GHY Tradelines

pspan style=”FONT-FAMILY: ‘Verdana’, ‘sans-serif’; COLOR: black; FONT-SIZE: 8pt; mso-bidi-font-family: Arial”(Mickey McCarter — HS Today)?xml:namespace prefix = o ns = “urn:schemas-microsoft-com:office:office” /o:p/o:p/span/ppbspan style=”FONT-FAMILY: ‘Verdana’, ‘sans-serif’; FONT-SIZE: 10pt; mso-bidi-font-style: italic”SBInet manager heads new effort to solve problems that plagued virtual fence, other programs /span/bb style=”mso-bidi-font-weight: normal”span style=”FONT-FAMILY: ‘Verdana’, ‘sans-serif’; FONT-SIZE: 10pt”o:p/o:p/span/b/ppspan style=”FONT-FAMILY: ‘Verdana’, ‘sans-serif’; FONT-SIZE: 10pt”The commissioner of US Customs and Border Protection (CBP) has promoted the program manager of the agency’s virtual fence project to head a new office tasked with planning for complex technology acquisition programs in general.br /br /Mark Borkowski, who still remains manager of the Secure Border Initiative-Network (SBInet), also took on the role of assistant commissioner of Technology Innovation and Acquisition starting in July. CBP Commissioner Alan Bersin tasked him first with delivering a set of recommendations on the scope of his new office’s duties, due by the end of this year./spanstrongspan style=”FONT-FAMILY: ‘Verdana’, ‘sans-serif’; COLOR: #ed1c2d; FONT-SIZE: 10pt; mso-bidi-font-family: Arial” /span/strongspan style=”FONT-FAMILY: ‘Verdana’, ‘sans-serif’; COLOR: black; FONT-SIZE: 10pt; mso-bidi-font-family: Arial”Read more a href=”http://www.hstoday.us/content/view/14720/149/”span style=”color:#0000ff;”here/span/a./spanbspan style=”FONT-FAMILY: ‘Verdana’, ‘sans-serif’; COLOR: #ed1c2d; FONT-SIZE: 10pt; mso-bidi-font-family: Arial”o:p/o:p/span/b/p

pspan style=”FONT-FAMILY: ‘Verdana’, ‘sans-serif’; FONT-SIZE: 8pt”(Fanhouse.com)?xml:namespace prefix = o ns = “urn:schemas-microsoft-com:office:office” /o:p/o:p/span/pspan style=”LINE-HEIGHT: 115%; FONT-FAMILY: ‘Verdana’, ‘sans-serif’; FONT-SIZE: 10pt; mso-bidi-font-family: ‘Times New Roman’; mso-fareast-font-family: Calibri; mso-fareast-language: EN-US; mso-ansi-language: EN-CA; mso-bidi-language: AR-SA”The NFL and other pro sports leagues are working with federal authorities to curb the flow of counterfeit products, a href=”http://www.ice.gov/pi/nr/1009/100908neworleans.htm” target=”_blank”span style=”color:#0000ff;”the U.S. Immigration and Customs Enforcement (ICE) recently announced/span/a.br /br /ICE agents based in New Orleans investigated vendors and confiscated more than 1,400 counterfeit hats, t-shirts and jerseys worth approximately $210,000. While most of the merchandise included faked NFL gear, counterfeit NBA, MLB and NASCAR products were also seized along with bogus Duracell batteries and John Deere products. Read more a href=”http://www.fanhouse.com/2010/09/14/u-s-immigration-and-customs-enforcement-working-to-halt-counter/”span style=”color:#0000ff;”here/span/a./span

span style=”LINE-HEIGHT: 115%; FONT-FAMILY: ‘Verdana’, ‘sans-serif’; COLOR: black; FONT-SIZE: 8pt; mso-bidi-font-family: Arial; mso-fareast-font-family: Calibri; mso-fareast-language: EN-US; mso-ansi-language: EN-CA; mso-bidi-language: AR-SA”(Lexology – Arent Fox LLP)br //spanspan style=”LINE-HEIGHT: 115%; FONT-FAMILY: ‘Verdana’, ‘sans-serif’; COLOR: black; FONT-SIZE: 10pt; mso-bidi-font-family: Arial; mso-fareast-font-family: Calibri; mso-fareast-language: EN-US; mso-ansi-language: EN-CA; mso-bidi-language: AR-SA”br /Recently, word has spread in the importing community that US Customs and Border Protection (CBP) is contemplating changes to the way it interprets the customs valuation statute related to income tax transfer pricing rules for related party pricing, and more specifically, to compensating adjustments. These potential changes could affect the declared value of imported goods (and consequently the import duties/fees paid on those goods) for large companies with many related party sales according to a transfer pricing formula.br /br /The overlap between customs valuation rules for imported merchandise and income tax transfer pricing rules for related party pricing has been debated in trade circles for at least the past decade. Multinational corporations (MNCs) must set transfer pricing policies in accordance with Section 482 of the Internal Revenue Code; and most major players have a bilateral Advance Pricing Agreement (APA) with the Internal Revenue Service (IRS) and a foreign income tax authority. Read more a href=”http://www.lexology.com/library/detail.aspx?g=57074d0d-21e9-4da7-9378-3d331d4890f9″span style=”color:#0000ff;”here/span/a./span

