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TMF Increase
MPF Billing
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Green Worldwide News
Greetings!

In an effort to keep our clients informed, we are sending you this email in hopes that you find it relevant and useful to your business.

Traffic Mitigation Fee increase

Effective August 1, 2012, the Traffic Mitigation Fee charged by the Port of Los Angeles/Long Beach will increase to USD 61.50 per TEU and USD 123.00 per FEU.
 

This is the result of the Trade Adjustment Assistance Extension Act of 2011 (TAA) that was signed into law on October 21, 2011. This law increased the merchandise processing fee (MPF) rate for formal entries from 0.21% (.0021) to 0.3464% (.003464), effective October 1, 2011. The minimum and maximum fees, $25 and $485 respectively, did not change.

 
Additional details
  • The retroactive increase affected over 650,000 entry summaries, and CBP will process the bills in batches from June to September 2012.   
  • CBP will not bill for de minimis amounts (i.e., increases of less than $20.00).   
  • CBP will generate bills for entries that are not liquidated and are not flagged for reconciliation.   
  • Please note that multiple bills may be paid with one check, as long as a supplemental spreadsheet is provided, which lists each bill number and bill amount.   
  • CBP will not assess interest on bill amounts for the increased MPF. 
Green Worldwide Shipping now in Houston

We are pleased to announce the opening of our 5th office in Houston, TX.  
The office is headed by a long-time Green Worldwide employee, Terri Tedford, who has relocated from our HQ in Atlanta. Terri, a licensed customs broker, has a broad range of industry experience. Her new contact details are: Houston office
Green Worldwide Shipping, LLC
15311 W. Vantage Parkway, Suite 158
Houston, TX 77032

Telephone: +1 832 554 1204
Fax: +1 832 554 1205
Email: tat@greenworldwide.com

Terri and her team in Houston are ready to assist you with any request you may have be it air, ocean, import, or export.

 

If you have any questions about anything in this newsletter, please contact your local Green Worldwide office.  Or you can email us at info@greenworldwide.com or call to 404-974-2910.

 

Sincerely,

 

Green Worldwide Shipping, LLC