun, 2016

(Pictured above: the skyline of Hanoi, Vietnam) Vietnam is poised to become one of the stand-out success stories of the Trans-Pacific Partnership, with exports growing 11 percent, or $36 billion dollars over the first decade. With very low labor costs, the removal of import tariffs from the US and Japan, Vietnam also expects a 50%… Read more »

No matter how easy the National Export Initiative makes an international sale, exporters must be aware of several important rules and guidelines when selling goods to an overseas entity. We will look at some of the details of things like AES and routed export transactions in future columns, but today we want to focus on… Read more »

9May, 2016

I’ve personally been with Everglory since the beginning of this year, and the story we have to tell is a tremendous one. Ray and Joe, the founders, began Everglory in Boston at our now “old” office back in 2011. At the beginning of May, we moved into our new offices at 175 McClellan Highway. We’re… Read more »

29Apr, 2016

While Boston is the corporate headquarters of Everglory, we represent our clients across the United States with our two other branch offices located in Chicago and Los Angeles. We wanted to introduce you to those offices and their capabilities, as well as introduce you to their managers. Chicago Chicago, Everglory’s gateway office in the Midwest… Read more »

25Apr, 2016

Along with the deployment of their new ACE processing system, Customs has announced that all ten of their Centers of Excellence and Expertise are now fully operational and are processing entry summaries. Importers whose commodities fall into one of the ten industries managed by the CEE’s should expect to learn more about them and be… Read more »

31Mar, 2016

Ocean freight shippers are coming to learn two new acronyms along with the alphabet soup of others in their vocabulary owing to a new requirement for containers for containers worldwide beginning July 1st. SOLAS SOLAS stands for Safety of Life At Sea Convention and it is a Committee of the International Maritime Organization charged with keeping… Read more »

21Mar, 2016

(Pictured above in order are Everglory’s VP Ray Mui and Managing Director Joe Phan and LITESHIP’s Jay Breda, Stacey Brown and Eric Breda) It gives us great pleasure to announce that Everglory has made an investment in the future of our customers’ supply chains by bringing Customs brokerage in-house through the acquisition of Customs broker,… Read more »

12Feb, 2016

(Photo credit: Flickr user TechStage, CC By 2.0) The Consumer Product Safety Commission has intensified their investigation into the safety of so-called hover boards, or battery-powered devices that are steered by balance. Admittedly, they don’t really hover, and if you’re looking for a great way to describe them, think of them like a Segway without the manual controls…. Read more »

6Feb, 2016

(Photo Credit Flickr User Frans Berkelaar, CC BY 2.0) 2015 is coming to a close with two notable consolidations in the ocean carrier business; COSCO is purchasing China Shipping and CMA-CGM is purchasing NOL and their liner subsidiary, APL, for $2.2 billion. COSCO has announced that China Shipping will exit the liner shipping business (read:… Read more »