pspan style=”FONT-FAMILY: ‘Verdana’, ‘sans-serif’; COLOR: black; FONT-SIZE: 8pt; mso-bidi-font-family: Arial”(International Freighting Weekly – Katerina Kerr)?xml:namespace prefix = o ns = “urn:schemas-microsoft-com:office:office” /o:p/o:p/span/ppspan style=”FONT-FAMILY: ‘Verdana’, ‘sans-serif’; COLOR: black; FONT-SIZE: 10pt; mso-bidi-font-family: Arial”Container traffic is expected to increase 12% this year, but will decline to half that in 2011, according to HSBC Global Research’s latest report. The research also projects an average rise of 17% in US$ per teu for this year, but only a 2% rise for 2011. o:p/o:p/span/ppspan style=”FONT-FAMILY: ‘Verdana’, ‘sans-serif’; COLOR: black; FONT-SIZE: 10pt; mso-bidi-font-family: Arial”HSBC recorded a 20% rise in container volumes in the second quarter this year, with traffic in July up 11% on last year to 12.7 million teu, but 2% below figures for July 2008. o:p/o:p/span/ppspan style=”FONT-FAMILY: ‘Verdana’, ‘sans-serif’; COLOR: black; FONT-SIZE: 10pt; mso-bidi-font-family: Arial”It said: “Globally, demand remains strong on intra-Asian trades, and recently had been particularly strong on Asia-Europe. Freight rates charged by container lines such as Maersk – which recently upgraded guidance – are up around 30%, year to date, globally, owing to healthy demand and supply-side discipline.” Read more a href=”http://www.ifw-net.com/freightpubs/ifw/news/container-traffic-growth-to-slow-claims-report/20017808760.htm;jsessionid=09E97B3C07E7C01FD3FAD9068A8F7DE6.49f4d07bb55175180e5453a50ae76331b9143bfd”span style=”color:#0000ff;”here/span/a.o:p/o:p/span/p

pspan style=”FONT-FAMILY: ‘Verdana’, ‘sans-serif’; COLOR: black; FONT-SIZE: 8pt; mso-bidi-font-family: Arial”(Lexology – Erik de Bie, Greenberg Traurig LLP)?xml:namespace prefix = o ns = “urn:schemas-microsoft-com:office:office” /o:p/o:p/span/ppspan style=”FONT-FAMILY: ‘Verdana’, ‘sans-serif’; COLOR: black; FONT-SIZE: 10pt; mso-bidi-font-family: Arial”The European Commission circulated a document for consultation to parties concerned in the context of a preparation of a possible legislative proposal on the simplification of VAT collection procedures in relation to centralized customs clearance. Bearing in mind the growing demand of companies to organize EU customs clearance cross-border, this is an important consultation. The current VAT rules do not provide clear and efficient solutions for centralized customs clearance. To facilitate the developments in the customs arena, it is crucial that the European Commission and the EU Member States implement a solution soon.br /br /What is the problem? The Modernized Customs Code allows the customs authorities to authorize importers to declare and pay customs duties to the customs office that is competent for such importer, independent from where the goods are physically imported and where they are transported to within the EU. Read more a href=”http://www.lexology.com/library/detail.aspx?g=1059fd4c-b6d8-47c0-91b7-8d2ed09c6c6f”span style=”color:#0000ff;”here/span/a. o:p/o:p/span/p

pspan style=”FONT-FAMILY: ‘Verdana’, ‘sans-serif’; COLOR: black; FONT-SIZE: 8pt; mso-bidi-font-family: Arial”(Journal of Commerce Online – William B. Cassidy)?xml:namespace prefix = o ns = “urn:schemas-microsoft-com:office:office” /o:p/o:p/span/ppemb style=”mso-bidi-font-weight: normal”span style=”FONT-STYLE: normal; FONT-FAMILY: ‘Verdana’, ‘sans-serif’; COLOR: black; FONT-SIZE: 10pt; mso-bidi-font-family: Arial; mso-bidi-font-style: italic”Surveys show tight truckload capacity boosting rates 5% or more/span/b/emb style=”mso-bidi-font-weight: normal”i style=”mso-bidi-font-style: normal”span style=”FONT-FAMILY: ‘Verdana’, ‘sans-serif’; COLOR: black; FONT-SIZE: 10pt; mso-bidi-font-family: Arial”br //span/i/bspan style=”FONT-FAMILY: ‘Verdana’, ‘sans-serif’; COLOR: black; FONT-SIZE: 10pt; mso-bidi-font-family: Arial”br /Truckload carriers are reporting increasing demand for freight services and higher rates this month, a sign there may still be life in trucking’s fall peak season. Surveys by investment firm Longbow Research and Transport Capital Partners show truckload rates rising and capacity tightening since mid-August.br /br /Longbow’s weekly Truckload Barometer, which measures demand and capacity, rose 10.5% from the previous week Sept. 14, its fourth consecutive increase. The index is up 40% since mid-August, Longbow said, despite other indications that the economy and international shipping and imports are slowing. Read more a href=”http://www.joc.com/trucking/truckload-demand-pricing-seen-still-rising”span style=”color:#0000ff;”here/span/a.o:p/o:p/span/p

pspan style=”FONT-FAMILY: ‘Verdana’, ‘sans-serif’; COLOR: black; FONT-SIZE: 8pt; mso-bidi-font-family: Arial”(Lee-Anne Goodman — The Canadian Press)?xml:namespace prefix = o ns = “urn:schemas-microsoft-com:office:office” /o:p/o:p/span/ppspan style=”FONT-FAMILY: ‘Verdana’, ‘sans-serif’; COLOR: black; FONT-SIZE: 10pt; mso-bidi-font-family: Arial”Seven months after the Buy American resolution, Canadian manufacturers are poised to become ensnared in yet another protectionist piece of U.S. legislation even though the Chinese are the intended target.o:p/o:p/span/ppspan style=”FONT-FAMILY: ‘Verdana’, ‘sans-serif’; COLOR: black; FONT-SIZE: 10pt; mso-bidi-font-family: Arial”Gary Doer, Canada’s ambassador to the United States, is sending a letter this week to congressional leaders, urging them to consider the impact on the Canada-U.S. trade relationship if the Foreign Manufacturers Legal Accountability Act passes Congress in the weeks to come. “As we are each other’s largest trading partner, Canada is concerned this legislation seeks to solve a problem that does not exist,” Doer wrote. “It could instead result in unintended consequences of unduly burdening our bilateral trade.”o:p/o:p/span/ppspan style=”FONT-FAMILY: ‘Verdana’, ‘sans-serif’; COLOR: black; FONT-SIZE: 10pt; mso-bidi-font-family: Arial”The act, currently before the U.S. House of Representatives, is aimed at ensuring that the foreign manufacturers of defective protects can be served with legal papers. It was the result of the Chinese drywall fiasco that has damaged some U.S. homes and made homeowners sick; consequently, it isn’t expected to face many hurdles in Congress. o:p/o:p/span/ppspan style=”FONT-FAMILY: ‘Verdana’, ‘sans-serif’; COLOR: black; FONT-SIZE: 10pt; mso-bidi-font-family: Arial”The act is part of a “Make It In America” initiative by nervous Democrats who are hoping it will score them points in what’s known as the Rust Belt, a manufacturing-heavy region of the Midwest and northeastern United States where exasperation about the widening trade deficit is off the charts. Rust Belt Democrats are vulnerable to defeat in the November mid-term elections less than eight weeks away. Read more a href=”http://news.sympatico.ca/business/buy_american_the_sequel_new_canada-us_trade_battle_looms_ahead_/4b9ae535″span style=”color:#0000ff;”here/span/a.o:p/o:p/span/p

pspan style=”FONT-FAMILY: ‘Verdana’, ‘sans-serif’; COLOR: black; FONT-SIZE: 8pt; mso-bidi-font-family: Arial”(Reuters – David Ljunggren)?xml:namespace prefix = o ns = “urn:schemas-microsoft-com:office:office” /o:p/o:p/span/pp style=”MARGIN-BOTTOM: 12pt”span style=”FONT-FAMILY: ‘Verdana’, ‘sans-serif’; COLOR: black; FONT-SIZE: 10pt; mso-bidi-font-family: Arial”In another signal of a patchy economic recovery in Canada, industrial capacity use rose in the second quarter of 2010 – the fourth consecutive increase – but remained well below recent peaks. Statistics Canada said on Tuesday that industries operated at 76.0% of total capacity, up from the revised 74.4% in the first quarter, and slightly higher than the 75.8% expected by market operators.br /br /The economic recession had helped cut capacity utilization to a record low of 68.1% in the second quarter of 2009. That said, the rate is well below its recent high of 83.1% in the first quarter of 2007.o:p/o:p/span/pp style=”MARGIN-BOTTOM: 12pt”span style=”FONT-FAMILY: ‘Verdana’, ‘sans-serif’; COLOR: black; FONT-SIZE: 10pt; mso-bidi-font-family: Arial”Read more a href=”http://www.reuters.com/article/idUSN1425202520100914″span style=”color:#0000ff;”here/span/a.Statistics for industrial capacity utilization rates, and a link to the data file, are on the Statistics Canada website a href=”http://www.blogger.com/here”span style=”color:#0000ff;”here/span/a. Labour productivity statistics, and links to the data files can be found a href=”http://www.statcan.gc.ca/daily-quotidien/100914/dq100914c-eng.htm” target=”_blank”span style=”color:#0000ff;”here/span/a.strongspan style=”FONT-FAMILY: ‘Verdana’, ‘sans-serif’; FONT-WEIGHT: normal; mso-bidi-font-family: Arial”o:p/o:p/span/strong/span/p